Platinum Ring Enterprises LLC
How we got $351K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 25% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PLATINUM RING ENTERPRISES LLC this business | $1.1M | — |
| Bethany Fast Lube Bethany | $1.4M | 0.1 mi |
| CASTROL PREMIUM LUBE EXPRESS LLC Bethany · 8 employees | $3.0M | 0.4 mi |
| JOHN'S AUTO SERVICE CENTER INC. Bethany · 8 employees | $1.9M | 0.6 mi |
| JOHNS AUTO SERVICE CENTER INC Bethany · 8 employees | $2.2M | 0.6 mi |
| MB DENT REPAIR, LLC Oklahoma City · 1 employees | $251K | 0.7 mi |
| Simmons Auto Services Bethany | $1.4M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $887K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $153K |
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 | $351K |
| Multiple for this size and industry | 2.3× |
| Value range | $185K – $481K |
| Revenue range | $728K – $1.3M |
| EBITDA range | $100K – $174K |
| Industry (NAICS) | Automotive Oil Change and Lubrication Shops (811191) |
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
- BankingFirst Bethany Bank & TrustPPP / 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 Roles are as stated there and may be out of date.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
| First Bethany Bank & Trust PPP 2020 | All 186 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $30K | 5 |
About Platinum Ring Enterprises LLC
Platinum Ring Enterprises LLC is an auto repair company in Bethany, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $153K of EBITDA. It has about 5 employees. Its estimated business value is $351K (likely range $185K–$481K).
Common questions
- Who owns Platinum Ring Enterprises LLC?
- The owner of Platinum Ring Enterprises LLC 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 Platinum Ring Enterprises LLC make?
- SeeBITDA estimates Platinum Ring Enterprises LLC's annual revenue at about $1.1M (likely between $728K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Platinum Ring Enterprises LLC worth?
- About $351K, roughly 2.3× its estimated EBITDA of $153K, typical for a auto repair company its size. Likely range: $185K–$481K.
- How many employees does Platinum Ring Enterprises LLC have?
- About 5, as reported on its PPP loan.