Maxey's Cycle, Inc.
How we got $1.8M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 43% 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 |
|---|---|---|
| MAXEY'S CYCLE, INC. this business | $14.4M | — |
| HEARTLAND IT Bethany · 5 employees | $5.3M | 2.7 mi |
| DAVIDS SPORT CENTER, INC Oklahoma City · 25 employees | $21.1M | 2.8 mi |
| SOUTHERN WINGS AIRCRAFT SALES Oklahoma City · 2 employees | $2.0M | 3.3 mi |
| TL MOTORS, LLC Okc · 2 employees | $1.6M | 3.9 mi |
| EUROTEX MOTORS LLC Oklahoma City · 13 employees | $13.7M | 4.0 mi |
| HOK, INC. Oklahoma City · 8 employees | $9.1M | 4.0 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.7M |
| Estimate: the two combined (geometric mean) | $14.4M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $589K |
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 | $1.8M |
| Multiple for this size and industry | 3× |
| Value range | $929K – $2.4M |
| Revenue range | $9.5M – $16.4M |
| EBITDA range | $387K – $671K |
| Industry (NAICS) | Motorcycle, Boat, and Other Motor Vehicle Dealers (441228) |
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
- BankingFirst Enterprise Bank, BancFirstPPP / 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 Roles are as stated there and may be out of date.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 7(a) 2021 | All 7,048 borrowers → |
| First Enterprise Bank PPP 2020 | All 148 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $153K | 13 |
Public records
| Jul 2021 | 7(a) | $1.0M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Maxey's Cycle, Inc.
Maxey's Cycle, Inc. is a car dealers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $14.4M, with roughly $589K of EBITDA. It has about 13 employees. Its estimated business value is $1.8M (likely range $929K–$2.4M).
Common questions
- Who owns Maxey's Cycle, Inc.?
- The owner of Maxey's Cycle, 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 Maxey's Cycle, Inc. make?
- SeeBITDA estimates Maxey's Cycle, Inc.'s annual revenue at about $14.4M (likely between $9.5M and $16.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Maxey's Cycle, Inc. worth?
- About $1.8M, roughly 3× its estimated EBITDA of $589K, typical for a car dealers company its size. Likely range: $929K–$2.4M.
- How many employees does Maxey's Cycle, Inc. have?
- About 13, as reported on its PPP loan.