Garage Innovations, Inc
How we got $601K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Garage Innovations, Inc. is a garage makeover company that installs custom garage interiors, including storage systems and epoxy floor coatings, for homeowners and commercial spaces across Oklahoma.
From the company's website. Industry: Home builders.
Estimated value over time
▲ 62% 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 |
|---|---|---|
| GARAGE INNOVATIONS, INC this business | $4.2M | — |
| CHRIS BURTON HOMES LLC Tulsa · 4 employees | $5.7M | 0.1 mi |
| JIM RACKLEFF CO. INC Tulsa · 2 employees | $1.7M | 0.3 mi |
| KELSEY COMPANY INC. Tulsa · 4 employees | $3.2M | 0.3 mi |
| BOBS HOME IMPROVEMENTS LLC Tulsa · 1 employees | $300K | 1.0 mi |
| PATIO ROOM DESIGN CENTER INC Tulsa · 7 employees | $2.8M | 1.3 mi |
| WALRATH CONSTRUCTION INC Tulsa · 1 employees | $382K | 1.3 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.4M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $261K |
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 | $601K |
| Multiple for this size and industry | 2.3× |
| Value range | $316K – $822K |
| Revenue range | $2.8M – $4.8M |
| EBITDA range | $172K – $298K |
| Industry (NAICS) | Residential Remodelers (236118) |
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
People & advisors
“Garage Innovations is locally owned and operated and we have been serving our native state of Oklahoma since 2004.”
Advisors
- BankingTriad Bank, National AssociationPPP / 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
| Triad Bank, National Association PPP 2020 | All 138 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 | $92K | 12 |
4 locations
| 8323 S MEMORIAL DR | Tulsa | This listing |
| 14000 N Santa Fe Ave | Edmond | View |
| 805 N Elm St | Jenks | View |
| 4560 W 57th St | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Garage Innovations, Inc
Garage Innovations, Inc is a home builders company in Tulsa, Oklahoma, in business since 2004. Its estimated annual revenue is about $4.2M, with roughly $261K of EBITDA. It has about 12 employees. Its estimated business value is $601K (likely range $316K–$822K). It has 4 locations.
Common questions
- Who owns Garage Innovations, Inc?
- The owner of Garage Innovations, Inc 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 Garage Innovations, Inc make?
- SeeBITDA estimates Garage Innovations, Inc's annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garage Innovations, Inc worth?
- About $601K, roughly 2.3× its estimated EBITDA of $261K, typical for a home builders company its size. Likely range: $316K–$822K.
- How many employees does Garage Innovations, Inc have?
- About 12, as reported on its PPP loan.
- When was Garage Innovations, Inc founded?
- Garage Innovations, Inc has been in business since 2004.