Dale's Tank Service, Inc.
How we got $4.5M
Based on its 25 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 40 years (since 1986)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 38% 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 |
|---|---|---|
| DALE'S TANK SERVICE, INC. this business | $10.1M | — |
| FLETCHERS WEL SERVICE LLC Ratliff City | $1.9M | 0.3 mi |
| RATLIFF CITY TRUCKING INC Ratliff City | $1.4M | 0.4 mi |
| COLT HOPKINS TANK SERVICE LLC Ratliff City | $932K | 0.6 mi |
| PATRIOT CHEMICALS & SERVICES LLC Ratliff City | $4.6M | 0.6 mi |
| PRUITT OPERATING CO LLC Ratliff City | $1.4M | 0.7 mi |
| FIVE POINT SERVICES INC Ratliff City | $932K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.6M |
| Estimate: the two combined (geometric mean) | $10.1M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.5M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.3M – $6.1M |
| Revenue range | $6.6M – $11.5M |
| EBITDA range | $771K – $1.3M |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Truckload (484121) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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 → |
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 | $264K | 25 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dale's Tank Service, Inc.
Dale's Tank Service, Inc. is a general freight trucking, long-distance, truckload company in Ratliff City, Oklahoma, in business since 1986. Its estimated annual revenue is about $10.1M, with roughly $1.2M of EBITDA. It has about 25 employees. Its estimated business value is $4.5M (likely range $2.3M–$6.1M).
Common questions
- Who owns Dale's Tank Service, Inc.?
- The owner of Dale's Tank Service, 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 Dale's Tank Service, Inc. make?
- SeeBITDA estimates Dale's Tank Service, Inc.'s annual revenue at about $10.1M (likely between $6.6M and $11.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dale's Tank Service, Inc. worth?
- About $4.5M, roughly 3.8× its estimated EBITDA of $1.2M, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $2.3M–$6.1M.
- How many employees does Dale's Tank Service, Inc. have?
- About 25, as reported on its PPP loan.
- When was Dale's Tank Service, Inc. founded?
- Dale's Tank Service, Inc. has been in business since 1986.