Freight Sharks, LLC
How we got $1.1M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 17% 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 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FREIGHT SHARKS, LLC this business | $2.9M | — |
| DMT TRUCKING INC Ponca City · 2 employees | $917K | 4.8 mi |
| CROSS TRANSPORTATION, LLC Ponca City · 10 employees | $9.1M | 6.2 mi |
| NEIGHBORS FARMS LLC Blackwell · 2 employees | $925K | 11.1 mi |
| BUTLER TRUCKING LLC Newkirk · 24 employees | $5.5M | 11.5 mi |
| BROWER SERVICES, LLC Newkirk · 7 employees | $2.3M | 12.7 mi |
| SILENT BLISS INC Newkirk · 8 employees | $2.0M | 13.0 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $414K |
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 | $1.1M |
| Multiple for this size and industry | 2.6× |
| Value range | $567K – $1.5M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $272K – $472K |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Local (484220) |
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
- BankingEquity 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 Roles are as stated there and may be out of date.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
| Equity Bank PPP 2020, PPP 2021 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $66K | 9 |
| 1/20/2021 | second | $66K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Freight Sharks, LLC
Freight Sharks, LLC is a specialized freight (except used goods) trucking, local company in Ponca City, Oklahoma, in business since 2008. It is owned by BRAD SCOTT. Its estimated annual revenue is about $2.9M, with roughly $414K of EBITDA. It has about 9 employees. Its estimated business value is $1.1M (likely range $567K–$1.5M).
Common questions
- Who owns Freight Sharks, LLC?
- Freight Sharks, LLC is owned by BRAD SCOTT, according to public sources such as the company's website or filings.
- How much revenue does Freight Sharks, LLC make?
- SeeBITDA estimates Freight Sharks, LLC's annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Freight Sharks, LLC worth?
- About $1.1M, roughly 2.6× its estimated EBITDA of $414K, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $567K–$1.5M.
- How many employees does Freight Sharks, LLC have?
- About 9, as reported on its PPP loan.
- When was Freight Sharks, LLC founded?
- Freight Sharks, LLC has been in business since 2008.