Car Source Inc
How we got $309K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 20% 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 |
|---|---|---|
| CAR SOURCE INC this business | $2.8M | — |
| Harley-Davidson World Oklahoma City | $22.7M | 0.1 mi |
| Livewire Oklahoma City Oklahoma City | $22.7M | 0.1 mi |
| Vin Auto Group Oklahoma City | $22.7M | 0.2 mi |
| F&B Autosales Oklahoma City | $22.7M | 0.2 mi |
| OK Work Trucks Oklahoma City | $22.7M | 0.4 mi |
| Golf Car Factory of Oklahoma Oklahoma City | $22.7M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $154K |
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 | $309K |
| Multiple for this size and industry | 2× |
| Value range | $162K – $422K |
| Revenue range | $1.9M – $3.2M |
| EBITDA range | $102K – $176K |
| Industry (NAICS) | Used Car Dealers (441120) |
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
- BankingFirst Fidelity 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 Roles are as stated there and may be out of date.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
| First Fidelity Bank PPP 2020, PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $12K | 2 |
| 2/1/2021 | second | $12K | 2 |
2 locations
| 6901 W RENO AVE | Oklahoma City | This listing |
| 4508 NW 39th St | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About Car Source Inc
Car Source Inc is a car dealers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $154K of EBITDA. It has about 2 employees. Its estimated business value is $309K (likely range $162K–$422K). It has 2 locations.
Common questions
- Who owns Car Source Inc?
- The owner of Car Source 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 Car Source Inc make?
- SeeBITDA estimates Car Source Inc's annual revenue at about $2.8M (likely between $1.9M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Car Source Inc worth?
- About $309K, roughly 2× its estimated EBITDA of $154K, typical for a car dealers company its size. Likely range: $162K–$422K.
- How many employees does Car Source Inc have?
- About 2, as reported on its PPP loan.