Route 66 Motorcycles, LLC
How we got $7.1M
Based on its 40 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 43% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ROUTE 66 MOTORCYCLES, LLC this business | $48.2M | — |
| DEFCON POWERSPORTS, LLC Tulsa · 9 employees | $11.2M | 0.0 mi |
| SYNERGY MOTORWORKS LLC Tulsa · 8 employees | $6.3M | 1.0 mi |
| West Marine Tulsa | $2.0M | 1.2 mi |
| Toy Dreamz Tulsa | $22.5M | 1.6 mi |
| NICHOLS MARINE, INC. Tulsa · 15 employees | $13.8M | 1.7 mi |
| BYSELLER VMP LLC Tulsa · 4 employees | $3.6M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 40 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $32.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $55.7M |
| Estimate: the two combined (geometric mean) | $48.2M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $2.0M |
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 | $7.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.7M – $9.7M |
| Revenue range | $31.7M – $55.0M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Motorcycle, Boat, and Other Motor Vehicle Dealers (441228) |
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
- BankingSecurity 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 Roles are as stated there and may be out of date.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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $648K | 40 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Route 66 Motorcycles, LLC
Route 66 Motorcycles, LLC is a car dealers company in Tulsa, Oklahoma, in business since 2000. It is owned by Dale W. Rhoads. Its estimated annual revenue is about $48.2M, with roughly $2.0M of EBITDA. It has about 40 employees. Its estimated business value is $7.1M (likely range $3.7M–$9.7M).
Common questions
- Who owns Route 66 Motorcycles, LLC?
- Route 66 Motorcycles, LLC is owned by Dale W. Rhoads, according to public sources such as the company's website or filings.
- How much revenue does Route 66 Motorcycles, LLC make?
- SeeBITDA estimates Route 66 Motorcycles, LLC's annual revenue at about $48.2M (likely between $31.7M and $55.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Route 66 Motorcycles, LLC worth?
- About $7.1M, roughly 3.6× its estimated EBITDA of $2.0M, typical for a car dealers company its size. Likely range: $3.7M–$9.7M.
- How many employees does Route 66 Motorcycles, LLC have?
- About 40, as reported on its PPP loan.
- When was Route 66 Motorcycles, LLC founded?
- Route 66 Motorcycles, LLC has been in business since 2000.