SeeBITDAOklahoma

Delco Diesel Services, Inc.

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Estimated valueMedium confidence
$2.6M
$1.4Mlikely range$3.6M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$6.0M
a year
Profit (EBITDA)
$684K
11% of revenue
Employees
17
reported in 2020
Leadership
David Lanham
Owner · source · confirmed by 2 sources
Likely to sell

How we got $2.6M

Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.

17 employees × $311K each$5.3M
PPP payroll ÷ payroll's usual share of revenue$5.3M
Shown toward the top of its range×1.14
Revenue$6.0M
× 11% profit margin$684K
× 3.8 sale multiple = value$2.6M

· Own this business? Correct these figures

Estimated value over time

▲ 18% since 2020
$0$1.5M$3.0M20202026

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
Company website
Owner named

Signs of a sale Likely to sell

  • In business 50 years (since 1976)
  • 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

Delco Diesel Services, Inc. in Oklahoma City is a factory authorized service dealer for diesel fuel injection equipment, serving diesel engine owners and mechanics; it also sells tools and equipment through Delco Tools & Equipment.

Products & services
Diesel injection serviceDiesel injection pump repair serviceInjector testingDiesel fuel injection pumps & partsDiesel injectorsTurbochargers & performanceDiesel filtration systemsProfessional mechanics toolsDiagnostic equipmentRefrigerant recycling equipmentAir compressorsAutomotive lifts
Service area
OklahomaCentral and Western OklahomaNormanEdmondMooreStillwaterGuthrieMidwest City
Certifications
Factory authorized service dealerAuthorized Bosch Diesel Service CenterAC-DELCO service centerAuthorized Jasper and Reviva engine and transmission dealer and installer

From the company's website. Industry: Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance.

Customers & suppliers

Suppliers & brands

  • Stanadyne · brand it sells or installs
  • Robert Bosch · brand it sells or installs
  • AMBAC · brand it sells or installs
  • Delphi · brand it sells or installs
  • Denso · brand it sells or installs
  • Yanmar · brand it sells or installs
  • Zexel · brand it sells or installs
  • Alliant Power · brand it sells or installs
  • Prodiesel · brand it sells or installs
  • Motorpal · brand it sells or installs
  • Governors America Corp · brand it sells or installs
  • Robinair · brand it sells or installs
  • AC-DELCO · brand it sells or installs
  • Jasper · brand it sells or installs
  • Reviva · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
DELCO DIESEL SERVICES, INC.
this business
$6.0M$684K—
BILL'S WELDING EQUIPMENT REPAIR, INC.
Oklahoma City · 8 employees
$1.9M$241K0.4 mi
Airgas
Oklahoma City
$1.8M$244K0.8 mi
HYDRAULIC EQUIPMENT COMPANY INC.
Oklahoma City · 4 employees
$1.1M$154K0.9 mi
Diversified Plating Ltd
Oklahoma City
$1.8M$244K0.9 mi
ICE MACHINES PLUS LLC
Oklahoma City · 1 employees
$591K$96K1.1 mi
Ritz Safety
Oklahoma City
$1.8M$244K2.5 mi

The full calculation

Employees reported to the SBA17
Revenue from headcount (employees × revenue per employee for companies this size)$5.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$5.3M
Estimate: the two combined (geometric mean)$6.0M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$684K

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$2.6M
Multiple for this size and industry3.8×
Value range$1.4M – $3.6M
Revenue range$4.0M – $6.9M
EBITDA range$450K – $780K
Industry (NAICS)Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310)

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

Founded 1976

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
All 2,229 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$156K$158K17First United Bank and Trust Company

Public records

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

About Delco Diesel Services, Inc.

Delco Diesel Services, Inc. is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Oklahoma City, Oklahoma, in business since 1976. It is owned by David Lanham. Its estimated annual revenue is about $6.0M, with roughly $684K of EBITDA. It has about 17 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.6M).

Common questions

Who owns Delco Diesel Services, Inc.?
Delco Diesel Services, Inc. is owned by David Lanham, according to public sources such as the company's website or filings.
How much revenue does Delco Diesel Services, Inc. make?
SeeBITDA estimates Delco Diesel Services, Inc.'s annual revenue at about $6.0M (likely between $4.0M and $6.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Delco Diesel Services, Inc. worth?
About $2.6M, roughly 3.8× its estimated EBITDA of $684K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $1.4M–$3.6M.
How many employees does Delco Diesel Services, Inc. have?
About 17, as reported on its PPP loan.
When was Delco Diesel Services, Inc. founded?
Delco Diesel Services, Inc. has been in business since 1976.
Is Delco Diesel Services, Inc. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 50 years (since 1976); no family successor named on its website.