White's Garage, Inc.
How we got $252K
Based on its 2 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 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| WHITE'S GARAGE, INC. this business | $633K | — |
| MIKE'S SERVICE CENTER INC Durant · 4 employees | $1.6M | 2.4 mi |
| CANAM ROAD SERVICES LLC Atoka · 2 employees | $455K | 24.6 mi |
| FOMBY AND SONS TOWING, TRUCK AND TIRE REPAIR LLC Atoka · 10 employees | $2.2M | 28.4 mi |
| MULLINS, INC. Atoka · 4 employees | $851K | 31.2 mi |
| ATOKA TAG AGENCY Atoka · 3 employees | $608K | 31.7 mi |
| DENISE GRAHAM Atoka · 5 employees | $827K | 31.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $573K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $539K |
| Estimate: the two combined (geometric mean) | $633K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $97K |
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 | $252K |
| Multiple for this size and industry | 2.6× |
| Value range | $133K – $345K |
| Revenue range | $417K – $722K |
| EBITDA range | $64K – $110K |
| Industry (NAICS) | Motor Vehicle Towing (488410) |
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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $12K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About White's Garage, Inc.
White's Garage, Inc. is a motor vehicle towing company in Durant, Oklahoma, in business since 2001. Its estimated annual revenue is about $633K, with roughly $97K of EBITDA. It has about 2 employees. Its estimated business value is $252K (likely range $133K–$345K).
Common questions
- Who owns White's Garage, Inc.?
- The owner of White's Garage, 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 White's Garage, Inc. make?
- SeeBITDA estimates White's Garage, Inc.'s annual revenue at about $633K (likely between $417K and $722K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is White's Garage, Inc. worth?
- About $252K, roughly 2.6× its estimated EBITDA of $97K, typical for a motor vehicle towing company its size. Likely range: $133K–$345K.
- How many employees does White's Garage, Inc. have?
- About 2, as reported on its PPP loan.
- When was White's Garage, Inc. founded?
- White's Garage, Inc. has been in business since 2001.