High Gear Repair Inc
How we got $1.1M
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 Some signs of a sale
- In business 33 years (since 1993)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 57% 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 |
|---|---|---|
| HIGH GEAR REPAIR INC this business | $3.6M | — |
| Waters Wrecker Service Woodward | $1.4M | 2.4 mi |
| Jim's Auto Salvage & Wrecker Service Woodward | $1.4M | 2.4 mi |
| Goat Automotive LLC Woodward | $1.4M | 2.4 mi |
| NW Oklahoma Camper Connection LLC Woodward | $1.4M | 2.5 mi |
| MAIN STREET COLLISION CENTER & WRECKER SERVICE INC Woodward · 3 employees | $1.4M | 2.5 mi |
| Auto Medic Woodward | $1.4M | 2.6 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $3.6M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $411K |
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 | 2.7× |
| Value range | $585K – $1.5M |
| Revenue range | $2.4M – $4.1M |
| EBITDA range | $271K – $469K |
| Industry (NAICS) | General Automotive Repair (811111) |
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
Advisors
- BankingThe Stock Exchange 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 Roles are as stated there and may be out of date.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
| The Stock Exchange Bank PPP 2020, PPP 2021 | All 200 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $130K | 12 |
| 1/17/2021 | second | $114K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About High Gear Repair Inc
High Gear Repair Inc is an auto repair company in Woodward, Oklahoma, in business since 1993. Its estimated annual revenue is about $3.6M, with roughly $411K of EBITDA. It has about 12 employees. Its estimated business value is $1.1M (likely range $585K–$1.5M).
Common questions
- Who owns High Gear Repair Inc?
- The owner of High Gear Repair 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 High Gear Repair Inc make?
- SeeBITDA estimates High Gear Repair Inc's annual revenue at about $3.6M (likely between $2.4M and $4.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is High Gear Repair Inc worth?
- About $1.1M, roughly 2.7× its estimated EBITDA of $411K, typical for a auto repair company its size. Likely range: $585K–$1.5M.
- How many employees does High Gear Repair Inc have?
- About 12, as reported on its PPP loan.
- When was High Gear Repair Inc founded?
- High Gear Repair Inc has been in business since 1993.