Adventure Enterprises
How we got $3.9M
Based on its 21 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 18% since 2021Today'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 |
|---|---|---|
| ADVENTURE ENTERPRISES this business | $8.9M | — |
| ADVERTURE ENTERPRISES, INC. Edmond · 27 employees | $5.7M | 0.0 mi |
| J ROSS TRUCKING INC Edmond | $932K | 0.2 mi |
| DANIEL G TRUCKING LLC Edmond | $932K | 0.2 mi |
| FIRST CLASS FREIGHT & LOGISTICS LLC Edmond | $2.5M | 0.3 mi |
| CROSS TIMBER SUPPLY LLC Edmond | $1.4M | 0.3 mi |
| R&L ONE DEGREE LTD Oklahoma City | $3.5M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $8.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.0M |
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 | $3.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.1M – $5.4M |
| Revenue range | $5.9M – $10.2M |
| EBITDA range | $681K – $1.2M |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Less Than Truckload (484122) |
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
History & advisors
Advisors
- BankingFrontier State 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 Roles are as stated there and may be out of date.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
| Frontier State Bank PPP 2021 | All 156 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/20/2021 | second | $269K | 21 |
2 locations
| 601 N Kelly Ave Ste 106 | Edmond | This listing |
| 624 N Virginia Dr | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About Adventure Enterprises
Adventure Enterprises is a general freight trucking, long-distance, less than truckload company in Edmond, Oklahoma. Its estimated annual revenue is about $8.9M, with roughly $1.0M of EBITDA. It has about 21 employees. Its estimated business value is $3.9M (likely range $2.1M–$5.4M). It has 2 locations.
Common questions
- Who owns Adventure Enterprises?
- The owner of Adventure Enterprises isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Adventure Enterprises make?
- SeeBITDA estimates Adventure Enterprises's annual revenue at about $8.9M (likely between $5.9M and $10.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Adventure Enterprises worth?
- About $3.9M, roughly 3.8× its estimated EBITDA of $1.0M, typical for a general freight trucking, long-distance, less than truckload company its size. Likely range: $2.1M–$5.4M.
- How many employees does Adventure Enterprises have?
- About 21, as reported on its PPP loan.