SeeBITDAOklahoma

Freddies Discount Tires Inc

Automotive Parts, Accessories, and Tire Retailers
  • 3104 W. Reno Ave., Oklahoma City, OK
  • Since 1964
  • Family-owned, 2nd generation
  • NAICS 441320
Estimated valueMedium confidence
$481K
$253Klikely range$659K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$4.8M
a year
Profit (EBITDA)
$241K
5% of revenue
Employees
15
reported in 2020
Leadership
Freddie Ash
Founder · source
Likely to sell

How we got $481K

Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.

15 employees × $262K each$3.9M
PPP payroll ÷ payroll's usual share of revenue$4.5M
Shown toward the top of its range×1.14
Revenue$4.8M
× 5% profit margin$241K
× 2 sale multiple = value$481K

· Own this business? Correct these figures

Estimated value over time

▲ 29% since 2020
$0$277K$554K20202026

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 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.

Products & services
TiresRimsAuto repairPassenger & Light Truck TiresWheel AlignmentsBrake RepairsCV and Drive AxlesSuspension, Shocks, & StrutsWheel Balancing & Tire ServicesOil changeTune-upFinancing
Service area
Oklahoma City, OKJones, OKBethany, OKDel City, OKEdmond, OKMoore, OKYukon, OKMcLoud, OK

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

BusinessEst. revenueEst. profitDistance
FREDDIES DISCOUNT TIRES INC
this business
$4.8M$241K—
Cruiser Corps
Oklahoma City
$2.3M$126K0.5 mi
MR. PICKUP DISTRIBUTING, INC.
Oklahoma City · 3 employees
$1.7M$94K1.0 mi
A-Z COMPLETE AUTOMOTIVE & TIRE, LLC
Oklahoma City · 13 employees
$5.4M$268K1.1 mi
Reeves Chamois
Oklahoma City
$2.3M$126K1.1 mi
Hubcap World
Oklahoma City
$1.4M$189K1.1 mi
CUSTOM OFF-ROAD EQUIPMENT
Oklahoma City · 4 employees
$2.4M$130K1.4 mi

The full calculation

Employees reported to the SBA15
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 industry2×
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

Founded 1964 by Fred AshFamily-owned · 2nd generation
“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

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$110K$111K15Chickasaw Community Bank

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).