Smittys Classics LLC
How we got $410K
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
What they do
Smitty's Classics is a full automotive restoration shop in Edmond, Oklahoma, serving classic car and classic truck enthusiasts since 2008. It offers full frame-off restoration, pro-touring upgrades, engine rebuilds and swaps, and general repairs.
From the company's website. Industry: Auto repair.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- UNITED PETROLEUM TRANSPORTS, INC. · Oklahoma City, 22 mi · $1.26B
- HOBBY LOBBY STORES INC · Oklahoma City, 24 mi · $206.0M
- D & M CARRIERS LLC · Oklahoma City, 22 mi · $115.4M
- MILLER TRUCK LINES LLC · Stroud, 47 mi · $106.6M
- A-1 FREEMAN MOVING AND STORAGE · Okc, 11 mi · $89.3M
Estimated value over time
▲ 37% 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 |
|---|---|---|
| SMITTYS CLASSICS LLC this business | $1.4M | — |
| Always Painting Body Shop Edmond | $1.4M | 0.0 mi |
| Whips and Hydrodips LLC Edmond | $1.4M | 0.0 mi |
| Bold Automotive Solutions Edmond | $1.4M | 0.1 mi |
| Rg7 Automotive & Hail Repair Oklahoma Edmond | $1.4M | 0.2 mi |
| COLLINS MINOR COLLISION REPAIR Edmond · 8 employees | $2.2M | 1.3 mi |
| PREMIER DIESEL, LLC Edmond · 3 employees | $1.0M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| 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) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $178K |
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 | $410K |
| Multiple for this size and industry | 2.3× |
| Value range | $216K – $562K |
| Revenue range | $941K – $1.6M |
| EBITDA range | $117K – $203K |
| Industry (NAICS) | All Other Automotive Repair and Maintenance (811198) |
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
- BankingFirst National Bank of OklahomaPPP / 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 National Bank of Oklahoma PPP 2021 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/3/2021 | second | $38K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smittys Classics LLC
Smittys Classics LLC is an auto repair company in Edmond, Oklahoma, in business since 2018. Its estimated annual revenue is about $1.4M, with roughly $178K of EBITDA. It has about 5 employees. Its estimated business value is $410K (likely range $216K–$562K).
Common questions
- Who owns Smittys Classics LLC?
- The owner of Smittys Classics 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 Smittys Classics LLC make?
- SeeBITDA estimates Smittys Classics LLC's annual revenue at about $1.4M (likely between $941K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smittys Classics LLC worth?
- About $410K, roughly 2.3× its estimated EBITDA of $178K, typical for a auto repair company its size. Likely range: $216K–$562K.
- How many employees does Smittys Classics LLC have?
- About 5, as reported on its PPP loan.
- When was Smittys Classics LLC founded?
- Smittys Classics LLC has been in business since 2018.