Iron Cross Automotive, Inc
How we got $6.0M
Based on its 91 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 31% 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
▼ 55% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 91 | $19.9M |
| 2020 | Form 5500 | 91 | $19.9M |
| 2021 | Form 5500 | 92 | $20.1M |
| 2022 | Form 5500 | 41 | $9.0M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 24 years (since 2002)
- Headcount down 55% since 2021 (retirement plan filings)
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 |
|---|---|---|
| IRON CROSS AUTOMOTIVE, INC this business | $40.7M | — |
| DANNY'S U PULL LLC Tulsa · 10 employees | $5.9M | 3.0 mi |
| Frailey's Discount Auto Parts Tulsa | $2.3M | 3.1 mi |
| Jacks Auto Supply Tulsa | $2.3M | 3.3 mi |
| Midwest Auto Parts Tulsa | $2.3M | 3.4 mi |
| AutoZone Tulsa | $2.3M | 3.5 mi |
| O'Reilly Auto Parts Tulsa | $2.3M | 3.6 mi |
The full calculation
| Employees reported to the SBA | 91 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $37.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $34.2M |
| Estimate: the two combined (geometric mean) | $40.7M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.7M |
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 | $6.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.1M – $8.2M |
| Revenue range | $26.7M – $46.4M |
| EBITDA range | $1.1M – $1.9M |
| Industry (NAICS) | Automotive Parts, Accessories, and Tire Retailers (441310) |
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
- BankingRegent Bank, International Bank of CommercePPP / 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
| International Bank of Commerce PPP 2021 | All 442 borrowers → |
| Regent Bank PPP 2020 | All 726 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $706K | 91 |
| 2/27/2021 | second | $728K | 91 |
3 locations
| 4942 66TH ST | Tulsa | This listing |
| 519 W Dewey Ave | Sapulpa | View |
| 9047 OK-66 | Sapulpa | 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 Iron Cross Automotive, Inc
Iron Cross Automotive, Inc is an automotive parts, accessories, and tire retailers company in Tulsa, Oklahoma, in business since 2002. Its estimated annual revenue is about $40.7M, with roughly $1.7M of EBITDA. It has about 41 employees. Its estimated business value is $6.0M (likely range $3.1M–$8.2M). It has 3 locations.
Common questions
- Who owns Iron Cross Automotive, Inc?
- The owner of Iron Cross Automotive, 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 Iron Cross Automotive, Inc make?
- SeeBITDA estimates Iron Cross Automotive, Inc's annual revenue at about $40.7M (likely between $26.7M and $46.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Iron Cross Automotive, Inc worth?
- About $6.0M, roughly 3.6× its estimated EBITDA of $1.7M, typical for a automotive parts, accessories, and tire retailers company its size. Likely range: $3.1M–$8.2M.
- How many employees does Iron Cross Automotive, Inc have?
- About 41, from its 2022 retirement-plan filing.
- When was Iron Cross Automotive, Inc founded?
- Iron Cross Automotive, Inc has been in business since 2002.