Ray Hibdon's Car Choice LLC
How we got $738K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 15% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RAY HIBDON'S CAR CHOICE LLC this business | $6.2M | — |
| RAY HIBDON'S CARCHOICE, L.L.C. Oklahoma City · 3 employees | $6.5M | 0.0 mi |
| Aldana's Auto Sales Oklahoma City | $22.7M | 0.0 mi |
| CERTIFIED CREDIT FINANCIAL, L.L.C. Oklahoma City · 2 employees | $4.8M | 0.1 mi |
| KYLE MCCORMACK LLC Oklahoma City · 21 employees | $22.6M | 0.1 mi |
| Victory Used Cars Oklahoma City | $22.7M | 0.1 mi |
| Homes To Go Oklahoma City | $22.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.5M |
| Estimate: the two combined (geometric mean) | $6.2M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $308K |
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 | $738K |
| Multiple for this size and industry | 2.4× |
| Value range | $388K – $1.0M |
| Revenue range | $4.1M – $7.0M |
| EBITDA range | $202K – $351K |
| Industry (NAICS) | Used Car Dealers (441120) |
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
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/19/2021 | second | $37K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ray Hibdon's Car Choice LLC
Ray Hibdon's Car Choice LLC is a car dealers company in Oklahoma City, Oklahoma, in business since 2009. Its estimated annual revenue is about $6.2M, with roughly $308K of EBITDA. It has about 3 employees. Its estimated business value is $738K (likely range $388K–$1.0M).
Common questions
- Who owns Ray Hibdon's Car Choice LLC?
- The owner of Ray Hibdon's Car Choice 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 Ray Hibdon's Car Choice LLC make?
- SeeBITDA estimates Ray Hibdon's Car Choice LLC's annual revenue at about $6.2M (likely between $4.1M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ray Hibdon's Car Choice LLC worth?
- About $738K, roughly 2.4× its estimated EBITDA of $308K, typical for a car dealers company its size. Likely range: $388K–$1.0M.
- How many employees does Ray Hibdon's Car Choice LLC have?
- About 3, as reported on its PPP loan.
- When was Ray Hibdon's Car Choice LLC founded?
- Ray Hibdon's Car Choice LLC has been in business since 2009.