Norman Smith Auto Sales, L.L.C.
How we got $840K
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
▲ 20% 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 |
|---|---|---|
| NORMAN SMITH AUTO SALES, L.L.C. this business | $7.0M | — |
| ROADWAY AUTO SALES AND REPAIR INC Bethany · 2 employees | $3.5M | 0.0 mi |
| ROADWAY AUTO SALES & REPAIRS Bethany · 2 employees | $3.5M | 0.0 mi |
| Kars & Kars Sales & Leasing Bethany | $22.7M | 0.1 mi |
| Madison Motors Bethany | $22.7M | 0.1 mi |
| Magic Motor Bethany | $22.7M | 0.1 mi |
| T & D Motor Company, Inc. Bethany | $22.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $7.0M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $350K |
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 | $840K |
| Multiple for this size and industry | 2.4× |
| Value range | $442K – $1.1M |
| Revenue range | $4.6M – $8.0M |
| EBITDA range | $230K – $399K |
| Industry (NAICS) | Used Car Dealers (441120) |
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 Bethany Bank & TrustPPP / 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 Roles are as stated there and may be out of date.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 Bethany Bank & Trust PPP 2020, PPP 2021 | All 186 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $47K | 5 |
| 3/24/2021 | second | $31K | 4 |
About Norman Smith Auto Sales, L.L.C.
Norman Smith Auto Sales, L.L.C. is a car dealers company in Bethany, Oklahoma. Its estimated annual revenue is about $7.0M, with roughly $350K of EBITDA. It has about 5 employees. Its estimated business value is $840K (likely range $442K–$1.1M).
Common questions
- Who owns Norman Smith Auto Sales, L.L.C.?
- The owner of Norman Smith Auto Sales, L.L.C. 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 Norman Smith Auto Sales, L.L.C. make?
- SeeBITDA estimates Norman Smith Auto Sales, L.L.C.'s annual revenue at about $7.0M (likely between $4.6M and $8.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Norman Smith Auto Sales, L.L.C. worth?
- About $840K, roughly 2.4× its estimated EBITDA of $350K, typical for a car dealers company its size. Likely range: $442K–$1.1M.
- How many employees does Norman Smith Auto Sales, L.L.C. have?
- About 5, as reported on its PPP loan.