Carolina Glass Transportation & Logistics
How we got $6.0M
Based on its 51 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 22% 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 |
|---|---|---|
| CAROLINA GLASS TRANSPORTATION & LOGISTICS this business | $13.7M | — |
| ANYTIME MOVING LLC Tulsa · 8 employees | $1.7M | 2.1 mi |
| CARGO FORWARDING, INC. Tulsa · 3 employees | $1.1M | 2.1 mi |
| ANADARKO CRUDE, LLC Tulsa · 18 employees | $7.3M | 2.4 mi |
| RAM TRANSPORTATION LLC Tulsa · 12 employees | $4.5M | 2.7 mi |
| TMT OKLAHOMA, INC Tulsa · 72 employees | $12.0M | 3.1 mi |
| ROBBOB MOVING & STORAGE, L.L.C. Tulsa · 4 employees | $1.0M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 51 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.9M |
| Estimate: the two combined (geometric mean) | $13.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.6M |
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 | $6.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $3.2M – $8.3M |
| Revenue range | $9.0M – $15.6M |
| EBITDA range | $1.0M – $1.8M |
| Industry (NAICS) | Used household and office goods moving (484210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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 Pryority 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 Roles are as stated there and may be out of date.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 Pryority Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $883K | 51 |
About Carolina Glass Transportation & Logistics
Carolina Glass Transportation & Logistics is a moving companies company in Tulsa, Oklahoma. Its estimated annual revenue is about $13.7M, with roughly $1.6M of EBITDA. It has about 51 employees. Its estimated business value is $6.0M (likely range $3.2M–$8.3M).
Common questions
- Who owns Carolina Glass Transportation & Logistics?
- The owner of Carolina Glass Transportation & Logistics 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 Carolina Glass Transportation & Logistics make?
- SeeBITDA estimates Carolina Glass Transportation & Logistics's annual revenue at about $13.7M (likely between $9.0M and $15.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Carolina Glass Transportation & Logistics worth?
- About $6.0M, roughly 3.8× its estimated EBITDA of $1.6M, typical for a moving companies company its size. Likely range: $3.2M–$8.3M.
- How many employees does Carolina Glass Transportation & Logistics have?
- About 51, as reported on its PPP loan.