SeeBITDAOklahoma

City Trailer Inc.

Other Support Activities for Road Transportation
  • 10220 W. Reno, Oklahoma City, OK
  • Since 2001
Estimated valueMedium confidence
$8.0M
$4.2Mlikely range$10.9M
About 4.7× its yearly profit, typical for a company this size in its industry.
Revenue
$19.2M
a year
Profit (EBITDA)
$1.7M
9% of revenue
Employees
58
reported in 2020
Richard Walker
Founder · source
Likely to sell

How we got $8.0M

Based on its 58 employees and its payroll, both reported for PPP in 2020 and brought up to date.

58 employees × $238K each$13.8M
PPP payroll ÷ payroll's usual share of revenue$20.5M
Shown toward the top of its range×1.14
Revenue$19.2M
× 9% profit margin$1.7M
× 4.7 sale multiple = value$8.0M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2022
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 25 years (since 2001)
  • Founder still runs it after 25 years
  • No family successor named on its website

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

What they do

City Trailer, now part of Pronoss, sells, services and supplies semi-trailers and related parts in Oklahoma City, and Pronoss also offers auto and truck collision repair. The pages describe serving Oklahoma City customers and trucks, trailers and specialty vehicles.

Products & services
Truck Collision RepairTrailer Collision RepairFrame Repair & AlignmentPainting, Decal & GraphicsTruck UpfittingMedium-Duty Truck Repair & ServiceHeavy-Duty Truck Repair & ServiceTrailer Repair & ServiceSpecialty TrailerFleet ServicesTarp Service, Repair & InstallationNew Trailers
Markets served
commercial fleetsfleet operatorsowner-operatorstruckstrailersspecialty vehicles
Service area
Oklahoma CityOKC metroOklahomanationwide
Certifications
Lifetime guarantee on qualifying repair work

From the company's website. Industry: Other Support Activities for Road Transportation.

Customers & suppliers

Suppliers & brands

  • Stoughton · brand it sells or installs
  • Great Dane · brand it sells or installs
  • Manac · brand it sells or installs
  • Vanguard · brand it sells or installs

Possible customers nearby

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

Trucking & freight

Estimated value over time

▲ 25% since 2020
$0$6.8M$13.6M2020202120222026

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

Employees over time

▲ 64% since 2020
01002002020202120225895
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan58$4.9M$429K
2021Form 550092$7.7M$680K
2022Form 550095$8.0M$702K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
CITY TRAILER INC.
this business
$19.2M$1.7M—
CITY TRAILER SECURE PARKING, LLC
Oklahoma City · 11 employees
$3.4M$405K0.0 mi
JIMFAM GLOBAL TRANSPORTATION CORP
Yukon · 7 employees
$1.4M$183K2.5 mi
YUKON TOWING LLC
Yukon · 8 employees
$2.1M$243K3.4 mi
MOOSE'S PILOT SERVICE LLC
Oklahoma City · 1 employees
$235K$36K4.0 mi
MICHAEL J COLLINS INC
Bethany · 5 employees
$1.0M$131K4.1 mi
ELAINE'S TRANSPORT COMPANY
Mustang · 8 employees
$2.0M$239K4.8 mi

The full calculation

Employees reported to the SBA58
Revenue from headcount (employees × revenue per employee for companies this size)$13.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$20.5M
Estimate: the two combined (geometric mean)$19.2M
EBITDA margin (industry, adjusted for size)9%
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$8.0M
Multiple for this size and industry4.7×
Value range$4.2M – $10.9M
Revenue range$12.6M – $21.9M
EBITDA range$1.1M – $1.9M
Industry (NAICS)Other Support Activities for Road Transportation (488490)

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

Founded 2001 by Richard Walker and Jim Crofford
“City Trailer was founded in 2001 by Richard Walker and Jim Crofford, who brought over 75 years of combined experience in the semi-trailer business.”

Leadership

  • JN
    Jake Nossaman
    New Owner · Company website · source
  • JW
    Jerry W Eaton
    Signed for the company · 2021 retirement-plan filing (Form 5500)

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$678K$686K58BancFirst

Public records

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

About City Trailer Inc.

City Trailer Inc. is an other support activities for road transportation company in Oklahoma City, Oklahoma, in business since 2001. It is owned by Richard Walker (Founder). Its estimated annual revenue is about $19.2M, with roughly $1.7M of EBITDA. It has about 95 employees. Its estimated business value is $8.0M (likely range $4.2M–$10.9M).

Common questions

Who owns City Trailer Inc.?
City Trailer Inc. is owned by Richard Walker (Founder), according to public sources such as the company's website or filings.
How much revenue does City Trailer Inc. make?
SeeBITDA estimates City Trailer Inc.'s annual revenue at about $19.2M (likely between $12.6M and $21.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is City Trailer Inc. worth?
About $8.0M, roughly 4.7× its estimated EBITDA of $1.7M, typical for a other support activities for road transportation company its size. Likely range: $4.2M–$10.9M.
How many employees does City Trailer Inc. have?
About 95, from its 2022 retirement-plan filing.
When was City Trailer Inc. founded?
City Trailer Inc. has been in business since 2001.
Is City Trailer Inc. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 25 years (since 2001); founder still runs it after 25 years; no family successor named on its website.