SeeBITDAOklahoma

Carts and Parts Inc

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
New owners FY2023
Estimated valueMedium confidence
$7.2M
$4.3Mlikely range$11.3M
About 4.5× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$17.2M
a year
EBITDA
$1.6M
9% of revenue
Employees
44
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $7.2M

Based on 44 employees reported for PPP in 2020, grown 8% a year since.

44 employees (PPP loan, 2020)44
× 1.63 growth (8% a year since 2020)72 today
× $241K revenue per employee (commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance)$17.2M
× 9% EBITDA margin$1.6M
× 4.5 sale multiple = value$7.2M

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$4.2M$8.3M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 49 years (since 1977)
  • Changed hands recently (SBA-financed purchase, FY2023)

From public records and the company's website, not a statement that it's for sale.

What they do

Carts and Parts Inc sells new and used shopping carts, replacement parts, stock carts and backroom equipment, cart wipes, and maintenance services, serving retail stores. It describes itself as America's source for shopping carts and more since 1977.

Products & services
New Shopping CartsUsed Shopping CartsReplacement Parts for Shopping CartsShopping Cart WheelsStock CartsBackroom EquipmentCart CorralsGrocery Hand Baskets and AccessoriescartWipes CLEANElectric Shopping CartsPromo ProductsShopping Cart Repair
Markets served
retailsupermarket equipment
Service area
nationwideOklahoma

From the company's website. Industry: Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance.

Customers & suppliers

Customers

  • CBRE · named on its website
  • Lowe's Companies · named on its website
  • Adco Industries · named on its website

Suppliers & brands

  • Unarco Industries · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Grocery & convenience stores

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
CARTS AND PARTS INC
this business
$17.2M$1.6M—
PIRTEK
Oklahoma City
$2.0M$392K0.1 mi
WOODALL EQUIPMENT COMPANY
Oklahoma City · 4 employees
$1.6M$195K0.4 mi
Keco Inc
Oklahoma City
$1.8M$244K1.0 mi
Specialty Intermediates
Oklahoma City
$1.8M$244K1.5 mi
THE DANILUK CORPORATION
Oklahoma City · 21 employees
$8.2M$825K1.9 mi
ADVANCED PRESSURE, INC
Oklahoma City · 11 employees
$4.3M$491K2.1 mi

Ranges & sources

Revenue range$12.9M – $22.4M
EBITDA range$1.2M – $2.1M
Industry (NAICS)Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310)
Value range$4.3M – $11.3M

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

History & advisors

Founded 1977
“We have been America’s source for shopping carts and more since 1977.”

Advisors

  • BankingThe Citizens Bank of Edmond, Schertz Bank & TrustPPP / 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

Schertz Bank & Trust
7(a) 2023
View →
The Citizens Bank of Edmond
PPP 2020
All 502 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$394K$398K44The Citizens Bank of Edmond

Public records

SBA loans
Changed ownership (SBA-financed, FY2023)
Feb 20237(a)$1.1MSchertz Bank & Trust

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Carts and Parts Inc

Carts and Parts Inc is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Oklahoma City, Oklahoma, in business since 1977. Its estimated annual revenue is about $17.2M, with roughly $1.6M of EBITDA. It has about 44 employees. Its estimated business value is $7.2M (likely range $4.3M–$11.3M).

Common questions

Who owns Carts and Parts Inc?
The owner of Carts and Parts 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 Carts and Parts Inc make?
SeeBITDA estimates Carts and Parts Inc's annual revenue at about $17.2M (likely between $12.9M and $22.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Carts and Parts Inc worth?
About $7.2M, roughly 4.5× its estimated EBITDA of $1.6M, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $4.3M–$11.3M.
How many employees does Carts and Parts Inc have?
About 44, as reported on its PPP loan.
When was Carts and Parts Inc founded?
Carts and Parts Inc has been in business since 1977.