Cherokee Texaco Inc.
How we got $2.1M
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHEROKEE TEXACO INC. this business | $16.3M | — |
| MOORE'S FARM SERVICE CENTER, LLC Calumet · 3 employees | $4.2M | 1.5 mi |
| RSL&K ENTERPRISES, INC. Calumet · 14 employees | $8.2M | 6.7 mi |
| LUCKY STAR TRAVEL PLAZA Concho · 15 employees | $11.9M | 9.0 mi |
| VICKIE'S C STORE, LLC El Reno · 9 employees | $6.4M | 10.0 mi |
| FAST FUEL, L.L.C. Kingfisher · 9 employees | $7.0M | 20.6 mi |
| D & DEE PROPERTIES INC. Kingfisher · 12 employees | $7.9M | 21.9 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.8M |
| Estimate: the two combined (geometric mean) | $16.3M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $700K |
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 | $2.1M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.9M |
| Revenue range | $10.7M – $18.6M |
| EBITDA range | $460K – $798K |
| Industry (NAICS) | Retail Trade (447110) |
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: approximate sector default. 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
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020, PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $116K | 20 |
| 1/23/2021 | second | $116K | 25 |
About Cherokee Texaco Inc.
Cherokee Texaco Inc. is a retail trade company in Calumet, Oklahoma. Its estimated annual revenue is about $16.3M, with roughly $700K of EBITDA. It has about 25 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Cherokee Texaco Inc.?
- The owner of Cherokee Texaco 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 Cherokee Texaco Inc. make?
- SeeBITDA estimates Cherokee Texaco Inc.'s annual revenue at about $16.3M (likely between $10.7M and $18.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cherokee Texaco Inc. worth?
- About $2.1M, roughly 3× its estimated EBITDA of $700K, typical for a retail trade company its size. Likely range: $1.1M–$2.9M.
- How many employees does Cherokee Texaco Inc. have?
- About 25, as reported on its PPP loan.