SeeBITDAOklahoma

Elite Fuel Services, LLC

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Estimated valueLow confidence
$256K
$135Klikely range$351K
About 2.4× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$2.6M
a year
EBITDA
$107K
4% of revenue
Employees
2
reported in 2020
Leadership
William G. Smith
Principal · source

How we got $256K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $17.5M each$34.9M
PPP payroll ÷ payroll's usual share of revenue$15.0M
Calibrated to real figures in its industry, shown toward the top of its range×0.11
Revenue$2.6M
× 4% EBITDA margin$107K
× 2.4 sale multiple = value$256K

Own this business? Correct these figures

Estimated value over time

▲ 23% since 2020
$0$147K$295K20202026

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. EBITDADistance
ELITE FUEL SERVICES, LLC
this business
$2.6M$107K—
WESTERN FUEL CO., LLC
Maysville · 3 employees
$4.8M$202K10.1 mi
NOBLE LIQUID PROPANE, INC
Noble · 1 employees
$2.0M$85K12.3 mi
P&C SERVICE INC.
Lindsay · 3 employees
$2.2M$92K15.6 mi
OKLAHOMA PUMP AND TANK, INC.
Norman · 6 employees
$3.2M$134K17.8 mi
LAWSON RETAIL OPERATION S LLC
Norman · 23 employees
$46.5M$1.7M21.0 mi
LAWSON RETAIL OPERATIONS
Norman · 51 employees
$103.1M$3.9M21.0 mi

Ranges & sources

Revenue range$1.7M – $2.9M
EBITDA range$70K – $122K
Industry (NAICS)Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720)
Value range$135K – $351K

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

  • BankingMcClain 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 Roles are as stated there and may be out of date.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

McClain Bank
PPP 2020
All 127 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$17K$18K2McClain Bank

Public records

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

About Elite Fuel Services, LLC

Elite Fuel Services, LLC is a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company in Purcell, Oklahoma. It is owned by William G. Smith (Principal). Its estimated annual revenue is about $2.6M, with roughly $107K of EBITDA. It has about 2 employees. Its estimated business value is $256K (likely range $135K–$351K).

Common questions

Who owns Elite Fuel Services, LLC?
Elite Fuel Services, LLC is owned by William G. Smith (Principal), according to public sources such as the company's website or filings.
How much revenue does Elite Fuel Services, LLC make?
SeeBITDA estimates Elite Fuel Services, LLC's annual revenue at about $2.6M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Elite Fuel Services, LLC worth?
About $256K, roughly 2.4× its estimated EBITDA of $107K, typical for a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company its size. Likely range: $135K–$351K.
How many employees does Elite Fuel Services, LLC have?
About 2, as reported on its PPP loan.