SeeBITDAOklahoma

New Hope Retirement & Care Center

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly
  • 1220 E Electric Ave, Mcalester, OK
  • Since 2016
Estimated valueLow confidence
$791K
$239Klikely range$1.2M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.8M
a year
Profit (EBITDA)
$264K
7% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records

How we got $791K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical continuing care retirement communities and assisted living facilities for the elderly business in Oklahoma$3.8M
Revenue$3.8M
× 7% profit margin$264K
× 3 sale multiple = value$791K

· Own this business? Correct these figures

What we know

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

What they do

New Hope is a locally owned retirement and care center in McAlester, OK, providing skilled nursing and long-term care alongside a residential center of 22 renovated studio apartments.

Products & services
Personalized care planCable and WIFI internetThree nutritious meals and snacks provided everydayTransportation for health and personal needsPhysical, occupational, and speech therapyAssistance to outside servicesComplete wheelchair accessibilityCommons areas with library and computer accessLaundry serviceHousekeepingChurch serviceSpacious studio apartment
Markets served
Skilled nursing and long-term care
Service area
McAlester, OK
Certifications
VA approvedPrivate pay and Medicaid accepted

From the company's website. Industry: Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
New Hope Retirement & Care Center
this business
$3.8M$264K—
McAlester Nursing Center
Mcalester
$3.8M$264K0.5 mi
McAlester Regional Health Center Van Buren House
Mcalester
$3.8M$264K0.7 mi
Mitchell Manor Convalescent Home
Mcalester
$3.8M$264K1.5 mi
Heritage Hills Living & Rehab
Mcalester
$3.8M$264K2.1 mi
Walnut Grove Living Center
Mcalester
$3.8M$264K3.1 mi
Beare Manor
Hartshorne
$3.8M$264K13.2 mi

The full calculation

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$791K
Multiple for this size and industry3×
Value range$239K – $1.2M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.

Revenue range$1.4M – $4.9M
EBITDA range$100K – $338K
Industry (NAICS)Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About New Hope Retirement & Care Center

New Hope Retirement & Care Center is a continuing care retirement communities and assisted living facilities for the elderly company in Mcalester, Oklahoma, in business since 2016. Its estimated annual revenue is about $3.8M, with roughly $264K of EBITDA. Its estimated business value is $791K (likely range $239K–$1.2M).

Common questions

Who owns New Hope Retirement & Care Center?
The owner of New Hope Retirement & Care Center 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 New Hope Retirement & Care Center make?
SeeBITDA estimates New Hope Retirement & Care Center's annual revenue at about $3.8M (likely between $1.4M and $4.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is New Hope Retirement & Care Center worth?
About $791K, roughly 3× its estimated EBITDA of $264K, typical for a continuing care retirement communities and assisted living facilities for the elderly company its size. Likely range: $239K–$1.2M.
When was New Hope Retirement & Care Center founded?
New Hope Retirement & Care Center has been in business since 2016.