Car-Mart of Altus
How we got $964K
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 sells used vehicles with in-house financing and offers service contracts and vehicle repair claims. The Altus, OK location has been consolidated into its Lawton, OK location as of April 8, 2026, and the Altus location is permanently closed.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Good Sam · brand it sells or installs
- AAMCO · brand it sells or installs
- American Lube Fast · brand it sells or installs
- Fiat Chrysler Automobiles · brand it sells or installs
- Firestone · brand it sells or installs
- Grease Monkey Auto · brand it sells or installs
- Herbert Automotive · brand it sells or installs
- Jiffy Lube · brand it sells or installs
- Kwik Kar · brand it sells or installs
- Meineke · brand it sells or installs
- Minit Man · brand it sells or installs
- Monro · brand it sells or installs
- Pep Boys · brand it sells or installs
- Splash · brand it sells or installs
- Strickland Brothers · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Car-Mart of Altus this business | $9.1M | — |
| JOHNNY ROBERTS MOTORS, INC. Altus · 20 employees | $18.7M | 0.2 mi |
| Wilme's Pre Owned Autos Altus | $9.1M | 0.3 mi |
| Altus Factory Altus | $9.1M | 0.4 mi |
| WILMES CHEVROLET BUICK GMC INC. Altus · 55 employees | $33.1M | 0.5 mi |
| Rowland Motor Company Altus | $9.1M | 0.5 mi |
| Bar Circle W Sales Altus | $9.1M | 0.7 mi |
The full calculation
| Estimated value = EBITDA × typical sale multiple | $964K |
| Multiple for this size and industry | 2.4× |
| Value range | $224K – $4.2M |
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 | $2.7M – $32.9M |
| EBITDA range | $117K – $1.4M |
| 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 Altus
Car-Mart of Altus is a car dealers company in Altus, Oklahoma, in business since 1981. It is owned by Bill Fleeman (Founder). Its estimated annual revenue is about $9.1M, with roughly $402K of EBITDA. Its estimated business value is $964K (likely range $224K–$4.2M).
Common questions
- Who owns Car-Mart of Altus?
- Car-Mart of Altus 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 Altus make?
- SeeBITDA estimates Car-Mart of Altus's annual revenue at about $9.1M (likely between $2.7M and $32.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Car-Mart of Altus worth?
- About $964K, roughly 2.4× its estimated EBITDA of $402K, typical for a car dealers company its size. Likely range: $224K–$4.2M.
- When was Car-Mart of Altus founded?
- Car-Mart of Altus has been in business since 1981.
- Is Car-Mart of Altus 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.