Charley's Golf Cars, Inc.
How we got $1.1M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 21% 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 |
|---|---|---|
| CHARLEY'S GOLF CARS, INC. this business | $4.5M | — |
| JW OILFIELD EQUIPMENT LLC Oklahoma City · 4 employees | $5.1M | 3.1 mi |
| SUMMIT SUPPLY INC. Oklahoma City · 10 employees | $11.9M | 3.1 mi |
| THE PUMP & EQUIPMENT COMPANY, INC Oklahoma City · 6 employees | $5.5M | 3.1 mi |
| SPICER & SANDBURG, INC. Oklahoma City · 9 employees | $10.3M | 3.2 mi |
| RICHARDT DISTRIBUTORS INC Oklahoma City · 13 employees | $19.7M | 3.3 mi |
| RICHART DISTRIBUTORS INC. Oklahoma City · 13 employees | $19.6M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $376K |
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 | $1.1M |
| Multiple for this size and industry | 2.9× |
| Value range | $574K – $1.5M |
| Revenue range | $3.0M – $5.1M |
| EBITDA range | $248K – $429K |
| Industry (NAICS) | Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers (423860) |
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 United Bank and Trust CompanyPPP / 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 United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 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 | $25K | 3 |
| 3/20/2021 | second | $34K | 6 |
About Charley's Golf Cars, Inc.
Charley's Golf Cars, Inc. is a transportation equipment and supplies (except motor vehicle) merchant wholesalers company in Del City, Oklahoma. Its estimated annual revenue is about $4.5M, with roughly $376K of EBITDA. It has about 6 employees. Its estimated business value is $1.1M (likely range $574K–$1.5M).
Common questions
- Who owns Charley's Golf Cars, Inc.?
- The owner of Charley's Golf Cars, 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 Charley's Golf Cars, Inc. make?
- SeeBITDA estimates Charley's Golf Cars, Inc.'s annual revenue at about $4.5M (likely between $3.0M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Charley's Golf Cars, Inc. worth?
- About $1.1M, roughly 2.9× its estimated EBITDA of $376K, typical for a transportation equipment and supplies (except motor vehicle) merchant wholesalers company its size. Likely range: $574K–$1.5M.
- How many employees does Charley's Golf Cars, Inc. have?
- About 6, as reported on its PPP loan.