Tri-State Towing, L.L.C.
How we got $475K
Based on 6 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 35% 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 |
|---|---|---|
| TRI-STATE TOWING, L.L.C. this business | $1.4M | — |
| DUNLAP SERVICES, INC. Claremore · 8 employees | $1.8M | 0.3 mi |
| ROCO TOWING AND RECOVERY, LLC Claremore · 8 employees | $1.6M | 1.5 mi |
| JS AUTO SERVICES LLC Owasso · 1 employees | $221K | 13.6 mi |
| LENOX WRECKER SERVICE, INC. Owasso · 8 employees | $2.6M | 13.7 mi |
| GRACE TOWING LLC Broken Arrow · 1 employees | $388K | 15.2 mi |
| ELLIS PILOT CARS, LLC Chelsea · 1 employees | $282K | 15.8 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $147K |
| Revenue = employees × revenue per employee | $1.4M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $183K |
| Cross-check: revenue implied by PPP payroll | $105K |
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 | $475K |
| Multiple for this size and industry | 2.6× |
| Value range | $225K – $674K |
| Revenue range | $828K – $1.7M |
| EBITDA range | $108K – $216K |
| Industry (NAICS) | Motor Vehicle Towing (488410) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $4K | 6 |
| 3/26/2021 | second | $4K | 6 |
About Tri-State Towing, L.L.C.
Tri-State Towing, L.L.C. is a motor vehicle towing company in Claremore, Oklahoma. Its estimated annual revenue is about $1.4M, with roughly $183K of EBITDA. It has about 6 employees. Its estimated business value is $475K (likely range $225K–$674K).
Common questions
- Who owns Tri-State Towing, L.L.C.?
- The owner of Tri-State Towing, L.L.C. 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 Tri-State Towing, L.L.C. make?
- SeeBITDA estimates Tri-State Towing, L.L.C.'s annual revenue at about $1.4M (likely between $828K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tri-State Towing, L.L.C. worth?
- About $475K, roughly 2.6× its estimated EBITDA of $183K, typical for a motor vehicle towing company its size. Likely range: $225K–$674K.
- How many employees does Tri-State Towing, L.L.C. have?
- About 6, as reported on its PPP loan.