Newell Coach Corporation
- Kayla WyrickSigns company filings · Form 5500 (2023)
How we got $108.0M
Based on its 175 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 13% 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
▲ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 175 | $102.6M |
| 2020 | Form 5500 | 169 | $99.1M |
| 2021 | Form 5500 | 185 | $108.5M |
| 2022 | Form 5500 | 190 | $111.4M |
| 2023 | Form 5500 | 204 | $119.6M |
| 2024 | Form 5500 | 197 | $115.5M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
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 |
|---|---|---|
| NEWELL COACH CORPORATION this business | $164.0M | — |
| OOJS ENTERPRISES LLC Miami · 7 employees | $1.2M | 2.1 mi |
| ALLEN SIGN STUDIOS LLC Miami · 12 employees | $2.0M | 2.8 mi |
| COLBY W. ALLEN Miami · 12 employees | $2.0M | 2.8 mi |
| MVP ENTERPRISES, INC Miami · 1 employees | $551K | 2.8 mi |
| COM-TECH OF MIAMI INC Miami · 1 employees | $549K | 2.9 mi |
| N. E. O. FABRICATION L. L. C. Miami · 40 employees | $16.4M | 3.6 mi |
The full calculation
| Employees reported to the SBA | 175 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $123.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $168.0M |
| Estimate: the two combined (geometric mean) | $164.0M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $13.7M |
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 | $108.0M |
| Multiple for this size and industry | 7.9× |
| Value range | $56.9M – $147.8M |
| Revenue range | $107.9M – $187.0M |
| EBITDA range | $9.0M – $15.6M |
| Industry (NAICS) | Motor Home Manufacturing (336213) |
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
History & advisors
Advisors
- AccountingOber & Littlefield, CPA'S, PllcqAudits its 401(k) plan (2024 filing)
- BankingBOKF, 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $3.0M | 175 |
| 2/3/2021 | second | $2.0M | 175 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Newell Coach Corporation
Newell Coach Corporation is a motor home manufacturing company in Miami, Oklahoma, in business since 1997. It is owned by Grant Kernan (President and CEO). Its estimated annual revenue is about $164.0M, with roughly $13.7M of EBITDA. It has about 197 employees. Its estimated business value is $108.0M (likely range $56.9M–$147.8M).
Common questions
- Who owns Newell Coach Corporation?
- Newell Coach Corporation is owned by Grant Kernan (President and CEO), according to public sources such as the company's website or filings.
- How much revenue does Newell Coach Corporation make?
- SeeBITDA estimates Newell Coach Corporation's annual revenue at about $164.0M (likely between $107.9M and $187.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Newell Coach Corporation worth?
- About $108.0M, roughly 7.9× its estimated EBITDA of $13.7M, typical for a motor home manufacturing company its size. Likely range: $56.9M–$147.8M.
- How many employees does Newell Coach Corporation have?
- About 197, from its 2024 retirement-plan filing.
- When was Newell Coach Corporation founded?
- Newell Coach Corporation has been in business since 1997.