How we got $723K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 36 years (since 1990)
From public records and the company's website, not a statement that it's for sale.
What they do
E&R Boats Inc is a boat dealership in Oklahoma City, Oklahoma that sells used and new boats and offers financing and trade-ins.
From the company's website. Industry: Car dealers.
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 |
|---|---|---|
| E&R BOATS, INC this business | $6.9M | — |
| SOONER SCHOOTERS OF OKLAHOMA, LLC Oklahoma City · 3 employees | $3.1M | 1.8 mi |
| OKLAHOMA RV CENTER, LLC Moore · 19 employees | $17.3M | 2.8 mi |
| TERRY'S TRAILERS INC Oklahoma City · 3 employees | $3.3M | 3.1 mi |
| INNOVATIVE CYCLESPORTS LLC Moore · 5 employees | $4.0M | 3.1 mi |
| TYCOON MARINE, LLC Oklahoma City · 14 employees | $14.8M | 4.2 mi |
| BRIAN DAVIS ATV, INC Oklahoma City · 3 employees | $3.5M | 4.3 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.9M |
| Estimate: the two combined (geometric mean) | $6.9M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $301K |
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 | $723K |
| Multiple for this size and industry | 2.4× |
| Value range | $381K – $989K |
| Revenue range | $4.5M – $7.8M |
| EBITDA range | $198K – $344K |
| 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
History & advisors
“E & R Boats is a small family owned business founded in 1990, even though our boating roots date back to 1981.”
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
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $73K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About E&r Boats, Inc
E&r Boats, Inc is a family-owned car dealers company in Oklahoma City, Oklahoma, in business since 1990. Its estimated annual revenue is about $6.9M, with roughly $301K of EBITDA. It has about 9 employees. Its estimated business value is $723K (likely range $381K–$989K).
Common questions
- Who owns E&r Boats, Inc?
- The owner of E&r Boats, 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 E&r Boats, Inc make?
- SeeBITDA estimates E&r Boats, Inc's annual revenue at about $6.9M (likely between $4.5M and $7.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is E&r Boats, Inc worth?
- About $723K, roughly 2.4× its estimated EBITDA of $301K, typical for a car dealers company its size. Likely range: $381K–$989K.
- How many employees does E&r Boats, Inc have?
- About 9, as reported on its PPP loan.
- When was E&r Boats, Inc founded?
- E&r Boats, Inc has been in business since 1990.