Suburban Chevrolet Inc
How we got $12.1M
Based on its 45 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 19% 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.
Employees over time
▲ 31% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 45 | $43.9M |
| 2021 | Form 5500 | 49 | $47.8M |
| 2022 | Form 5500 | 51 | $49.7M |
| 2023 | Form 5500 | 59 | $57.5M |
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.
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.
What they do
Suburban Chevrolet is a new and used Chevrolet dealership in Claremore, Oklahoma, offering vehicle sales, financing, trade-in appraisals, and service and parts for Chevrolet vehicles and other makes.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Chevrolet · brand it sells or installs
- Capital One · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- THE HAWTHORN GROUP, INC. · Tulsa, 14 mi · $437.3M
- CUSTOM COMMODITIES, INC · Vinita, 35 mi · $137.0M
- EAGLE REDI-MIX CONCRETE LLC · Tulsa, 22 mi · $111.7M
- MILLER TRUCK LINES LLC · Stroud, 69 mi · $106.6M
- JCT HOLDING CO LLC · Sapulpa, 39 mi · $101.6M
- OIL CAPITAL ELECTRIC LLC · Broken Arrow, 19 mi · $79.3M
- COLBURN ELECTRIC, LLC · Broken Arrow, 19 mi · $44.4M
- ELECTRICAL ALLIANCE LLC · Sand Springs, 34 mi · $39.4M
- LIGHTHOUSE ELECTRIC LLC · Tulsa, 14 mi · $37.0M
- THIRD GENERATION ELECTRICAL IN · Tulsa, 29 mi · $33.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SUBURBAN CHEVROLET INC this business | $67.4M | — |
| Jose Vende Carros Tulsa | $22.5M | 0.0 mi |
| CarsonzCars Claremore | $22.5M | 0.0 mi |
| Alvaro’s Automóvil Claremore | $22.5M | 0.0 mi |
| JACK KISSEE FORD, INC. Claremore · 42 employees | $64.0M | 0.5 mi |
| 1 Stop Customs Claremore | $22.5M | 1.0 mi |
| Robert Flynn Cars Claremore | $22.5M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 45 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $57.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $60.8M |
| Estimate: the two combined (geometric mean) | $67.4M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $2.8M |
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 | $12.1M |
| Multiple for this size and industry | 4.4× |
| Value range | $6.4M – $16.6M |
| Revenue range | $44.3M – $76.8M |
| EBITDA range | $1.8M – $3.1M |
| Industry (NAICS) | New Car Dealers (441110) |
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
- BankingFirstar 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
| Firstar Bank PPP 2020 | All 380 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 | $537K | 45 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Suburban Chevrolet Inc
Suburban Chevrolet Inc is a car dealers company in Claremore, Oklahoma, in business since 2006. Its estimated annual revenue is about $67.4M, with roughly $2.8M of EBITDA. It has about 59 employees. Its estimated business value is $12.1M (likely range $6.4M–$16.6M).
Common questions
- Who owns Suburban Chevrolet Inc?
- The owner of Suburban Chevrolet Inc 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 Suburban Chevrolet Inc make?
- SeeBITDA estimates Suburban Chevrolet Inc's annual revenue at about $67.4M (likely between $44.3M and $76.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Suburban Chevrolet Inc worth?
- About $12.1M, roughly 4.4× its estimated EBITDA of $2.8M, typical for a car dealers company its size. Likely range: $6.4M–$16.6M.
- How many employees does Suburban Chevrolet Inc have?
- About 59, from its 2023 retirement-plan filing.
- When was Suburban Chevrolet Inc founded?
- Suburban Chevrolet Inc has been in business since 2006.