Ada Tire Center
How we got $211K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 41 years (since 1985)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Ada Tire Center is a tire and auto repair shop in Ada, OK, serving Ada and surrounding areas. Repair services are currently limited while it looks to hire a mechanic, though it is offering oil changes.
From the company's website. Industry: Automotive Parts, Accessories, and Tire Retailers.
Estimated value over time
▲ 29% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ADA TIRE CENTER this business | $1.9M | — |
| O'Reilly Auto Parts Ada | $2.3M | 0.4 mi |
| AutoZone Ada | $2.3M | 0.6 mi |
| BOBBY FENNELL Ada · 1 employees | $528K | 0.7 mi |
| ADA ALIGNMENT & TIRE, INC. Ada · 9 employees | $3.1M | 0.7 mi |
| NAPA Auto Parts Ada | $2.3M | 3.1 mi |
| COTTRELL'S GENUINE AUTOMOTIVE PARTS INC. Ada · 5 employees | $1.7M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $106K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $211K |
| Multiple for this size and industry | 2× |
| Value range | $111K – $289K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $69K – $120K |
| Industry (NAICS) | Automotive Parts, Accessories, and Tire Retailers (441320) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Ada Tire Center has been proudly serving the community since 1985, family owned and operated Leslie Penn offers his valued customers 32 years of experience in the tire and automotive service industry.”
Advisors
- BankingVision BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $39K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ada Tire Center
Ada Tire Center is a family-owned automotive parts, accessories, and tire retailers company in Ada, Oklahoma, in business since 1985. It is owned by Leslie Penn. Its estimated annual revenue is about $1.9M, with roughly $106K of EBITDA. It has about 4 employees. Its estimated business value is $211K (likely range $111K–$289K).
Common questions
- Who owns Ada Tire Center?
- Ada Tire Center is owned by Leslie Penn, according to public sources such as the company's website or filings.
- How much revenue does Ada Tire Center make?
- SeeBITDA estimates Ada Tire Center's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ada Tire Center worth?
- About $211K, roughly 2× its estimated EBITDA of $106K, typical for a automotive parts, accessories, and tire retailers company its size. Likely range: $111K–$289K.
- How many employees does Ada Tire Center have?
- About 4, as reported on its PPP loan.
- When was Ada Tire Center founded?
- Ada Tire Center has been in business since 1985.
- Is Ada Tire Center for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 41 years (since 1985); no family successor named on its website.