SeeBITDAOklahoma

Arnett New Holland Inc

Farm and Garden Machinery and Equipment Merchant Wholesalers
  • 219 W Renfrow, Arnett, OK
Estimated valueMedium confidence
$11.8M
$6.2Mlikely range$16.2M
About 5.2× its yearly profit, typical for a company this size in its industry.
Revenue
$33.3M
a year
Profit (EBITDA)
$2.3M
7% of revenue
Employees
29
reported in 2020
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $11.8M

Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.

29 employees × $919K each$26.6M
PPP payroll ÷ payroll's usual share of revenue$31.9M
Shown toward the top of its range×1.14
Revenue$33.3M
× 7% profit margin$2.3M
× 5.2 sale multiple = value$11.8M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2023
No reported financials
No website found
Owner not found

Signs of a sale Unlikely to sell soon

  • Headcount down 26% since 2020 (retirement plan filings)

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

Estimated value over time

▲ 34% since 2020
$0$6.8M$13.6M20202021202220232026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 31% since 2020
0255020202021202220232920
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan29$23.6M$1.6M
2020Form 550027$22.0M$1.5M
2021Form 550026$21.2M$1.4M
2022Form 550025$20.4M$1.4M
2023Form 550020$16.3M$1.1M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
ARNETT NEW HOLLAND INC
this business
$33.3M$2.3M—
GRAND ECONOMY MAINTENANCE SUPPLIES, LLC
Arnett · 3 employees
$2.9M$266K0.2 mi
BLACKLIST HOLDINGS LLC
Woodward · 1 employees
$2.3M$213K29.4 mi
CIRCLE L INVESTMENTS, LLC
Woodward · 6 employees
$7.4M$621K30.6 mi
TRAILER TEC LLC
Elk City · 4 employees
$4.4M$368K53.4 mi
JC'S TRAILER SALES LLC
Elk City · 1 employees
$740K$75K53.5 mi
MIDWEST FARM SUPPLY INC
Elk City · 5 employees
$3.6M$302K53.8 mi

The full calculation

Employees reported to the SBA29
Revenue from headcount (employees × revenue per employee for companies this size)$26.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$31.9M
Estimate: the two combined (geometric mean)$33.3M
EBITDA margin (industry, adjusted for size)7%
EBITDA = revenue × margin$2.3M

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$11.8M
Multiple for this size and industry5.2×
Value range$6.2M – $16.2M
Revenue range$21.9M – $37.9M
EBITDA range$1.5M – $2.6M
Industry (NAICS)Farm and Garden Machinery and Equipment Merchant Wholesalers (423820)

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

Leadership

  • JG
    Jennifer Gantt
    Signed for the company · 2023 retirement-plan filing (Form 5500)

Advisors

  • BankingSNB Bank, National AssociationPPP / 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

SNB Bank, National Association
PPP 2020
All 56 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$435K$438K29SNB Bank, National Association

Public records

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

About Arnett New Holland Inc

Arnett New Holland Inc is a farm and garden machinery and equipment merchant wholesalers company in Arnett, Oklahoma. Its estimated annual revenue is about $33.3M, with roughly $2.3M of EBITDA. It has about 20 employees. Its estimated business value is $11.8M (likely range $6.2M–$16.2M).

Common questions

Who owns Arnett New Holland Inc?
The owner of Arnett New Holland 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 Arnett New Holland Inc make?
SeeBITDA estimates Arnett New Holland Inc's annual revenue at about $33.3M (likely between $21.9M and $37.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Arnett New Holland Inc worth?
About $11.8M, roughly 5.2× its estimated EBITDA of $2.3M, typical for a farm and garden machinery and equipment merchant wholesalers company its size. Likely range: $6.2M–$16.2M.
How many employees does Arnett New Holland Inc have?
About 20, from its 2023 retirement-plan filing.