Wesmar Racing Engines Inc
How we got $650K
Based on its 5 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.
Estimated value over time
▲ 80% 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 |
|---|---|---|
| WESMAR RACING ENGINES INC this business | $2.0M | — |
| ACCESSORY & PERFORMANCE SALES INC Sapulpa · 3 employees | $4.8M | 7.7 mi |
| MEMORIAL MACHINE INC Tulsa · 75 employees | $33.0M | 9.5 mi |
| POWER TRAIN INC Tulsa · 4 employees | $3.4M | 10.0 mi |
| THE PARTS DEALER, LLC Broken Arrow · 12 employees | $3.0M | 11.0 mi |
| AIR POWER SYSTEMS CO. LLC Tulsa · 81 employees | $34.1M | 11.0 mi |
| MIDWESTERN MOTOR REBUILDERS Tulsa · 26 employees | $8.9M | 14.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $250K |
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 | $650K |
| Multiple for this size and industry | 2.6× |
| Value range | $342K – $889K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $164K – $285K |
| Industry (NAICS) | Motor Vehicle Gasoline Engine and Engine Parts Manufacturing (336310) |
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
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $36K | 5 |
| 1/22/2021 | second | $30K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wesmar Racing Engines Inc
Wesmar Racing Engines Inc is a motor vehicle gasoline engine and engine parts manufacturing company in Bixby, Oklahoma, in business since 1998. Its estimated annual revenue is about $2.0M, with roughly $250K of EBITDA. It has about 5 employees. Its estimated business value is $650K (likely range $342K–$889K).
Common questions
- Who owns Wesmar Racing Engines Inc?
- The owner of Wesmar Racing Engines 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 Wesmar Racing Engines Inc make?
- SeeBITDA estimates Wesmar Racing Engines Inc's annual revenue at about $2.0M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wesmar Racing Engines Inc worth?
- About $650K, roughly 2.6× its estimated EBITDA of $250K, typical for a motor vehicle gasoline engine and engine parts manufacturing company its size. Likely range: $342K–$889K.
- How many employees does Wesmar Racing Engines Inc have?
- About 5, as reported on its PPP loan.
- When was Wesmar Racing Engines Inc founded?
- Wesmar Racing Engines Inc has been in business since 1998.