Chads Custom Carts LLC
How we got $3.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Chads Custom Carts LLC sells used and inventory golf carts and shop products for customizing golf carts, and offers battery, wheel, tire and maintenance services for golf carts in Edmond, OK.
From the company's website. Industry: Car dealers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Chads Custom Carts LLC this business | $22.7M | — |
| Boots Used Cars LLC Edmond | $22.7M | 0.3 mi |
| BOB MOORE PA LLC Edmond · 38 employees | $59.8M | 1.0 mi |
| Maximum Motors Edmond | $22.7M | 1.0 mi |
| Miscellaneous Motors Edmond | $22.7M | 1.3 mi |
| Auto Tinder Edmond | $22.7M | 1.4 mi |
| Dream Motor Cars Edmond | $22.7M | 1.8 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 | $367K – $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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Chads Custom Carts LLC
Chads Custom Carts LLC is a car dealers company in Edmond, Oklahoma, in business since 2023. It is owned by Chad Thorp (Sole Principal). Its estimated annual revenue is about $22.7M, with roughly $997K of EBITDA. Its estimated business value is $3.0M (likely range $367K–$6.8M).
Common questions
- Who owns Chads Custom Carts LLC?
- Chads Custom Carts LLC is owned by Chad Thorp (Sole Principal), according to public sources such as the company's website or filings.
- How much revenue does Chads Custom Carts LLC make?
- SeeBITDA estimates Chads Custom Carts LLC'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 Chads Custom Carts LLC worth?
- About $3.0M, roughly 3× its estimated EBITDA of $997K, typical for a car dealers company its size. Likely range: $367K–$6.8M.
- When was Chads Custom Carts LLC founded?
- Chads Custom Carts LLC has been in business since 2023.