Red Rider Services LLC
How we got $2.6M
Based on its 17 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 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 11% 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.
Employees over time
▲ 47% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 17 | $3.8M |
| 2024 | Form 5500 | 22 | $4.9M |
| 2025 | Form 5500 | 25 | $5.6M |
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 |
|---|---|---|
| RED RIDER SERVICES LLC this business | $6.3M | — |
| WALLACE MOLER TRANSPORTS, INC Elk City · 5 employees | $2.7M | 0.7 mi |
| H & L FRAZIER ENTERPRISES, LLC Elk City · 5 employees | $2.8M | 1.0 mi |
| SCOTT D BAKER Elk City · 1 employees | $654K | 2.3 mi |
| BECK TRUCKING, LLC Elk City · 28 employees | $11.4M | 3.2 mi |
| 4-H ENERGY SERVICES LLC Elk City · 1 employees | $444K | 3.7 mi |
| DOUBLE A TRUCKING LLC Foss · 2 employees | $917K | 12.9 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.1M |
| Estimate: the two combined (geometric mean) | $6.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $826K |
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 | $2.6M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.4M – $3.6M |
| Revenue range | $4.1M – $7.1M |
| EBITDA range | $544K – $942K |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Local (484220) |
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
People & 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 2021 | 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 |
|---|---|---|---|
| 2/13/2021 | second | $224K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Red Rider Services LLC
Red Rider Services LLC is a specialized freight (except used goods) trucking, local company in Elk City, Oklahoma, in business since 2006. Its estimated annual revenue is about $6.3M, with roughly $826K of EBITDA. It has about 25 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.6M).
Common questions
- Who owns Red Rider Services LLC?
- The owner of Red Rider Services 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 Rider Services LLC make?
- SeeBITDA estimates Red Rider Services LLC's annual revenue at about $6.3M (likely between $4.1M and $7.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Rider Services LLC worth?
- About $2.6M, roughly 3.2× its estimated EBITDA of $826K, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $1.4M–$3.6M.
- How many employees does Red Rider Services LLC have?
- About 25, from its 2025 retirement-plan filing.
- When was Red Rider Services LLC founded?
- Red Rider Services LLC has been in business since 2006.