Howerton Auto Sales & Service, Inc.
How we got $3.3M
Based on its 3 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 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
HOWERTON'S AUTO SALES is a specialty automotive shop in Stillwater, OK that sells used vehicles and offers service, financing and trade-ins. It serves local drivers who want vehicles that fit their lifestyle and budget.
From the company's website. Industry: Automobile and other motor vehicle merchant wholesalers.
Estimated value over time
▲ 26% 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 |
|---|---|---|
| HOWERTON AUTO SALES & SERVICE, INC. this business | $12.4M | — |
| AUTO DEFINITIONS, INC Stillwater · 4 employees | $2.9M | 1.6 mi |
| MULLINS METAL RECYCLING LLC Cushing · 9 employees | $3.4M | 26.2 mi |
| JGC SERVICES LLC Chandler · 1 employees | $5.5M | 33.6 mi |
| WILKINS OKLAHOMA TRUCK SUPPLY, INC. Tonkawa · 11 employees | $6.1M | 39.8 mi |
| BOB HURLEY DCJR Ponca City · 25 employees | $97.9M | 40.6 mi |
| DANIEL GARAGE DOORS, LLC Tonkawa · 1 employees | $2.9M | 41.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.6M |
| Estimate: the two combined (geometric mean) | $12.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $910K |
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 | $3.3M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.7M – $4.5M |
| Revenue range | $8.1M – $14.1M |
| EBITDA range | $599K – $1.0M |
| Industry (NAICS) | Automobile and other motor vehicle merchant wholesalers (423110) |
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
- BankingSimmons 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
| Simmons Bank PPP 2020, PPP 2021 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $35K | 3 |
| 1/28/2021 | second | $35K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Howerton Auto Sales & Service, Inc.
Howerton Auto Sales & Service, Inc. is an automobile and other motor vehicle merchant wholesalers company in Stillwater, Oklahoma, in business since 2002. Its estimated annual revenue is about $12.4M, with roughly $910K of EBITDA. It has about 3 employees. Its estimated business value is $3.3M (likely range $1.7M–$4.5M).
Common questions
- Who owns Howerton Auto Sales & Service, Inc.?
- The owner of Howerton Auto Sales & Service, 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 Howerton Auto Sales & Service, Inc. make?
- SeeBITDA estimates Howerton Auto Sales & Service, Inc.'s annual revenue at about $12.4M (likely between $8.1M and $14.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Howerton Auto Sales & Service, Inc. worth?
- About $3.3M, roughly 3.6× its estimated EBITDA of $910K, typical for a automobile and other motor vehicle merchant wholesalers company its size. Likely range: $1.7M–$4.5M.
- How many employees does Howerton Auto Sales & Service, Inc. have?
- About 3, as reported on its PPP loan.
- When was Howerton Auto Sales & Service, Inc. founded?
- Howerton Auto Sales & Service, Inc. has been in business since 2002.