Ray Nichols Inc
How we got $934K
Based on 6 drivers and 6 trucks on its federal motor carrier registration.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RAY NICHOLS INC this business | $2.5M | — |
| TY SERVICES INC Ardmore | $1.4M | 0.1 mi |
| HORTON'S HAULING, LLC Ardmore | $3.3M | 0.1 mi |
| FERRAL D HOWARD CONSTRUCTION LLC Ardmore | $932K | 0.1 mi |
| RENEGADE ENERGY SERVICES LLC Ardmore | $1.4M | 0.1 mi |
| CNG PRODUCING COMPANY Ardmore | $1.4M | 0.2 mi |
| JR'S LOGISTICS LLC Ardmore | $1.4M | 0.2 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $934K |
| Multiple for this size and industry | 2.6× |
| Value range | $442K – $1.3M |
| Revenue range | $1.5M – $2.9M |
| EBITDA range | $212K – $425K |
| Industry (NAICS) | General Freight Trucking (4841) |
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
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ray Nichols Inc
Ray Nichols Inc is a general freight trucking company in Ardmore, Oklahoma, in business since 2010. Its estimated annual revenue is about $2.5M, with roughly $359K of EBITDA. Its estimated business value is $934K (likely range $442K–$1.3M).
Common questions
- Who owns Ray Nichols Inc?
- The owner of Ray Nichols 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 Ray Nichols Inc make?
- SeeBITDA estimates Ray Nichols Inc's annual revenue at about $2.5M (likely between $1.5M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ray Nichols Inc worth?
- About $934K, roughly 2.6× its estimated EBITDA of $359K, typical for a general freight trucking company its size. Likely range: $442K–$1.3M.
- When was Ray Nichols Inc founded?
- Ray Nichols Inc has been in business since 2010.