Mike's Service Center Inc
How we got $506K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 35% 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
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
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 |
|---|---|---|
| MIKE'S SERVICE CENTER INC this business | $1.6M | — |
| WHITE'S GARAGE, INC. Durant · 2 employees | $634K | 2.4 mi |
| Sarge's Garage Durant | $1.4M | 3.2 mi |
| Cole's Wrecker Service Durant | $1.4M | 3.8 mi |
| Draggin’ Wagons Towing Durant | $1.4M | 4.7 mi |
| Yo Momma Towing Durant | $1.4M | 5.8 mi |
| R and M Towing Caddo | $1.4M | 15.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $195K |
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 | $506K |
| Multiple for this size and industry | 2.6× |
| Value range | $266K – $692K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $128K – $222K |
| Industry (NAICS) | Motor Vehicle Towing (488410) |
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
- BankingFirst Texoma National 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 Roles are as stated there and may be out of date.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
| First Texoma National Bank PPP 2020 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $42K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mike's Service Center Inc
Mike's Service Center Inc is a motor vehicle towing company in Durant, Oklahoma, in business since 2004. Its estimated annual revenue is about $1.6M, with roughly $195K of EBITDA. It has about 4 employees. Its estimated business value is $506K (likely range $266K–$692K).
Common questions
- Who owns Mike's Service Center Inc?
- The owner of Mike's Service Center 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 Mike's Service Center Inc make?
- SeeBITDA estimates Mike's Service Center Inc's annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mike's Service Center Inc worth?
- About $506K, roughly 2.6× its estimated EBITDA of $195K, typical for a motor vehicle towing company its size. Likely range: $266K–$692K.
- How many employees does Mike's Service Center Inc have?
- About 4, as reported on its PPP loan.
- When was Mike's Service Center Inc founded?
- Mike's Service Center Inc has been in business since 2004.