SeeBITDAOklahoma

Kwan Nung Corporation DBA Newcastle Donuts & Bakery

Baked Goods Retailers
  • 718 N MAIN ST, Newcastle, OK
Estimated valueMedium confidence
$75K
$39Klikely range$102K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$430K
a year
Profit (EBITDA)
$37K
9% of revenue
Employees
2
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $75K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $210K each$420K
PPP payroll ÷ payroll's usual share of revenue$338K
Shown toward the top of its range×1.14
Revenue$430K
× 9% profit margin$37K
× 2 sale multiple = value$75K

· Own this business? Correct these figures

What we know

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

Estimated value over time

▲ 17% since 2020
$0$43K$86K20202026

Today'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

BusinessEst. revenueEst. profitDistance
KWAN NUNG CORPORATION DBA NEWCASTLE DONUTS & BAKERY
this business
$430K$37K—
THE HIP, LLC
Norman · 2 employees
$799K$69K5.8 mi
OKLAHOMA GOURMET POPCORN, LLC
Moore · 8 employees
$1.4M$106K8.0 mi
KARSTENS BAGEL
Norman · 19 employees
$2.1M$144K8.5 mi
THE CANDY BASKET LLC
Norman · 5 employees
$817K$61K8.5 mi
EL NATURAL LLC
Norman · 36 employees
$4.8M$293K9.0 mi
GT JOURNEY CORP.
Moore
$1.3M$88K9.1 mi

The full calculation

Employees reported to the SBA2
Revenue from headcount (employees × revenue per employee for companies this size)$420K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$338K
Estimate: the two combined (geometric mean)$430K
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$37K

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$75K
Multiple for this size and industry2×
Value range$39K – $102K
Revenue range$283K – $490K
EBITDA range$25K – $43K
Industry (NAICS)Baked Goods Retailers (445291)

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Advisors

  • BankingJPMorgan Chase 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

JPMorgan Chase Bank, National Association
PPP 2020
All 993 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/1/2020first$9K$9K2JPMorgan Chase Bank, National Association

About Kwan Nung Corporation DBA Newcastle Donuts & Bakery

Kwan Nung Corporation DBA Newcastle Donuts & Bakery is a baked goods retailers company in Newcastle, Oklahoma. Its estimated annual revenue is about $430K, with roughly $37K of EBITDA. It has about 2 employees. Its estimated business value is $75K (likely range $39K–$102K).

Common questions

Who owns Kwan Nung Corporation DBA Newcastle Donuts & Bakery?
The owner of Kwan Nung Corporation DBA Newcastle Donuts & Bakery 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 Kwan Nung Corporation DBA Newcastle Donuts & Bakery make?
SeeBITDA estimates Kwan Nung Corporation DBA Newcastle Donuts & Bakery's annual revenue at about $430K (likely between $283K and $490K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Kwan Nung Corporation DBA Newcastle Donuts & Bakery worth?
About $75K, roughly 2× its estimated EBITDA of $37K, typical for a baked goods retailers company its size. Likely range: $39K–$102K.
How many employees does Kwan Nung Corporation DBA Newcastle Donuts & Bakery have?
About 2, as reported on its PPP loan.