How we got $196K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 50% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MADDCO, INC. this business | $368K | — |
| SUPER KLEAN CAR WASH OKLAHOMA, LLC Owasso · 20 employees | $1.6M | 0.0 mi |
| SRD Composites Owasso | $1.4M | 2.3 mi |
| TRUE REFLECTIONS LLC Owasso · 4 employees | $1.1M | 2.3 mi |
| Kaliber Auto Detailing Owasso | $1.4M | 2.7 mi |
| Ashlock Truck Repair Catoosa | $1.4M | 3.0 mi |
| Semi Pro's, Inc Catoosa | $2.7M | 3.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $332K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $314K |
| Estimate: the two combined (geometric mean) | $368K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $59K |
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 | $196K |
| Multiple for this size and industry | 3.3× |
| Value range | $103K – $268K |
| Revenue range | $242K – $419K |
| EBITDA range | $39K – $68K |
| Industry (NAICS) | Car Washes (811192) |
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
- BankingThe Citizens 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 Roles are as stated there and may be out of date.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
| Citizens Bank PPP 2020 | All 22 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $9K | 2 |
About Maddco, Inc.
Maddco, Inc. is a car wash company in Owasso, Oklahoma. Its estimated annual revenue is about $368K, with roughly $59K of EBITDA. It has about 2 employees. Its estimated business value is $196K (likely range $103K–$268K).
Common questions
- Who owns Maddco, Inc.?
- The owner of Maddco, 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 Maddco, Inc. make?
- SeeBITDA estimates Maddco, Inc.'s annual revenue at about $368K (likely between $242K and $419K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Maddco, Inc. worth?
- About $196K, roughly 3.3× its estimated EBITDA of $59K, typical for a car wash company its size. Likely range: $103K–$268K.
- How many employees does Maddco, Inc. have?
- About 2, as reported on its PPP loan.