Truck N Trailer Inc
- Jeff MorganSales Manager · Company website
How we got $2.6M
Based on its 13 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.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
- Founder still runs it after 28 years
- Family in the business (Jeff Morgan, Sales Manager)
From public records and the company's website, not a statement that it's for sale.
What they do
Truck-N-Trailer is a truck dealer and certified service and maintenance repair shop in Oklahoma City, OK, selling work trucks, box vans and step vans and servicing medium duty commercial trucks for owner operators and national fleets.
From the company's website. Industry: Car dealers.
Customers & suppliers
Customers
- Guardian Security · named on its website
- GTC Trucking · named on its website
- Bloomin' Blinds · named on its website
- Earthtones Lawn Care · named on its website
- Carolina Building and Rental · named on its website
- Freezing Cow Express · named on its website
Suppliers & brands
- Mitsubishi · brand it sells or installs
- Fuso · brand it sells or installs
- Isuzu · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TRUCK N TRAILER INC this business | $20.9M | — |
| OK Step Van Oklahoma City | $22.5M | 0.0 mi |
| L K Auto Remarketing Moore | $22.5M | 2.3 mi |
| D&D TRUCK SALES, INC. Oklahoma City · 34 employees | $62.4M | 2.4 mi |
| Tinker AFB Resale Lot Oklahoma City | $22.5M | 2.7 mi |
| Greg Darnell Ford Dealership Okc Oklahoma City | $22.5M | 3.1 mi |
| David Stanley Ford Midwest City | $22.5M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $22.9M |
| Estimate: the two combined (geometric mean) | $20.9M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $854K |
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 | $2.6M |
| Multiple for this size and industry | 3× |
| Value range | $1.3M – $3.5M |
| Revenue range | $13.7M – $23.8M |
| EBITDA range | $562K – $973K |
| 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
- BankingValliance Bank, BancFirstPPP / 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
| BancFirst 504 2022 | All 7,048 borrowers → |
| Valliance Bank PPP 2020 | All 439 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $178K | 13 |
2 locations
| 6560 SE 74TH ST | Oklahoma City | This listing |
| 3401 S Service Rd | Moore | View |
Revenue, profit and value are for the whole company.
Public records
| Nov 2021 | 504 | $2.6M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Truck N Trailer Inc
Truck N Trailer Inc is a family-owned car dealers company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Tom Morgan (Founder, President and General Manager). Its estimated annual revenue is about $20.9M, with roughly $854K of EBITDA. It has about 13 employees. Its estimated business value is $2.6M (likely range $1.3M–$3.5M). It has 2 locations.
Common questions
- Who owns Truck N Trailer Inc?
- Truck N Trailer Inc is owned by Tom Morgan (Founder, President and General Manager), according to public sources such as the company's website or filings.
- How much revenue does Truck N Trailer Inc make?
- SeeBITDA estimates Truck N Trailer Inc's annual revenue at about $20.9M (likely between $13.7M and $23.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Truck N Trailer Inc worth?
- About $2.6M, roughly 3× its estimated EBITDA of $854K, typical for a car dealers company its size. Likely range: $1.3M–$3.5M.
- How many employees does Truck N Trailer Inc have?
- About 13, as reported on its PPP loan.
- When was Truck N Trailer Inc founded?
- Truck N Trailer Inc has been in business since 1998.