Wells Automotive, LLC
How we got $339K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
Wells Automotive is an auto repair shop in Norman, OK that has served the community since 1992, offering engine, A/C, suspension, radiator, electrical, brake, maintenance, transmission and tune-up services.
From the company's website. Industry: Auto repair.
Estimated value over time
▲ 57% 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 |
|---|---|---|
| WELLS AUTOMOTIVE, LLC this business | $1.1M | — |
| Custom Details by Kenny Norman | $1.4M | 0.1 mi |
| Mike's Tire & Auto Norman | $1.4M | 0.1 mi |
| Costa Oil - Moore Norman | $1.4M | 0.3 mi |
| Ok Fast Lube Norman | $1.4M | 0.3 mi |
| Midas Norman | $1.4M | 0.3 mi |
| AUTO MAINTENANCE EXPERTS, INC. Norman · 5 employees | $1.6M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $870K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $147K |
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 | $339K |
| Multiple for this size and industry | 2.3× |
| Value range | $178K – $464K |
| Revenue range | $703K – $1.2M |
| EBITDA range | $97K – $168K |
| Industry (NAICS) | General Automotive Repair (811111) |
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
- BankingCrossFirst 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 PPP 2020 | All 7,048 borrowers → |
| CrossFirst Bank PPP 2020 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $22K | 3 |
| 4/11/2020 | first | $24K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wells Automotive, LLC
Wells Automotive, LLC is an auto repair company in Norman, Oklahoma, in business since 1998. Its estimated annual revenue is about $1.1M, with roughly $147K of EBITDA. It has about 4 employees. Its estimated business value is $339K (likely range $178K–$464K).
Common questions
- Who owns Wells Automotive, LLC?
- The owner of Wells Automotive, 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 Wells Automotive, LLC make?
- SeeBITDA estimates Wells Automotive, LLC's annual revenue at about $1.1M (likely between $703K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wells Automotive, LLC worth?
- About $339K, roughly 2.3× its estimated EBITDA of $147K, typical for a auto repair company its size. Likely range: $178K–$464K.
- How many employees does Wells Automotive, LLC have?
- About 4, as reported on its PPP loan.
- When was Wells Automotive, LLC founded?
- Wells Automotive, LLC has been in business since 1998.