Demmitt Marine, LLC
How we got $785K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| DEMMITT MARINE, LLC this business | $7.4M | — |
| RNC GOLF CART CO DBA BAKER GOLF CAR CO. Grove · 2 employees | $1.9M | 1.4 mi |
| THE GOLF CART GUYZ LLC Afton · 1 employees | $986K | 3.4 mi |
| DICK LANE'S OF GRAND LAKE, INC Afton · 14 employees | $14.7M | 9.8 mi |
| GRAND LAKE DETAIL, LLC Afton · 1 employees | $1.0M | 11.2 mi |
| STAC INC Ketchum · 3 employees | $2.2M | 13.9 mi |
| ARROWHEAD INV. & DEVL. CO DBA ARROWHEAD YACHT Ketchum | $82.9M | 14.4 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.9M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $327K |
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 | $785K |
| Multiple for this size and industry | 2.4× |
| Value range | $413K – $1.1M |
| Revenue range | $4.9M – $8.5M |
| EBITDA range | $215K – $373K |
| Industry (NAICS) | Boat Dealers (441222) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $55K | 10 |
About Demmitt Marine, LLC
Demmitt Marine, LLC is a car dealers company in Grove, Oklahoma. Its estimated annual revenue is about $7.4M, with roughly $327K of EBITDA. It has about 10 employees. Its estimated business value is $785K (likely range $413K–$1.1M).
Common questions
- Who owns Demmitt Marine, LLC?
- The owner of Demmitt Marine, LLC 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 Demmitt Marine, LLC make?
- SeeBITDA estimates Demmitt Marine, LLC's annual revenue at about $7.4M (likely between $4.9M and $8.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Demmitt Marine, LLC worth?
- About $785K, roughly 2.4× its estimated EBITDA of $327K, typical for a car dealers company its size. Likely range: $413K–$1.1M.
- How many employees does Demmitt Marine, LLC have?
- About 10, as reported on its PPP loan.