Northwest Golf Cars
How we got $283K
Based on its 2 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 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 43% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NORTHWEST GOLF CARS this business | $2.6M | — |
| COVINGTON'S CUSTOMS, LLC Woodward · 4 employees | $5.3M | 3.2 mi |
| SUPREME TRAILER SALES INC Thomas · 7 employees | $4.6M | 57.1 mi |
| JAZZY HORSE TRAILERS, INC. Hydro · 1 employees | $713K | 65.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $141K |
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 | $283K |
| Multiple for this size and industry | 2× |
| Value range | $149K – $387K |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $93K – $161K |
| Industry (NAICS) | Motorcycle, Boat, and Other Motor Vehicle Dealers (441228) |
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
- BankingThe Stock Exchange BankPPP / 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 Roles are as stated there and may be out of date.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 Stock Exchange Bank PPP 2020 | All 200 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $21K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Northwest Golf Cars
Northwest Golf Cars is a car dealers company in Woodward, Oklahoma, in business since 2004. Its estimated annual revenue is about $2.6M, with roughly $141K of EBITDA. It has about 2 employees. Its estimated business value is $283K (likely range $149K–$387K).
Common questions
- Who owns Northwest Golf Cars?
- The owner of Northwest Golf Cars 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 Northwest Golf Cars make?
- SeeBITDA estimates Northwest Golf Cars's annual revenue at about $2.6M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Northwest Golf Cars worth?
- About $283K, roughly 2× its estimated EBITDA of $141K, typical for a car dealers company its size. Likely range: $149K–$387K.
- How many employees does Northwest Golf Cars have?
- About 2, as reported on its PPP loan.
- When was Northwest Golf Cars founded?
- Northwest Golf Cars has been in business since 2004.