Freeman Driving School
How we got $539K
Based on 10 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Freeman Driving School is a family owned driving school offering driver's education classes, road tests, and private drives. It serves students in the Oklahoma City metro and surrounding cities.
From the company's website. Industry: Automobile Driving Schools.
Estimated value over time
▲ 13% 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 |
|---|---|---|
| FREEMAN DRIVING SCHOOL this business | $997K | — |
| JW2 ENTERPRISES LLC Moore · 1 employees | $250K | 0.5 mi |
| HAPPY HEARTS LEARNING CENTER LLC Oklahoma City · 11 employees | $1.3M | 1.0 mi |
| INFANT SWIM MOORE LLC Moore · 1 employees | $175K | 1.2 mi |
| DANCENTER BY LORI LLC Moore · 1 employees | $222K | 1.6 mi |
| ST. JOHNS LUTHERAN SCHOOL Moore · 13 employees | $1.2M | 2.0 mi |
| US CENTRAL TAEKWONDO ASSOCIATION Oklahoma City · 3 employees | $518K | 2.5 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Industry revenue per employee | $74K |
| Revenue = employees × revenue per employee | $997K |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $207K |
| Cross-check: revenue implied by PPP payroll | $259K |
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 | $539K |
| Multiple for this size and industry | 2.6× |
| Value range | $255K – $766K |
| Revenue range | $590K – $1.2M |
| EBITDA range | $123K – $245K |
| Industry (NAICS) | Automobile Driving Schools (611692) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2020, PPP 2021 | All 940 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 | $13K | 7 |
| 1/26/2021 | second | $13K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Freeman Driving School
Freeman Driving School is an automobile driving schools company in Moore, Oklahoma, in business since 2008. Its estimated annual revenue is about $997K, with roughly $207K of EBITDA. It has about 10 employees. Its estimated business value is $539K (likely range $255K–$766K).
Common questions
- Who owns Freeman Driving School?
- The owner of Freeman Driving School 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 Freeman Driving School make?
- SeeBITDA estimates Freeman Driving School's annual revenue at about $997K (likely between $590K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Freeman Driving School worth?
- About $539K, roughly 2.6× its estimated EBITDA of $207K, typical for a automobile driving schools company its size. Likely range: $255K–$766K.
- How many employees does Freeman Driving School have?
- About 10, as reported on its PPP loan.
- When was Freeman Driving School founded?
- Freeman Driving School has been in business since 2008.