How we got $652K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- Changed hands recently (SBA-financed purchase, FY2026)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Carter Express this business | $5.2M | — |
| Phillips 66 Ardmore | $5.2M | 0.0 mi |
| HJ STUART INC Ardmore · 4 employees | $2.6M | 0.3 mi |
| STAR AUTOMOTIVE INC. Ardmore · 4 employees | $2.2M | 0.4 mi |
| Absolute Computers Ardmore | $1.5M | 0.4 mi |
| Four Kind Babes Ardmore | $1.7M | 0.4 mi |
| Hard To Find Liquor Store Ardmore | $3.0M | 0.4 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 | $652K |
| Multiple for this size and industry | 2.4× |
| Value range | $316K – $927K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (5%). Treat these as a rough guide.
| Revenue range | $3.1M – $6.1M |
| EBITDA range | $165K – $322K |
| Industry (NAICS) | Retail Trade (447) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
Advisors
- BankingOpen BankPPP / SBA lender
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 Roles are as stated there and may be out of date.
Banking relationships
| Open Bank 7(a) 2026 | All 5 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
Public records
| Jun 2026 | 7(a) | $2.8M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Carter Express
Carter Express is a retail trade company in Ardmore, Oklahoma. Its estimated annual revenue is about $5.2M, with roughly $272K of EBITDA. Its estimated business value is $652K (likely range $316K–$927K).
Common questions
- Who owns Carter Express?
- The owner of Carter Express 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 Carter Express make?
- SeeBITDA estimates Carter Express's annual revenue at about $5.2M (likely between $3.1M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Carter Express worth?
- About $652K, roughly 2.4× its estimated EBITDA of $272K, typical for a retail trade company its size. Likely range: $316K–$927K.