Pete Eischen Chevrolet
How we got $2.5M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 19% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 13 | $12.7M |
| 2020 | Form 5500 | 10 | $9.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PETE EISCHEN CHEVROLET this business | $20.3M | — |
| MERIT FAIRVIEW FORD LLC (FNA BYFORD-LENORMAN FAIRVIEW FORD L Fairview · 15 employees | $19.9M | 0.1 mi |
| Vinton Baker Ford, Inc. Fairview | $22.7M | 1.7 mi |
| Carsfromfairview Fairview | $22.7M | 1.7 mi |
| JENSENS INC Fairview · 14 employees | $15.1M | 1.8 mi |
| Dobrinski Chevrolet Inc Okeene | $22.7M | 14.6 mi |
| Car-Mart of Enid Enid | $22.7M | 31.0 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $21.5M |
| Estimate: the two combined (geometric mean) | $20.3M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $829K |
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 | $2.5M |
| Multiple for this size and industry | 3× |
| Value range | $1.3M – $3.4M |
| Revenue range | $13.3M – $23.1M |
| EBITDA range | $545K – $945K |
| Industry (NAICS) | New Car Dealers (441110) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingThe Farmers and Merchants National Bank of FairviewPPP / 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
| The Farmers and Merchants National Bank of Fairview PPP 2020, PPP 2021 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $168K | 13 |
| 1/16/2021 | second | $149K | 10 |
About Pete Eischen Chevrolet
Pete Eischen Chevrolet is a car dealers company in Fairview, Oklahoma. Its estimated annual revenue is about $20.3M, with roughly $829K of EBITDA. It has about 10 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Pete Eischen Chevrolet?
- The owner of Pete Eischen Chevrolet 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 Pete Eischen Chevrolet make?
- SeeBITDA estimates Pete Eischen Chevrolet's annual revenue at about $20.3M (likely between $13.3M and $23.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pete Eischen Chevrolet worth?
- About $2.5M, roughly 3× its estimated EBITDA of $829K, typical for a car dealers company its size. Likely range: $1.3M–$3.4M.
- How many employees does Pete Eischen Chevrolet have?
- About 10, from its 2020 retirement-plan filing.