Cherokee Motors L.L.C.
How we got $2.8M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| CHEROKEE MOTORS L.L.C. this business | $23.0M | — |
| Croft Country Chevrolet Service Alva | $22.7M | 0.0 mi |
| Mark Ream Motors Inc. Alva | $22.7M | 0.0 mi |
| John Deere Alva | $22.7M | 1.8 mi |
| Windy Ford Alva | $22.7M | 1.9 mi |
| WASHBURN MOTOR COMPANY, INC. Alva · 10 employees | $14.2M | 1.9 mi |
| Mark Towner Motors Alva | $22.7M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.0M |
| Estimate: the two combined (geometric mean) | $23.0M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $940K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.9M |
| Revenue range | $15.1M – $26.2M |
| EBITDA range | $618K – $1.1M |
| 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
- BankingNBC OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| NBC Oklahoma PPP 2020 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $188K | 15 |
About Cherokee Motors L.L.C.
Cherokee Motors L.L.C. is a car dealers company in Alva, Oklahoma. Its estimated annual revenue is about $23.0M, with roughly $940K of EBITDA. It has about 15 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).
Common questions
- Who owns Cherokee Motors L.L.C.?
- The owner of Cherokee Motors L.L.C. 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 Cherokee Motors L.L.C. make?
- SeeBITDA estimates Cherokee Motors L.L.C.'s annual revenue at about $23.0M (likely between $15.1M and $26.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cherokee Motors L.L.C. worth?
- About $2.8M, roughly 3× its estimated EBITDA of $940K, typical for a car dealers company its size. Likely range: $1.5M–$3.9M.
- How many employees does Cherokee Motors L.L.C. have?
- About 15, as reported on its PPP loan.