Car-Mart of Grove
How we got $3.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 45 years (since 1981)
- Founder still runs it after 45 years
From public records and the company's website, not a statement that it's for sale.
What they do
America's Car-Mart of Grove, OK is a used car dealership that sells hand-selected vehicles with financing options, offering service contracts and vehicle repair claims for its customers.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Good Sam · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Car-Mart of Grove this business | $22.7M | — |
| JEFF LUNGREN CHEVROLET, INC Grove · 27 employees | $38.0M | 0.1 mi |
| Delaware County Car Sales & Consignment Grove | $22.7M | 0.3 mi |
| Grand Power Sports Grove | $22.7M | 0.4 mi |
| Ingle Auto Grove | $22.7M | 0.7 mi |
| C Moore Cars Grove | $22.7M | 1.0 mi |
| Fat Dog Trailer Sales, Llc Grove | $22.7M | 1.6 mi |
The full calculation
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 | $3.0M |
| Multiple for this size and industry | 3× |
| Value range | $366K – $6.8M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Automobile dealers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (4%). Treat these as a rough guide.
| Revenue range | $3.5M – $43.0M |
| EBITDA range | $153K – $1.9M |
| Industry (NAICS) | Automobile dealers (4411) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
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 Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Car-Mart of Grove
Car-Mart of Grove is a car dealers company in Grove, Oklahoma, in business since 1981. It is owned by Bill Fleeman (Founder). Its estimated annual revenue is about $22.7M, with roughly $996K of EBITDA. Its estimated business value is $3.0M (likely range $366K–$6.8M).
Common questions
- Who owns Car-Mart of Grove?
- Car-Mart of Grove is owned by Bill Fleeman (Founder), according to public sources such as the company's website or filings.
- How much revenue does Car-Mart of Grove make?
- SeeBITDA estimates Car-Mart of Grove's annual revenue at about $22.7M (likely between $3.5M and $43.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Car-Mart of Grove worth?
- About $3.0M, roughly 3× its estimated EBITDA of $996K, typical for a car dealers company its size. Likely range: $366K–$6.8M.
- When was Car-Mart of Grove founded?
- Car-Mart of Grove has been in business since 1981.
- Is Car-Mart of Grove for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 45 years (since 1981); founder still runs it after 45 years.