SeeBITDAOklahoma

Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L

  • 2204 Commerce St, Fairview, OK
  • Since 2020
Estimated valueMedium confidence
$2.4M
$1.3Mlikely range$3.3M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$19.9M
a year
Profit (EBITDA)
$814K
4% of revenue
Employees
15
reported in 2021
Owner not found yet
We haven't found the owner in public records

How we got $2.4M

Based on its 15 employees and its payroll, both reported for PPP in 2021 and brought up to date.

15 employees × $1.1M each$16.9M
PPP payroll ÷ payroll's usual share of revenue$18.0M
Shown toward the top of its range×1.14
Revenue$19.9M
× 4% profit margin$814K
× 3 sale multiple = value$2.4M

· Own this business? Correct these figures

What we know

PPP loan, 2021
No 401(k) filing
No reported financials
Company website
Owner not found

Estimated value over time

▲ 14% since 2021
$0$1.4M$2.8M20212026

Today'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

BusinessEst. revenueEst. profitDistance
MERIT FAIRVIEW FORD LLC (FNA BYFORD-LENORMAN FAIRVIEW FORD L
this business
$19.9M$814K—
PETE EISCHEN CHEVROLET
Fairview · 13 employees
$20.3M$829K0.1 mi
Vinton Baker Ford, Inc.
Fairview
$22.7M$997K1.7 mi
Carsfromfairview
Fairview
$22.7M$997K1.7 mi
JENSENS INC
Fairview · 14 employees
$15.1M$663K1.8 mi
Dobrinski Chevrolet Inc
Okeene
$22.7M$997K14.6 mi
Car-Mart of Enid
Enid
$22.7M$997K30.8 mi

The full calculation

Employees reported to the SBA15
Revenue from headcount (employees × revenue per employee for companies this size)$16.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$18.0M
Estimate: the two combined (geometric mean)$19.9M
EBITDA margin (industry, adjusted for size)4%
EBITDA = revenue × margin$814K

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$2.4M
Multiple for this size and industry3×
Value range$1.3M – $3.3M
Revenue range$13.1M – $22.7M
EBITDA range$535K – $928K
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

  • BankingCommunity National Bank of OkarchePPP / 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

Community National Bank of Okarche
PPP 2021
All 63 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
2/17/2021second$141K$142K15Community National Bank of Okarche

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L

Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L is a car dealers company in Fairview, Oklahoma, in business since 2020. Its estimated annual revenue is about $19.9M, with roughly $814K of EBITDA. It has about 15 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).

Common questions

Who owns Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L?
The owner of Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L 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 Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L make?
SeeBITDA estimates Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L's annual revenue at about $19.9M (likely between $13.1M and $22.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L worth?
About $2.4M, roughly 3× its estimated EBITDA of $814K, typical for a car dealers company its size. Likely range: $1.3M–$3.3M.
How many employees does Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L have?
About 15, as reported on its PPP loan.
When was Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L founded?
Merit Fairview Ford LLC (fna Byford-Lenorman Fairview Ford L has been in business since 2020.