Red Dirt Raceway, LLC
How we got $693K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 2% 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 |
|---|---|---|
| RED DIRT RACEWAY, LLC this business | $1.0M | — |
| REYNARD PROMOTIONS Wellston · 1 employees | $574K | 8.8 mi |
| Reynard Raceway Wellston | $793K | 8.9 mi |
| BIEHLER RACING LLC Jones · 4 employees | $2.0M | 25.2 mi |
| JACK ONOFRIO DOG SHOWS, LLC Oklahoma City · 43 employees | $12.6M | 32.0 mi |
| USA SOFTBALL, INC Oklahoma City · 32 employees | $13.5M | 32.5 mi |
| WILL KROPP GOLF, LLC Edmond · 2 employees | $1.4M | 33.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $637K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 26% |
| EBITDA = revenue × margin | $257K |
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 | $693K |
| Multiple for this size and industry | 2.7× |
| Value range | $365K – $949K |
| Revenue range | $662K – $1.1M |
| EBITDA range | $169K – $293K |
| Industry (NAICS) | Racetracks (711212) |
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. 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $12K | 2 |
About Red Dirt Raceway, LLC
Red Dirt Raceway, LLC is a racetracks company in Meeker, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $257K of EBITDA. It has about 2 employees. Its estimated business value is $693K (likely range $365K–$949K).
Common questions
- Who owns Red Dirt Raceway, LLC?
- The owner of Red Dirt Raceway, 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 Red Dirt Raceway, LLC make?
- SeeBITDA estimates Red Dirt Raceway, LLC's annual revenue at about $1.0M (likely between $662K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Dirt Raceway, LLC worth?
- About $693K, roughly 2.7× its estimated EBITDA of $257K, typical for a racetracks company its size. Likely range: $365K–$949K.
- How many employees does Red Dirt Raceway, LLC have?
- About 2, as reported on its PPP loan.