Carter County Hyundai LLC
How we got $6.0M
Based on its 31 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 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Carter County Hyundai is a Hyundai dealership in Ardmore, Oklahoma, offering new and pre-owned Hyundai vehicles, financing, and a service and parts department. It serves Hyundai owners and car shoppers looking for sedans, SUVs and other Hyundai models.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Hyundai · brand it sells or installs
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 COUNTY HYUNDAI LLC this business | $40.5M | — |
| Brad's Automotive Relationship Counselor Ardmore | $22.7M | 0.1 mi |
| HODGE, INC. Ardmore · 27 employees | $41.6M | 0.1 mi |
| OK Trailer Town Ardmore | $22.7M | 0.2 mi |
| Mayes Kia Ardmore | $22.7M | 0.3 mi |
| HOLIDAY HOLDINGS GROUP LLC Ardmore · 16 employees | $23.2M | 0.3 mi |
| Glen Rabe Motors Ardmore | $22.7M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 31 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $39.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $31.9M |
| Estimate: the two combined (geometric mean) | $40.5M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.7M |
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 | 3.6× |
| Value range | $3.1M – $8.2M |
| Revenue range | $26.6M – $46.2M |
| EBITDA range | $1.1M – $1.9M |
| 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
Leadership
- JBJames BollmanGeneral Manager · Company website · source
- AGAnthony GarrettFinance Director · Company website · source
- KMKevin MuncriefGeneral Sales Manager · Company website · source
- SRSteve RamseyParts Manager · Company website · source
- APAnthony PlunkService Writer · Company website · source
- DBDavin BollmanSales Associate · Company website · source
- KMKevin McgeeService Manager · Company website · source
- RWRandy WhiteSales Associate · Company website · source
- NANicole AtencioAdvertising · Company website · source
- TRTravis RomoSales Associate · Company website · source
- JTJoseph ThomasSales Associate · Company website · source
- JBJamacail BellardSales Associate · Company website · source
Advisors
- BankingFirst Oklahoma 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 Oklahoma Bank PPP 2020 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $282K | 31 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Carter County Hyundai LLC
Carter County Hyundai LLC is a car dealers company in Ardmore, Oklahoma, in business since 2010. Its estimated annual revenue is about $40.5M, with roughly $1.7M of EBITDA. It has about 31 employees. Its estimated business value is $6.0M (likely range $3.1M–$8.2M).
Common questions
- Who owns Carter County Hyundai LLC?
- The owner of Carter County Hyundai LLC 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 County Hyundai LLC make?
- SeeBITDA estimates Carter County Hyundai LLC's annual revenue at about $40.5M (likely between $26.6M and $46.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Carter County Hyundai LLC worth?
- About $6.0M, roughly 3.6× its estimated EBITDA of $1.7M, typical for a car dealers company its size. Likely range: $3.1M–$8.2M.
- How many employees does Carter County Hyundai LLC have?
- About 31, as reported on its PPP loan.
- When was Carter County Hyundai LLC founded?
- Carter County Hyundai LLC has been in business since 2010.