Irwin Auto Co.
- Linsey KennedySigns company filings · Form 5500 (2021)
How we got $85.0M
Based on its 56 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▼ 93% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 56 | $61.4M |
| 2020 | Form 5500 | 24 | $26.3M |
| 2021 | Form 5500 | 31 | $34.0M |
| 2022 | Form 5500 | 4 | $4.4M |
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 Unlikely to sell soon
- Headcount down 87% 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 |
|---|---|---|
| IRWIN AUTO CO. this business | $199.4M | — |
| Mid-West Hose & Specialty Woodward | $9.6M | 0.2 mi |
| Blue Rhino Propane Exchange Woodward | $9.6M | 0.3 mi |
| Sally Beauty Woodward | $9.6M | 0.3 mi |
| BLACKLIST HOLDINGS LLC Woodward · 1 employees | $2.3M | 0.4 mi |
| Blue Rhino Propane Exchange Woodward | $9.6M | 0.6 mi |
| MJC INDUSTRIES, INC Woodward · 7 employees | $5.3M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 56 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $229.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $133.5M |
| Estimate: the two combined (geometric mean) | $199.4M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $12.0M |
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 | $85.0M |
| Multiple for this size and industry | 7.1× |
| Value range | $44.7M – $116.2M |
| Revenue range | $131.2M – $227.4M |
| EBITDA range | $7.9M – $13.6M |
| 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
History & advisors
Advisors
- BankingBancCentral, 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
| BancCentral, National Association PPP 2020, PPP 2021 | All 152 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 | $493K | 45 |
| 1/20/2021 | second | $469K | 56 |
2 locations
| 3425 WILLIAMS AVE | Woodward | This listing |
| 8313 Candlewood Dr | Oklahoma City | 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 Irwin Auto Co.
Irwin Auto Co. is an automobile and other motor vehicle merchant wholesalers company in Woodward, Oklahoma, in business since 2022. It is owned by Grant Irwin Sr. (Founding Owner). Its estimated annual revenue is about $199.4M, with roughly $12.0M of EBITDA. It has about 4 employees. Its estimated business value is $85.0M (likely range $44.7M–$116.2M). It has 2 locations.
Common questions
- Who owns Irwin Auto Co.?
- Irwin Auto Co. is owned by Grant Irwin Sr. (Founding Owner), according to public sources such as the company's website or filings.
- How much revenue does Irwin Auto Co. make?
- SeeBITDA estimates Irwin Auto Co.'s annual revenue at about $199.4M (likely between $131.2M and $227.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Irwin Auto Co. worth?
- About $85.0M, roughly 7.1× its estimated EBITDA of $12.0M, typical for a automobile and other motor vehicle merchant wholesalers company its size. Likely range: $44.7M–$116.2M.
- How many employees does Irwin Auto Co. have?
- About 4, from its 2022 retirement-plan filing.
- When was Irwin Auto Co. founded?
- Irwin Auto Co. has been in business since 2022.