Brake Trucking, Inc.
How we got $5.0M
Based on its 35 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 32 years (since 1994)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 38% 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 |
|---|---|---|
| BRAKE TRUCKING, INC. this business | $11.2M | — |
| SHELBY GLASS LLC Vian | $932K | 3.4 mi |
| LOVEJOY LIVESTOCK LLC Vian | $932K | 3.5 mi |
| RICHARD SUMMERLIN TRUCKING LLC Gore · 1 employees | $636K | 9.3 mi |
| N8V CONSTRUCTION & LOGISTICS LLC Gore | $1.4M | 9.8 mi |
| PRECISION RESCUE LLP Gore | $2.5M | 10.8 mi |
| SONIC TOWING LLP Sallisaw | $932K | 11.0 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.6M |
| Estimate: the two combined (geometric mean) | $11.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.3M |
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 | $5.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.6M – $6.8M |
| Revenue range | $7.4M – $12.8M |
| EBITDA range | $858K – $1.5M |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Truckload (484121) |
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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank 504 2020, PPP 2020 | All 1,355 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 | $234K | 35 |
Public records
| Mar 2020 | 504 | $161K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Brake Trucking, Inc.
Brake Trucking, Inc. is a general freight trucking, long-distance, truckload company in Vian, Oklahoma, in business since 1994. It is owned by Harlan Brake (Key Principal). Its estimated annual revenue is about $11.2M, with roughly $1.3M of EBITDA. It has about 35 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Brake Trucking, Inc.?
- Brake Trucking, Inc. is owned by Harlan Brake (Key Principal), according to public sources such as the company's website or filings.
- How much revenue does Brake Trucking, Inc. make?
- SeeBITDA estimates Brake Trucking, Inc.'s annual revenue at about $11.2M (likely between $7.4M and $12.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Brake Trucking, Inc. worth?
- About $5.0M, roughly 3.8× its estimated EBITDA of $1.3M, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $2.6M–$6.8M.
- How many employees does Brake Trucking, Inc. have?
- About 35, as reported on its PPP loan.
- When was Brake Trucking, Inc. founded?
- Brake Trucking, Inc. has been in business since 1994.