Barnes Wrecker Service, Inc.
How we got $563K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 79 years (since 1947)
From public records and the company's website, not a statement that it's for sale.
What they do
Barnes Wrecker Service Inc. provides 24/7 towing, roadside assistance, impound services and vehicle auctions in Oklahoma City and Midwest City. It has served the area since 1947.
From the company's website. Industry: Motor Vehicle Towing.
Estimated value over time
▲ 35% 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
▲ 38% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 8 | $1.2M |
| 2024 | Form 5500 | 10 | $1.5M |
| 2025 | Form 5500 | 11 | $1.6M |
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 |
|---|---|---|
| BARNES WRECKER SERVICE, INC. this business | $1.8M | — |
| B&B TOWING SERVICE, LLC Oklahoma City · 1 employees | $414K | 3.9 mi |
| MBS TOWING INC Midwest City · 7 employees | $2.0M | 4.4 mi |
| YOUNGS TOWING Oklahoma City · 6 employees | $1.2M | 5.8 mi |
| CTC, INC Oklahoma City · 39 employees | $6.4M | 6.0 mi |
| SOUTHWEST LOGISTICS MANAGEMENT, INC. Oklahoma City · 5 employees | $1.8M | 6.0 mi |
| AAAA WRECKER SERVICE INC Oklahoma City · 20 employees | $4.2M | 6.4 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $217K |
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 | $563K |
| Multiple for this size and industry | 2.6× |
| Value range | $296K – $770K |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $142K – $247K |
| Industry (NAICS) | Motor Vehicle Towing (488410) |
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
“With a history dating back to 1947, Barnes Wrecker has been a trusted name in roadside assistance for generations.”
Advisors
- BankingJPMorgan Chase Bank, National AssociationPPP / 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
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $57K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Barnes Wrecker Service, Inc.
Barnes Wrecker Service, Inc. is a motor vehicle towing company in Midwest City, Oklahoma, in business since 1947. Its estimated annual revenue is about $1.8M, with roughly $217K of EBITDA. It has about 11 employees. Its estimated business value is $563K (likely range $296K–$770K).
Common questions
- Who owns Barnes Wrecker Service, Inc.?
- The owner of Barnes Wrecker Service, Inc. 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 Barnes Wrecker Service, Inc. make?
- SeeBITDA estimates Barnes Wrecker Service, Inc.'s annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Barnes Wrecker Service, Inc. worth?
- About $563K, roughly 2.6× its estimated EBITDA of $217K, typical for a motor vehicle towing company its size. Likely range: $296K–$770K.
- How many employees does Barnes Wrecker Service, Inc. have?
- About 11, from its 2025 retirement-plan filing.
- When was Barnes Wrecker Service, Inc. founded?
- Barnes Wrecker Service, Inc. has been in business since 1947.