Freddies Discount Tires Inc
How we got $481K
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% 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.
What we know
Signs of a sale Likely to sell
- In business 62 years (since 1964)
- Founder still runs it after 62 years
- Family in the business (Fred Ash, Founder)
From public records and the company's website, not a statement that it's for sale.
What they do
Freddie's Discount Tire is a family-owned full-service tire and auto repair shop in Oklahoma City, serving drivers in the Oklahoma City area and nearby communities.
From the company's website. Industry: Automotive Parts, Accessories, and Tire Retailers.
Customers & suppliers
Suppliers & brands
- BFGoodrich · brand it sells or installs
- Cooper · brand it sells or installs
- Falken · brand it sells or installs
- Hankook · brand it sells or installs
- Hercules · brand it sells or installs
- Ironman · brand it sells or installs
- Kenda · brand it sells or installs
- Michelin · brand it sells or installs
- Nexen · brand it sells or installs
- Nitto · brand it sells or installs
- Toyo · brand it sells or installs
- Yokohama · brand it sells or installs
- Goodyear · brand it sells or installs
- Moog · brand it sells or installs
- Monroe · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FREDDIES DISCOUNT TIRES INC this business | $4.8M | — |
| Cruiser Corps Oklahoma City | $2.3M | 0.5 mi |
| MR. PICKUP DISTRIBUTING, INC. Oklahoma City · 3 employees | $1.7M | 1.0 mi |
| A-Z COMPLETE AUTOMOTIVE & TIRE, LLC Oklahoma City · 13 employees | $5.4M | 1.1 mi |
| Reeves Chamois Oklahoma City | $2.3M | 1.1 mi |
| Hubcap World Oklahoma City | $1.4M | 1.1 mi |
| CUSTOM OFF-ROAD EQUIPMENT Oklahoma City · 4 employees | $2.4M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.5M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $241K |
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 | $481K |
| Multiple for this size and industry | 2× |
| Value range | $253K – $659K |
| Revenue range | $3.2M – $5.5M |
| EBITDA range | $158K – $274K |
| Industry (NAICS) | Automotive Parts, Accessories, and Tire Retailers (441320) |
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
“In 1964 after learning the tire and automotive business from his dad and working for another tire dealer for several years, Fred Ash started Freddies Tire Service in the backyard of the family home located at 11th and Blackwelder.”
Advisors
- BankingChickasaw Community 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
| Chickasaw Community Bank PPP 2020 | All 317 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $110K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Freddies Discount Tires Inc
Freddies Discount Tires Inc is a family-owned automotive parts, accessories, and tire retailers company in Oklahoma City, Oklahoma, in business since 1964. It is owned by Freddie Ash (Founder). Its estimated annual revenue is about $4.8M, with roughly $241K of EBITDA. It has about 15 employees. Its estimated business value is $481K (likely range $253K–$659K).
Common questions
- Who owns Freddies Discount Tires Inc?
- Freddies Discount Tires Inc is owned by Freddie Ash (Founder), according to public sources such as the company's website or filings.
- How much revenue does Freddies Discount Tires Inc make?
- SeeBITDA estimates Freddies Discount Tires Inc's annual revenue at about $4.8M (likely between $3.2M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Freddies Discount Tires Inc worth?
- About $481K, roughly 2× its estimated EBITDA of $241K, typical for a automotive parts, accessories, and tire retailers company its size. Likely range: $253K–$659K.
- How many employees does Freddies Discount Tires Inc have?
- About 15, as reported on its PPP loan.
- When was Freddies Discount Tires Inc founded?
- Freddies Discount Tires Inc has been in business since 1964.
- Is Freddies Discount Tires Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 62 years (since 1964); founder still runs it after 62 years; family in the business (fred ash, founder).