American Bus Sales, LLC
How we got $50.1M
Based on its 34 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
American Bus Sales, LLC sells new and pre-owned buses, including school buses, shuttles, coaches and vans, and offers parts, service, warranties, leasing and rentals. It says it serves schools, churches, nonprofits and commercial businesses.
From the company's website. Industry: Automobile and other motor vehicle merchant wholesalers.
Customers & suppliers
Customers
- Mercy Street · named on its website
Suppliers & brands
- Blue Bird · brand it sells or installs
- Chevy · brand it sells or installs
- Ford · brand it sells or installs
- Freightliner M2 · brand it sells or installs
- GMC · brand it sells or installs
- International · brand it sells or installs
- Mercedes-Benz · brand it sells or installs
- Thomas · brand it sells or installs
- Girardin · brand it sells or installs
- Collins · brand it sells or installs
- Grech · brand it sells or installs
- Minotour · brand it sells or installs
- Micro Bird · brand it sells or installs
- Sprinter · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- PERSIMMON RIDGE LLC · Tulsa, 15 mi · $116.9M
- COMMUNITY ACTION PROJECT OF TULSA COUNTY, INC. · Tulsa, 17 mi · $68.9M
- OKLAHOMA WESLEYAN UNIVERSITY, INC · Bartlesville, 27 mi · $32.2M
- HOLLAND HALL · Tulsa, 21 mi · $30.2M
- REJOICE CHRISTIAN SCHOOL · Owasso, 3 mi · $22.8M
- FOLDS OF HONOR FOUNDATION · Owasso, 5 mi · $75.9M
- ROMAN CATHOLIC DIOCESE OF TULSA · Broken Arrow, 21 mi · $67.1M
- WILLIE GEORGE MINISTRIES, INC · Tulsa, 12 mi · $58.5M
- VICTORY CHRISTIAN CENTER INC · Tulsa, 21 mi · $55.8M
- THE CHURCH AT BATTLECREEK INC. · Broken Arrow, 18 mi · $44.8M
Estimated value over time
▲ 26% 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.
Employees over time
▼ 59% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 34 | $37.3M |
| 2022 | Form 5500 | 13 | $14.3M |
| 2023 | Form 5500 | 16 | $17.6M |
| 2024 | Form 5500 | 14 | $15.4M |
| 2025 | Form 5500 | 14 | $15.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AMERICAN BUS SALES, LLC this business | $134.6M | — |
| LAMBERTS AUTO SALVAGE INC. Collinsville · 7 employees | $2.7M | 3.2 mi |
| KENNEY TOOLCO LLC Collinsville · 1 employees | $988K | 4.6 mi |
| MIDWESTERN SALVAGE, INC Tulsa · 20 employees | $8.8M | 10.6 mi |
| QUALITECH INC Tulsa · 4 employees | $4.6M | 11.1 mi |
| SPRENGER MOTORS LLC Tulsa · 1 employees | $4.8M | 11.2 mi |
| COOPER N JILL INC Tulsa · 9 employees | $37.2M | 11.4 mi |
The full calculation
| Employees reported to the SBA | 34 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $139.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $100.2M |
| Estimate: the two combined (geometric mean) | $134.6M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $8.1M |
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 | $50.1M |
| Multiple for this size and industry | 6.2× |
| Value range | $26.4M – $68.5M |
| Revenue range | $88.5M – $153.5M |
| EBITDA range | $5.3M – $9.2M |
| Industry (NAICS) | Automobile and other motor vehicle merchant wholesalers (423110) |
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
“Founded in 2004 and based just outside Tulsa, Oklahoma, American Bus Sales is a trusted provider of new and used school buses, shuttle buses, coaches, and vans for customers across the United States and North America.”
Leadership
- GLG. L.Ceo · From a web search · source
- GLGeorge LewisSigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- BankingThe Central Trust 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
| The Central Trust Bank PPP 2020, PPP 2021 | All 323 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 | $370K | 34 |
| 1/28/2021 | second | $296K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About American Bus Sales, LLC
American Bus Sales, LLC is an automobile and other motor vehicle merchant wholesalers company in Collinsville, Oklahoma, in business since 2004. Its estimated annual revenue is about $134.6M, with roughly $8.1M of EBITDA. It has about 14 employees. Its estimated business value is $50.1M (likely range $26.4M–$68.5M).
Common questions
- Who owns American Bus Sales, LLC?
- The owner of American Bus Sales, LLC 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 American Bus Sales, LLC make?
- SeeBITDA estimates American Bus Sales, LLC's annual revenue at about $134.6M (likely between $88.5M and $153.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Bus Sales, LLC worth?
- About $50.1M, roughly 6.2× its estimated EBITDA of $8.1M, typical for a automobile and other motor vehicle merchant wholesalers company its size. Likely range: $26.4M–$68.5M.
- How many employees does American Bus Sales, LLC have?
- About 14, from its 2025 retirement-plan filing.
- When was American Bus Sales, LLC founded?
- American Bus Sales, LLC has been in business since 2004.