Mills Body Shop, Inc.
How we got $710K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 39% 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 Some signs of a sale
- In business 57 years (since 1969)
From public records and the company's website, not a statement that it's for sale.
What they do
Mills Body Shop is a family-owned local business in Norman, OK, providing body repair and auto repair work since 1969 for the Norman community.
From the company's website. Industry: Auto repair.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MILLS BODY SHOP, INC. this business | $2.1M | — |
| Landers Collision & Glass of Norman Norman | $1.4M | 0.2 mi |
| Ron's Automotive Norman | $1.4M | 0.3 mi |
| RON WILKERSON INC. Norman · 13 employees | $3.7M | 0.3 mi |
| AUTO MAINTENANCE EXPERTS, INC. Norman · 5 employees | $1.6M | 0.3 mi |
| Midas Norman | $1.4M | 0.3 mi |
| Ok Fast Lube Norman | $1.4M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $263K |
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 | $710K |
| Multiple for this size and industry | 2.7× |
| Value range | $374K – $972K |
| Revenue range | $1.4M – $2.4M |
| EBITDA range | $173K – $300K |
| Industry (NAICS) | Automotive Body, Paint, and Interior Repair and Maintenance (811121) |
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
- BankingArmstrong 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $65K | 8 |
2 locations
| 1527 SW 24TH AVE | Norman | This listing |
| 1303 E Main St | Antlers | 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 Mills Body Shop, Inc.
Mills Body Shop, Inc. is an auto repair company in Norman, Oklahoma, in business since 1969. Its estimated annual revenue is about $2.1M, with roughly $263K of EBITDA. It has about 8 employees. Its estimated business value is $710K (likely range $374K–$972K). It has 2 locations.
Common questions
- Who owns Mills Body Shop, Inc.?
- The owner of Mills Body Shop, 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 Mills Body Shop, Inc. make?
- SeeBITDA estimates Mills Body Shop, Inc.'s annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mills Body Shop, Inc. worth?
- About $710K, roughly 2.7× its estimated EBITDA of $263K, typical for a auto repair company its size. Likely range: $374K–$972K.
- How many employees does Mills Body Shop, Inc. have?
- About 8, as reported on its PPP loan.
- When was Mills Body Shop, Inc. founded?
- Mills Body Shop, Inc. has been in business since 1969.