Mustang Express Carwash, Inc
How we got $240K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MUSTANG EXPRESS CARWASH, INC this business | $450K | — |
| Tommy's Express Car Wash Mustang | $13.8M | 0.4 mi |
| Auto Logic Collision and Hail Repair Mustang | $1.4M | 0.5 mi |
| Odie's Paint and Collision Mustang | $1.4M | 0.6 mi |
| SMITTY'S AUTO REPAIR INC Mustang · 3 employees | $994K | 0.6 mi |
| K&M Tire Mustang | $1.4M | 0.6 mi |
| K&M Tire Mustang | $1.4M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $616K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $253K |
| Estimate: the two combined (geometric mean) | $450K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $73K |
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 | $240K |
| Multiple for this size and industry | 3.3× |
| Value range | $126K – $328K |
| Revenue range | $296K – $513K |
| EBITDA range | $48K – $83K |
| Industry (NAICS) | Car Washes (811192) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBank 7PPP / 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 Roles are as stated there and may be out of date.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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/8/2020 | first | $8K | 5 |
| 3/26/2021 | second | $10K | 4 |
About Mustang Express Carwash, Inc
Mustang Express Carwash, Inc is a car wash company in Mustang, Oklahoma. Its estimated annual revenue is about $450K, with roughly $73K of EBITDA. It has about 5 employees. Its estimated business value is $240K (likely range $126K–$328K).
Common questions
- Who owns Mustang Express Carwash, Inc?
- The owner of Mustang Express Carwash, 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 Mustang Express Carwash, Inc make?
- SeeBITDA estimates Mustang Express Carwash, Inc's annual revenue at about $450K (likely between $296K and $513K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mustang Express Carwash, Inc worth?
- About $240K, roughly 3.3× its estimated EBITDA of $73K, typical for a car wash company its size. Likely range: $126K–$328K.
- How many employees does Mustang Express Carwash, Inc have?
- About 5, as reported on its PPP loan.