Casteel's Tire Barn, Inc.
How we got $631K
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 50 years (since 1976)
From public records and the company's website, not a statement that it's for sale.
What they do
Casteel's Tire Barn provides tires, wheels, and brake repair to customers in Durant, Calera, and Atoka, Oklahoma, and the surrounding Southern Oklahoma area, operating since 1976.
From the company's website. Industry: Automotive Parts, Accessories, and Tire Retailers.
Customers & suppliers
Suppliers & brands
- BFGoodrich · brand it sells or installs
- Bridgestone · brand it sells or installs
- Cooper · brand it sells or installs
- Firestone · brand it sells or installs
- Fuzion · brand it sells or installs
- Goodyear · brand it sells or installs
- Hankook · brand it sells or installs
- Kumho · brand it sells or installs
- Mastercraft · brand it sells or installs
- Michelin · brand it sells or installs
- Nitto · brand it sells or installs
- Sumitomo · brand it sells or installs
- Toyo · brand it sells or installs
- Uniroyal · brand it sells or installs
- Yokohama · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DALE BROWN, INC · Ardmore, 46 mi · $37.8M
- HOURGLASS TRANSPORT, LLC · Coleman, 18 mi · $23.4M
- A & J TRANSPORTATION, INC · Ada, 63 mi · $21.4M
- C D BROWN CONST INC · Sulphur, 48 mi · $20.3M
- ASPHALT EXPRESS ENTERPRISES, LLC · Ardmore, 47 mi · $18.7M
Estimated value over time
▲ 29% 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 |
|---|---|---|
| CASTEEL'S TIRE BARN, INC. this business | $5.3M | — |
| O'Reilly Auto Parts Durant | $2.3M | 0.1 mi |
| AutoZone Durant | $2.3M | 0.2 mi |
| Texoma 4x4 Durant | $2.3M | 0.4 mi |
| R & D Salvage Durant | $2.3M | 1.0 mi |
| DURANT DISCOUNT TIRE & SERVICE Durant · 8 employees | $2.7M | 1.4 mi |
| Davis Fleet Parts Durant | $2.3M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $5.3M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $263K |
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 | $631K |
| Multiple for this size and industry | 2.4× |
| Value range | $332K – $863K |
| Revenue range | $3.5M – $6.0M |
| EBITDA range | $173K – $300K |
| Industry (NAICS) | Automotive Parts, Accessories, and Tire Retailers (441320) |
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
“Since 1976, Casteel’s Tire has serviced the brake repair, tire, and wheel needs of customers throughout the Durant, OK area.”
Advisors
- BankingShamrock Bank, National AssociationPPP / 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
| Shamrock Bank, National Association PPP 2020 | All 130 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/7/2020 | first | $116K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Casteel's Tire Barn, Inc.
Casteel's Tire Barn, Inc. is an automotive parts, accessories, and tire retailers company in Durant, Oklahoma, in business since 1976. Its estimated annual revenue is about $5.3M, with roughly $263K of EBITDA. It has about 17 employees. Its estimated business value is $631K (likely range $332K–$863K).
Common questions
- Who owns Casteel's Tire Barn, Inc.?
- The owner of Casteel's Tire Barn, 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 Casteel's Tire Barn, Inc. make?
- SeeBITDA estimates Casteel's Tire Barn, Inc.'s annual revenue at about $5.3M (likely between $3.5M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Casteel's Tire Barn, Inc. worth?
- About $631K, roughly 2.4× its estimated EBITDA of $263K, typical for a automotive parts, accessories, and tire retailers company its size. Likely range: $332K–$863K.
- How many employees does Casteel's Tire Barn, Inc. have?
- About 17, as reported on its PPP loan.
- When was Casteel's Tire Barn, Inc. founded?
- Casteel's Tire Barn, Inc. has been in business since 1976.