SeeBITDAOklahoma

Spence Trucking and Construction LLC

General Freight Trucking
  • 110 8TH ST, Elgin, OK (approx.)
  • Since 2006
  • NAICS 4841
Estimated valueLow confidence
$1.3M
$605Klikely range$1.8M
About 2.6× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$3.7M
a year
EBITDA
$492K
13% of revenue
Employees
9
drivers (FMCSA)
Leadership
JAMES SPENCE
Owner · source
Unlikely to sell soon

How we got $1.3M

Based on 5 drivers and 9 trucks on its federal motor carrier registration.

9 drivers × $414K each$3.7M
Revenue$3.7M
× 13% EBITDA margin$492K
× 2.6 sale multiple = value$1.3M

Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
No website found
Owner named
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 20 years (since 2006)

From public records and the company's website, not a statement that it's for sale.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
SPENCE TRUCKING AND CONSTRUCTION LLC
this business
$3.7M$492K—
RGC TRANSPORT LLC
Elgin
$932K$149K0.0 mi
COMANCHE ROLL OFF SERVICE LLC
Elgin
$932K$149K0.2 mi
DELUCA TRUCKING LLC
Elgin
$1.4M$202K0.4 mi
ZIMMER HAY CO. LLC
Elgin
$3.3M$437K0.4 mi
BIGGS CONCRETE CONSTRUCTION INC
Elgin
$932K$149K0.4 mi
RICO'S TRUCKING COMPANY
Elgin
$932K$149K0.5 mi

Ranges & sources

Revenue range$2.2M – $4.4M
EBITDA range$291K – $582K
Industry (NAICS)General Freight Trucking (4841)
Value range$605K – $1.8M

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. These are statistical estimates, not reported financials. Listing details come from the FMCSA motor carrier census. Full methodology

Public records

DOT motor carrier
USDOT 1499623
Trucks (power units)9
Drivers5
Miles (2016)10,000
Registered with DOT2006

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Spence Trucking and Construction LLC

Spence Trucking and Construction LLC is a general freight trucking company in Elgin, Oklahoma, in business since 2006. It is owned by JAMES SPENCE. Its estimated annual revenue is about $3.7M, with roughly $492K of EBITDA. Its estimated business value is $1.3M (likely range $605K–$1.8M).

Common questions

Who owns Spence Trucking and Construction LLC?
Spence Trucking and Construction LLC is owned by JAMES SPENCE, according to public sources such as the company's website or filings.
How much revenue does Spence Trucking and Construction LLC make?
SeeBITDA estimates Spence Trucking and Construction LLC's annual revenue at about $3.7M (likely between $2.2M and $4.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Spence Trucking and Construction LLC worth?
About $1.3M, roughly 2.6× its estimated EBITDA of $492K, typical for a general freight trucking company its size. Likely range: $605K–$1.8M.
When was Spence Trucking and Construction LLC founded?
Spence Trucking and Construction LLC has been in business since 2006.