Knippelmier Chevrolet, Inc.
How we got $9.9M
Based on its 38 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Knippelmier Chevrolet is a family-owned Chevrolet dealership in Blanchard, Oklahoma, selling new and pre-owned vehicles and offering financing, parts, and service. It says it serves Chevy buyers from Oklahoma City to Yukon.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Chevrolet · brand it sells or installs
- GM · brand it sells or installs
Estimated value over time
▲ 19% 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.
Employees over time
▼ 39% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 38 | $37.1M |
| 2020 | Form 5500 | 27 | $26.3M |
| 2021 | Form 5500 | 24 | $23.4M |
| 2022 | Form 5500 | 27 | $26.3M |
| 2023 | Form 5500 | 24 | $23.4M |
| 2024 | Form 5500 | 22 | $21.5M |
| 2025 | Form 5500 | 23 | $22.4M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| KNIPPELMIER CHEVROLET, INC. this business | $54.8M | — |
| Stratton Motor Company Blanchard | $22.7M | 2.2 mi |
| Knippelmier Classics Blanchard | $45.4M | 3.4 mi |
| A&D Used Golf Cart Sales Blanchard | $22.7M | 4.6 mi |
| A PLUS TIRE & SERVICE, INC. Blanchard · 4 employees | $4.4M | 5.1 mi |
| Mayhem ATV Dibble | $22.7M | 6.0 mi |
| BIG S AUTO AND TRACTOR SALES Blanchard · 6 employees | $7.3M | 8.7 mi |
The full calculation
| Employees reported to the SBA | 38 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $48.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $47.7M |
| Estimate: the two combined (geometric mean) | $54.8M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $2.2M |
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 | $9.9M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.2M – $13.5M |
| Revenue range | $36.0M – $62.5M |
| EBITDA range | $1.5M – $2.6M |
| Industry (NAICS) | New Car Dealers (441110) |
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
“From day one, we've been proudly family-owned, family-run and built on real relationships with the people of Blanchard and the”
Advisors
- BankingThe First National Bank and Trust Co, Chickasha, OklahomaPPP / 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
| The First National Bank and Trust Co, Chickasha, Oklahoma PPP 2020 | All 478 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $421K | 38 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Knippelmier Chevrolet, Inc.
Knippelmier Chevrolet, Inc. is a family-owned car dealers company in Blanchard, Oklahoma, in business since 2002. It is owned by Larry Knippelmier. Its estimated annual revenue is about $54.8M, with roughly $2.2M of EBITDA. It has about 23 employees. Its estimated business value is $9.9M (likely range $5.2M–$13.5M).
Common questions
- Who owns Knippelmier Chevrolet, Inc.?
- Knippelmier Chevrolet, Inc. is owned by Larry Knippelmier, according to public sources such as the company's website or filings.
- How much revenue does Knippelmier Chevrolet, Inc. make?
- SeeBITDA estimates Knippelmier Chevrolet, Inc.'s annual revenue at about $54.8M (likely between $36.0M and $62.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Knippelmier Chevrolet, Inc. worth?
- About $9.9M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a car dealers company its size. Likely range: $5.2M–$13.5M.
- How many employees does Knippelmier Chevrolet, Inc. have?
- About 23, from its 2025 retirement-plan filing.
- When was Knippelmier Chevrolet, Inc. founded?
- Knippelmier Chevrolet, Inc. has been in business since 2002.