SeeBITDAOklahoma

Copan Truck Stop, Inc

Retail Trade
Estimated valueMedium confidence
$2.8M
$1.5Mlikely range$3.9M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$21.8M
a year
Profit (EBITDA)
$939K
4% of revenue
Employees
40
reported in 2020
Leadership
Jeremy Barnes
Owner · source

How we got $2.8M

Based on its 40 employees and its payroll, both reported for PPP in 2020 and brought up to date.

40 employees × $591K each$23.6M
PPP payroll ÷ payroll's usual share of revenue$15.5M
Shown toward the top of its range×1.14
Revenue$21.8M
× 4% profit margin$939K
× 3 sale multiple = value$2.8M

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$1.6M$3.2M20202026

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

What we know

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
COPAN TRUCK STOP, INC
this business
$21.8M$939K—
EN MASSE INC
Bartelesville · 4 employees
$4.5M$237K12.4 mi
WOODSHED OF SOUTH COFFEYVILLE LLC
S Coffeyville · 19 employees
$10.3M$474K17.3 mi
L&N ENTERPRISES, LLC
Nowata · 7 employees
$5.3M$281K20.7 mi
MONDAY'S STOP N SHOP INC
Ochelata · 10 employees
$7.2M$379K20.9 mi
MAHIN AND FARHAN LLC
Nowata · 6 employees
$3.6M$205K21.5 mi
WYNONA STOP BUY
Wynona · 1 employees
$819K$52K33.9 mi

The full calculation

Employees reported to the SBA40
Revenue from headcount (employees × revenue per employee for companies this size)$23.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$15.5M
Estimate: the two combined (geometric mean)$21.8M
EBITDA margin (industry, adjusted for size)4%
EBITDA = revenue × margin$939K

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 industry3×
Value range$1.5M – $3.9M
Revenue range$14.4M – $24.9M
EBITDA range$618K – $1.1M
Industry (NAICS)Retail Trade (447110)

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: approximate sector default. 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

  • BankingCommunity National Bank & Trust, Regent 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

Community National Bank & Trust
PPP 2020
All 49 borrowers →
Regent Bank
PPP 2021
All 726 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$131K$132K22Community National Bank & Trust
2/20/2021second$183K$184K40Regent Bank

Public records

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

About Copan Truck Stop, Inc

Copan Truck Stop, Inc is a retail trade company in Copan, Oklahoma. It is owned by Jeremy Barnes. Its estimated annual revenue is about $21.8M, with roughly $939K of EBITDA. It has about 40 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).

Common questions

Who owns Copan Truck Stop, Inc?
Copan Truck Stop, Inc is owned by Jeremy Barnes, according to public sources such as the company's website or filings.
How much revenue does Copan Truck Stop, Inc make?
SeeBITDA estimates Copan Truck Stop, Inc's annual revenue at about $21.8M (likely between $14.4M and $24.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Copan Truck Stop, Inc worth?
About $2.8M, roughly 3× its estimated EBITDA of $939K, typical for a retail trade company its size. Likely range: $1.5M–$3.9M.
How many employees does Copan Truck Stop, Inc have?
About 40, as reported on its PPP loan.