Asap Transit LLC
How we got $5.3M
Based on its 77 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 14% 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 |
|---|---|---|
| ASAP TRANSIT LLC this business | $12.1M | — |
| CROSS TIE TRUCKING LLC Oklahoma City | $1.4M | 0.1 mi |
| CORDOVA CONCRETE PUMPING SERVICE LLC Oklahoma City | $932K | 0.2 mi |
| GONZOS TRUCKING INC Oklahoma City · 7 employees | $2.3M | 0.3 mi |
| BIGGMAC TRANSIT LLC Oklahoma City | $10.5M | 0.3 mi |
| AMERICAN ACE OF OKLAHOMA INC Oklahoma City | $1.9M | 0.4 mi |
| KING TRUCK SERVICES INC Oklahoma City | $932K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 77 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.0M |
| Estimate: the two combined (geometric mean) | $12.1M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.3M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.8M – $7.3M |
| Revenue range | $8.0M – $13.8M |
| EBITDA range | $925K – $1.6M |
| Industry (NAICS) | General Freight Trucking, Local (484110) |
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
Advisors
- BankingNavy FCUPPP / 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 Roles are as stated there and may be out of date.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
| Navy FCU PPP 2020 | All 27 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $369K | 77 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Asap Transit LLC
Asap Transit LLC is a general freight trucking, local company in Oklahoma City, Oklahoma. It is owned by Alvin Chandler. Its estimated annual revenue is about $12.1M, with roughly $1.4M of EBITDA. It has about 77 employees. Its estimated business value is $5.3M (likely range $2.8M–$7.3M).
Common questions
- Who owns Asap Transit LLC?
- Asap Transit LLC is owned by Alvin Chandler, according to public sources such as the company's website or filings.
- How much revenue does Asap Transit LLC make?
- SeeBITDA estimates Asap Transit LLC's annual revenue at about $12.1M (likely between $8.0M and $13.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Asap Transit LLC worth?
- About $5.3M, roughly 3.8× its estimated EBITDA of $1.4M, typical for a general freight trucking, local company its size. Likely range: $2.8M–$7.3M.
- How many employees does Asap Transit LLC have?
- About 77, as reported on its PPP loan.