SeeBITDAOklahoma

Racer's Storage

Lessors of Real Estate
  • 1220 NW 16th St, Newcastle, OK
  • Since 2020
  • NAICS 5311
Estimated valueLow confidence
$1.6M
$558Klikely range$2.8M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$1.7M
a year
Profit (EBITDA)
$547K
32% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $1.6M

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

A typical lessors of real estate business in Oklahoma$1.7M
Revenue$1.7M
× 32% profit margin$547K
× 3 sale multiple = value$1.6M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found

What they do

Racer Storage offers self storage units in Newcastle, OK, including boat and RV storage, for customers who want secure storage for items such as seasonal decor and family heirlooms.

Products & services
Self storage unitsEnclosed boat parkingFully-Enclosed RV ParkingRV storage
Markets served
RV storage

From the company's website. Industry: Lessors of Real Estate.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Warehousing & storage

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Racer's Storage
this business
$1.7M$547K—
MAJESTIC PINES WEDDINGVENUE INC
Newcastle · 3 employees
$1.3M$409K0.5 mi
Newcastle Rv Storage
Newcastle
$1.7M$547K0.7 mi
OAKWOOD PROPERTIES INC
Newcastle · 6 employees
$1.8M$509K1.7 mi
Riverside Boat & RV Storage
Newcastle
$1.7M$547K2.2 mi
A Safe Mini Storage
Newcastle
$8.6M$2.3M2.2 mi
Hwy 62 Self Storage
Newcastle
$1.7M$547K3.5 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$1.6M
Multiple for this size and industry3×
Value range$558K – $2.8M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Lessors of Real Estate businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (32%). Treat these as a rough guide.

Revenue range$728K – $2.4M
EBITDA range$232K – $770K
Industry (NAICS)Lessors of Real Estate (5311)

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 Racer's Storage

Racer's Storage is a lessors of real estate company in Newcastle, Oklahoma, in business since 2020. Its estimated annual revenue is about $1.7M, with roughly $547K of EBITDA. Its estimated business value is $1.6M (likely range $558K–$2.8M).

Common questions

Who owns Racer's Storage?
The owner of Racer's Storage 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 Racer's Storage make?
SeeBITDA estimates Racer's Storage's annual revenue at about $1.7M (likely between $728K and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Racer's Storage worth?
About $1.6M, roughly 3× its estimated EBITDA of $547K, typical for a lessors of real estate company its size. Likely range: $558K–$2.8M.
When was Racer's Storage founded?
Racer's Storage has been in business since 2020.