SeeBITDAOklahoma

Empire Truck Rebuilders, Inc.

  • 1201 West 41st Street, Tulsa, OK
  • Since 2007
  • Family-owned
  • NAICS 811121
Estimated valueMedium confidence
$476K
$250Klikely range$651K
About 2.3× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$1.7M
a year
EBITDA
$207K
12% of revenue
Employees
6
reported in 2020
Leadership
Keegan Holmes
Owner · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $476K

Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.

6 employees × $234K each$1.4M
PPP payroll ÷ payroll's usual share of revenue$1.5M
Shown toward the top of its range×1.14
Revenue$1.7M
× 12% EBITDA margin$207K
× 2.3 sale multiple = value$476K

Own this business? Correct these figures

Estimated value over time

▲ 39% since 2020
$0$273K$547K20202026

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 Unlikely to sell soon

  • In business 19 years (since 2007)

From public records and the company's website, not a statement that it's for sale.

What they do

Empire Truck Rebuilders is a truck repair, rebuild and custom show truck business in Tulsa, OK, serving the trucking industry for over 60 years. It repairs semi trucks, box trucks, vans, buses and other equipment, and builds custom show trucks.

Products & services
truck repairrebuildscustom show truckswreck repairpaint/decals/letteringsolid paint jobscustom paint jobsfull-body wrapscustom decalsstock decalsreflective decalscustom lettering
Markets served
trucking industrycommercial vehicles
Service area
Tulsa, OK

From the company's website. Industry: Auto repair.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Trucking & freight

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
EMPIRE TRUCK REBUILDERS, INC.
this business
$1.7M$207K—
Gate Services Inc
Tulsa
$1.4M$189K0.1 mi
B&L MUFFLER AND BRAKE INC
Tulsa · 2 employees
$465K$75K0.1 mi
BL918 AUTOMOTIVE & The Muffler Shop
Tulsa
$1.4M$189K0.1 mi
Tilt Mobile Mechanic
Tulsa
$1.4M$189K0.4 mi
Acme Co
Tulsa
$1.4M$189K0.4 mi
JD's Automotive Service
Tulsa
$1.4M$189K0.6 mi

Ranges & sources

Revenue range$1.1M – $1.9M
EBITDA range$136K – $236K
Industry (NAICS)Automotive Body, Paint, and Interior Repair and Maintenance (811121)
Value range$250K – $651K

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 by Andy BaumerFamily-owned
“Empire Truck Rebuilders, Inc. was formed in the Mid 50’s by the late Andy Baumer of Tulsa, OK.”

Advisors

  • BankingAmerican Heritage 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

American Heritage Bank
PPP 2020
All 446 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$54K$54K6American Heritage Bank

Public records

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

About Empire Truck Rebuilders, Inc.

Empire Truck Rebuilders, Inc. is a family-owned auto repair company in Tulsa, Oklahoma, in business since 2007. It is owned by Keegan Holmes. Its estimated annual revenue is about $1.7M, with roughly $207K of EBITDA. It has about 6 employees. Its estimated business value is $476K (likely range $250K–$651K).

Common questions

Who owns Empire Truck Rebuilders, Inc.?
Empire Truck Rebuilders, Inc. is owned by Keegan Holmes, according to public sources such as the company's website or filings.
How much revenue does Empire Truck Rebuilders, Inc. make?
SeeBITDA estimates Empire Truck Rebuilders, Inc.'s annual revenue at about $1.7M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Empire Truck Rebuilders, Inc. worth?
About $476K, roughly 2.3× its estimated EBITDA of $207K, typical for a auto repair company its size. Likely range: $250K–$651K.
How many employees does Empire Truck Rebuilders, Inc. have?
About 6, as reported on its PPP loan.
When was Empire Truck Rebuilders, Inc. founded?
Empire Truck Rebuilders, Inc. has been in business since 2007.