Hudiburg Chevrolet, LLC
How we got $33.3M
Based on its 153 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
- Headcount down 82% since 2020 (retirement plan filings)
- Acquired by Cavender Auto Family (2022)
From public records and the company's website, not a statement that it's for sale.
Ownership & transactions
- Acquired by Cavender Auto Family · Dec 2022Cavender Auto Family of San Antonio bought Hudiburg Chevrolet in Midwest City, Oklahoma, on December 12, 2022.Source
Estimated value over time
▲ 19% 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.
Employees over time
▼ 69% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 153 | $149.2M |
| 2020 | Form 5500 | 271 | $264.3M |
| 2021 | Form 5500 | 245 | $239.0M |
| 2022 | Form 5500 | 36 | $35.1M |
| 2023 | Form 5500 | 45 | $43.9M |
| 2024 | Form 5500 | 48 | $46.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HUDIBURG CHEVROLET, LLC this business | $178.9M | — |
| CONFIDENCE CHEVROLET Midwest City | $9.1M | 0.0 mi |
| HUDIBURG BUICK-GMC LLC Oklahoma City · 52 employees | $48.7M | 0.1 mi |
| Convenience Chevrolet Midwest City | $9.1M | 0.1 mi |
| CARDINAL OKC INC Oklahoma City · 50 employees | $77.0M | 0.2 mi |
| JOE COOPER'S EASY CREDIT AUTO, LLC Oklahoma City · 34 employees | $31.4M | 0.3 mi |
| Oklahoma Motor Credit Co Midwest City | $9.1M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 153 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $150.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $212.3M |
| Estimate: the two combined (geometric mean) | $178.9M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $6.4M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 4% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $33.3M |
| Multiple for this size and industry | 5.2× |
| Value range | $20.0M – $52.0M |
| Revenue range | $134.2M – $232.6M |
| EBITDA range | $4.8M – $8.3M |
| Industry (NAICS) | New Car Dealers (441110) |
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
- AccountingLbmc, PCAudits its 401(k) plan (2024 filing)
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 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 | $2.8M | 153 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hudiburg Chevrolet, LLC
Hudiburg Chevrolet, LLC is a car dealers company in Midwest City, Oklahoma. Its estimated annual revenue is about $178.9M, with roughly $6.4M of EBITDA. It has about 48 employees. Its estimated business value is $33.3M (likely range $20.0M–$52.0M).
Common questions
- Who owns Hudiburg Chevrolet, LLC?
- The owner of Hudiburg Chevrolet, LLC 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 Hudiburg Chevrolet, LLC make?
- SeeBITDA estimates Hudiburg Chevrolet, LLC's annual revenue at about $178.9M (likely between $134.2M and $232.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hudiburg Chevrolet, LLC worth?
- About $33.3M, roughly 5.2× its estimated EBITDA of $6.4M, typical for a car dealers company its size. Likely range: $20.0M–$52.0M.
- How many employees does Hudiburg Chevrolet, LLC have?
- About 48, from its 2024 retirement-plan filing.