Western Equipment
How we got $38.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 110 years (since 1916)
From public records and the company's website, not a statement that it's for sale.
What they do
Western Equipment Hobart is a John Deere equipment dealer in Hobart, Oklahoma, selling new and used equipment and providing service for farming and ranching customers. It is part of a family-owned business with locations across Texas, Oklahoma, and New Mexico.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- John Deere · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Western Equipment this business | $204.3M | — |
| John Deere Altus | $22.7M | 0.0 mi |
| Altus RV Center Altus | $22.7M | 0.1 mi |
| Billingsley Ford of Altus Altus | $22.7M | 0.3 mi |
| Four Stars Toyota Altus | $22.7M | 0.3 mi |
| ALTUS TYT LLC Altus · 30 employees | $39.8M | 0.3 mi |
| WILMES FORD LINCOLN INC Altus · 42 employees | $62.5M | 0.3 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 | $38.0M |
| Multiple for this size and industry | 5.2× |
| Value range | $4.7M – $86.5M |
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 | $31.3M – $387.3M |
| EBITDA range | $1.1M – $13.9M |
| 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
“In 1916, C.J. DeFehr saw a unique opportunity and opened a John Deere dealership to service the needs of local farmers in and around Corn, Oklahoma.”
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.
9 locations
| 3008 E Broadway St | Altus | This listing |
| 3126 College Blvd | Alva | View |
| 10036 US Highway 183 | Arapaho | View |
| 306 S Cimarron Ave | Boise City | View |
| 404 W Frisco | Clinton | View |
| 1108 NE 12th St | Guymon | View |
| 1029 E 11th St | Hobart | View |
| 4501 E Main | Weatherford | View |
| 3999 Lakeview Dr | Woodward | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Western Equipment
Western Equipment is a family-owned car dealers company in Altus, Oklahoma, in business since 1916. Its estimated annual revenue is about $204.3M, with roughly $7.3M of EBITDA. Its estimated business value is $38.0M (likely range $4.7M–$86.5M). It has 9 locations.
Common questions
- Who owns Western Equipment?
- The owner of Western Equipment 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 Western Equipment make?
- SeeBITDA estimates Western Equipment's annual revenue at about $204.3M (likely between $31.3M and $387.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Western Equipment worth?
- About $38.0M, roughly 5.2× its estimated EBITDA of $7.3M, typical for a car dealers company its size. Likely range: $4.7M–$86.5M.
- When was Western Equipment founded?
- Western Equipment has been in business since 1916.