SeeBITDAOklahoma

Credit Union Lot - Secure Parking

Parking Lots and Garages
Estimated valueLow confidence
$449K
$132Klikely range$804K
About 2.1× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$214K
20% of revenue
Employees
—
not reported
Leadership
Brett Mathews
Founder · source · confirmed by 2 sources
High sell likelihood

How we got $449K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical parking lots and garages business in Oklahoma$1.1M
Revenue$1.1M
× 20% profit margin$214K
× 2.1 sale multiple = value$449K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale High sell likelihood

  • In business 47 years (since 1979)
  • Founder still runs it after 47 years
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Secure Parking USA operates parking locations, including Credit Union Lot in downtown Tulsa, offering hourly, monthly and multi-day parking for drivers.

Products & services
Hourly ParkingAll-Day ParkingOvernight ParkingEarly-Bird ParkingWeekend ParkingEvent ParkingMonthly PermitsMulti-Day PassStudent ParkingFleet ParkingPay by AppScan to Pay
Markets served
downtown workers
Service area
Tulsa, OKDowntown Tulsa

From the company's website. Industry: Parking Lots and Garages.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Credit Union Lot - Secure Parking
this business
$1.1M$214K—
THE BRADY HOTEL CENTER LLC
Tulsa · 25 employees
$3.2M$569K0.2 mi
FLECK LLC
Tulsa · 3 employees
$796K$156K0.3 mi
ANCHOR MAKER, LLC
Tulsa · 1 employees
$439K$101K0.3 mi
AMERICAN AUTO PARKS, LLC
Tulsa · 183 employees
$23.6M$3.1M0.3 mi
GRS METROPOLITAN PARKING CORPORATION
Tulsa · 3 employees
$718K$165K0.3 mi
Ambiance Matchmaking of Tulsa
Tulsa
$436K$100K0.4 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$449K
Multiple for this size and industry2.1×
Value range$132K – $804K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Parking Lots and Garages businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (20%). Treat these as a rough guide.

Revenue range$396K – $1.6M
EBITDA range$78K – $319K
Industry (NAICS)Parking Lots and Garages (812930)

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

History & advisors

Founded 1979 by Brett Mathews
“In 1979, when the company was founded, parking facilities were typically considered as commodities with little to distinguish one from another.”

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 Credit Union Lot - Secure Parking

Credit Union Lot - Secure Parking is a parking lots and garages company in Tulsa, Oklahoma, in business since 1979. It is owned by Brett Mathews (Founder). Its estimated annual revenue is about $1.1M, with roughly $214K of EBITDA. Its estimated business value is $449K (likely range $132K–$804K).

Common questions

Who owns Credit Union Lot - Secure Parking?
Credit Union Lot - Secure Parking is owned by Brett Mathews (Founder), according to public sources such as the company's website or filings.
How much revenue does Credit Union Lot - Secure Parking make?
SeeBITDA estimates Credit Union Lot - Secure Parking's annual revenue at about $1.1M (likely between $396K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Credit Union Lot - Secure Parking worth?
About $449K, roughly 2.1× its estimated EBITDA of $214K, typical for a parking lots and garages company its size. Likely range: $132K–$804K.
When was Credit Union Lot - Secure Parking founded?
Credit Union Lot - Secure Parking has been in business since 1979.
Is Credit Union Lot - Secure Parking for sale?
There's no public listing, but it shows signs that often come before a sale: in business 47 years (since 1979); founder still runs it after 47 years; no family successor named on its website.