Consolidated Express Carriers Inc.
How we got $2.4M
Based on 12 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 18% since 2021Today'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 |
|---|---|---|
| CONSOLIDATED EXPRESS CARRIERS INC. this business | $5.7M | — |
| BOONE TRANSPORTATION INC Oklahoma City | $932K | 0.7 mi |
| JESMIN ENTERPRISES LLC Oklahoma City | $6.3M | 1.0 mi |
| PRECISION EXPRESS LTD COMPANY Warr Acres | $932K | 1.1 mi |
| ITS A FAMILY THING LLC Oklahoma City | $932K | 1.1 mi |
| ALL IN MEDICAL TRANSPORT SERVICES LLC Oklahoma City | $6.5M | 1.2 mi |
| AZEBAN LOGISTICS LLC Oklahoma City | $1.9M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Industry revenue per employee | $211K |
| Revenue = employees × revenue per employee | $5.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $750K |
| Cross-check: revenue implied by PPP payroll | $1.2M |
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 | $2.4M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.1M – $3.4M |
| Revenue range | $3.4M – $6.7M |
| EBITDA range | $443K – $887K |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Less Than Truckload (484122) |
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
History & advisors
Advisors
- BankingMidFirst BankPPP / 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2021 | first | $30K | 12 |
About Consolidated Express Carriers Inc.
Consolidated Express Carriers Inc. is a general freight trucking, long-distance, less than truckload company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $5.7M, with roughly $750K of EBITDA. It has about 12 employees. Its estimated business value is $2.4M (likely range $1.1M–$3.4M).
Common questions
- Who owns Consolidated Express Carriers Inc.?
- The owner of Consolidated Express Carriers 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 Consolidated Express Carriers Inc. make?
- SeeBITDA estimates Consolidated Express Carriers Inc.'s annual revenue at about $5.7M (likely between $3.4M and $6.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Consolidated Express Carriers Inc. worth?
- About $2.4M, roughly 3.2× its estimated EBITDA of $750K, typical for a general freight trucking, long-distance, less than truckload company its size. Likely range: $1.1M–$3.4M.
- How many employees does Consolidated Express Carriers Inc. have?
- About 12, as reported on its PPP loan.