Thoroughbred Motors, Inc.
How we got $645K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 20% 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
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
Thoroughbred Motors is a used car dealership in Oklahoma City, OK that sells used cars, trucks and SUVs at fair prices and offers a trade-in valuation service.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Acura · brand it sells or installs
- Audi · brand it sells or installs
- BMW · brand it sells or installs
- Honda · brand it sells or installs
- Infiniti · brand it sells or installs
- Lexus · brand it sells or installs
- Mazda · brand it sells or installs
- Mercedes-Benz · brand it sells or installs
- Porsche · brand it sells or installs
- RAM · brand it sells or installs
- Subaru · brand it sells or installs
- Toyota · brand it sells or installs
- Volvo · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| THOROUGHBRED MOTORS, INC. this business | $5.4M | — |
| Auto Place Credit Oklahoma City | $22.5M | 0.3 mi |
| GO AUTO LLC Oklahoma City · 5 employees | $5.8M | 0.3 mi |
| Cars For You Oklahoma City | $22.5M | 0.4 mi |
| Cars 4 Less Oklahoma City | $22.5M | 0.5 mi |
| SANTIAGO SPORTS AND CLASSICS, LLC Oklahoma City · 2 employees | $3.1M | 0.7 mi |
| JACKIE COOPER IMPORTS, LLC Oklahoma City · 115 employees | $157.1M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.7M |
| Estimate: the two combined (geometric mean) | $5.4M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $269K |
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 | $645K |
| Multiple for this size and industry | 2.4× |
| Value range | $339K – $882K |
| Revenue range | $3.5M – $6.1M |
| EBITDA range | $177K – $306K |
| Industry (NAICS) | Used Car Dealers (441120) |
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
- BankingNBC 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
| NBC Oklahoma PPP 2020, PPP 2021 | All 526 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 | $28K | 3 |
| 2/20/2021 | second | $18K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Thoroughbred Motors, Inc.
Thoroughbred Motors, Inc. is a car dealers company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Dan Derr (President). Its estimated annual revenue is about $5.4M, with roughly $269K of EBITDA. It has about 3 employees. Its estimated business value is $645K (likely range $339K–$882K).
Common questions
- Who owns Thoroughbred Motors, Inc.?
- Thoroughbred Motors, Inc. is owned by Dan Derr (President), according to public sources such as the company's website or filings.
- How much revenue does Thoroughbred Motors, Inc. make?
- SeeBITDA estimates Thoroughbred Motors, Inc.'s annual revenue at about $5.4M (likely between $3.5M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thoroughbred Motors, Inc. worth?
- About $645K, roughly 2.4× its estimated EBITDA of $269K, typical for a car dealers company its size. Likely range: $339K–$882K.
- How many employees does Thoroughbred Motors, Inc. have?
- About 3, as reported on its PPP loan.
- When was Thoroughbred Motors, Inc. founded?
- Thoroughbred Motors, Inc. has been in business since 1998.