Boardwalk Motors Inc
How we got $11.0M
Based on its 44 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 19% 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 |
|---|---|---|
| BOARDWALK MOTORS INC this business | $61.2M | — |
| Fowler Volkswagen of Norman Service Center Norman | $22.7M | 0.0 mi |
| Cars by Kai Norman | $22.7M | 0.1 mi |
| Norman Hyundai Norman | $22.7M | 0.1 mi |
| Mazda USA Norman | $22.7M | 0.1 mi |
| Sell2Nelson Norman | $22.7M | 0.1 mi |
| AUTOMAX NORMAN, LLC Norman · 46 employees | $76.0M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 44 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $56.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $51.4M |
| Estimate: the two combined (geometric mean) | $61.2M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $2.5M |
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 | $11.0M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.8M – $15.1M |
| Revenue range | $40.3M – $69.8M |
| EBITDA range | $1.6M – $2.9M |
| Industry (NAICS) | New Car Dealers (441110) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $454K | 44 |
About Boardwalk Motors Inc
Boardwalk Motors Inc is a car dealers company in Norman, Oklahoma. Its estimated annual revenue is about $61.2M, with roughly $2.5M of EBITDA. It has about 44 employees. Its estimated business value is $11.0M (likely range $5.8M–$15.1M).
Common questions
- Who owns Boardwalk Motors Inc?
- The owner of Boardwalk Motors 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 Boardwalk Motors Inc make?
- SeeBITDA estimates Boardwalk Motors Inc's annual revenue at about $61.2M (likely between $40.3M and $69.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Boardwalk Motors Inc worth?
- About $11.0M, roughly 4.4× its estimated EBITDA of $2.5M, typical for a car dealers company its size. Likely range: $5.8M–$15.1M.
- How many employees does Boardwalk Motors Inc have?
- About 44, as reported on its PPP loan.