Carter Chevrolet Agency, Inc.
How we got $13.1M
Based on its 81 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- Federal Acquisition Service · federal contracts $161.7M
- Department of State · federal contracts $-42K
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 |
|---|---|---|
| CARTER CHEVROLET AGENCY, INC. this business | $83.3M | — |
| Trevor Sells Carter Okarche | $9.1M | 0.0 mi |
| OEM Systems Okarche | $9.1M | 0.4 mi |
| MAINER AUTO GROUP, LP Okarche · 32 employees | $36.3M | 1.0 mi |
| JACKSONS OF KINGFISHER Kingfisher · 25 employees | $21.4M | 7.6 mi |
| Jim Hickey Motors Hennessey | $9.1M | 7.7 mi |
| BOECKMAN FORD Kingfisher · 15 employees | $13.8M | 7.9 mi |
The full calculation
| Employees reported to the SBA | 81 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $75.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $91.6M |
| Estimate: the two combined (geometric mean) | $83.3M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $3.0M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 4% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $13.1M |
| Multiple for this size and industry | 4.4× |
| Value range | $7.9M – $20.5M |
| Revenue range | $62.5M – $108.3M |
| EBITDA range | $2.2M – $3.9M |
| 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
- BankingF & M 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
| F & M Bank PPP 2020 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.1M | 81 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Carter Chevrolet Agency, Inc.
Carter Chevrolet Agency, Inc. is a car dealers company in Okarche, Oklahoma, in business since 2008. Its estimated annual revenue is about $83.3M, with roughly $3.0M of EBITDA. It has about 81 employees. Its estimated business value is $13.1M (likely range $7.9M–$20.5M).
Common questions
- Who owns Carter Chevrolet Agency, Inc.?
- The owner of Carter Chevrolet Agency, 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 Carter Chevrolet Agency, Inc. make?
- SeeBITDA estimates Carter Chevrolet Agency, Inc.'s annual revenue at about $83.3M (likely between $62.5M and $108.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Carter Chevrolet Agency, Inc. worth?
- About $13.1M, roughly 4.4× its estimated EBITDA of $3.0M, typical for a car dealers company its size. Likely range: $7.9M–$20.5M.
- How many employees does Carter Chevrolet Agency, Inc. have?
- About 81, as reported on its PPP loan.
- When was Carter Chevrolet Agency, Inc. founded?
- Carter Chevrolet Agency, Inc. has been in business since 2008.