Northcutt Chevrolet-Buick, LLC
How we got $27.2M
Based on its 96 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
▼ 35% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 96 | $93.6M |
| 2020 | Form 5500 | 73 | $71.2M |
| 2021 | Form 5500 | 77 | $75.1M |
| 2022 | Form 5500 | 78 | $76.1M |
| 2023 | Form 5500 | 70 | $68.3M |
| 2024 | Form 5500 | 64 | $62.4M |
| 2025 | Form 5500 | 62 | $60.5M |
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 Unlikely to sell soon
- Headcount down 21% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Northcutt Chevrolet-Buick is a family-owned Chevrolet dealership in Enid, Oklahoma, selling new and used vehicles and providing service, parts and body shop care to the local community and surrounding areas.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Chevrolet · brand it sells or installs
- BrightDrop · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NORTHCUTT CHEVROLET-BUICK, LLC this business | $146.3M | — |
| Trenton Pryor Northcutt Auto Group Enid | $22.5M | 0.0 mi |
| Michael Winterbank at Northcutt Auto Group Enid | $22.5M | 0.0 mi |
| Stevens Ford Enid | $22.5M | 0.1 mi |
| Max Brewer Car Sales Enid | $22.5M | 0.1 mi |
| RLS INC Enid · 69 employees | $84.0M | 0.1 mi |
| Ryan Martin at Northcutt Auto Group Enid | $22.5M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 96 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $122.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $134.3M |
| Estimate: the two combined (geometric mean) | $146.3M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $5.2M |
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 | $27.2M |
| Multiple for this size and industry | 5.2× |
| Value range | $14.3M – $37.3M |
| Revenue range | $96.2M – $166.8M |
| EBITDA range | $3.4M – $6.0M |
| 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
History & advisors
Advisors
- BankingStride 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
| Stride Bank, National Association PPP 2020 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.2M | 96 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Northcutt Chevrolet-Buick, LLC
Northcutt Chevrolet-Buick, LLC is a family-owned car dealers company in Enid, Oklahoma, in business since 2024. It is owned by Chris R. (Business Owner). Its estimated annual revenue is about $146.3M, with roughly $5.2M of EBITDA. It has about 62 employees. Its estimated business value is $27.2M (likely range $14.3M–$37.3M).
Common questions
- Who owns Northcutt Chevrolet-Buick, LLC?
- Northcutt Chevrolet-Buick, LLC is owned by Chris R. (Business Owner), according to public sources such as the company's website or filings.
- How much revenue does Northcutt Chevrolet-Buick, LLC make?
- SeeBITDA estimates Northcutt Chevrolet-Buick, LLC's annual revenue at about $146.3M (likely between $96.2M and $166.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Northcutt Chevrolet-Buick, LLC worth?
- About $27.2M, roughly 5.2× its estimated EBITDA of $5.2M, typical for a car dealers company its size. Likely range: $14.3M–$37.3M.
- How many employees does Northcutt Chevrolet-Buick, LLC have?
- About 62, from its 2025 retirement-plan filing.
- When was Northcutt Chevrolet-Buick, LLC founded?
- Northcutt Chevrolet-Buick, LLC has been in business since 2024.