SeeBITDAOklahoma

Oklahoma Golf Cars

  • 2606 NW 32nd St, Newcastle, OK
  • Since 2006
Estimated valueLow confidence
$3.0M
$366Klikely range$6.8M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$22.7M
a year
Profit (EBITDA)
$996K
4% of revenue
Employees
—
not reported
Steve Thomas
Owner · source
Unlikely to sell soon

How we got $3.0M

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

A typical car dealers business in Oklahoma$22.7M
Revenue$22.7M
× 4% profit margin$996K
× 3 sale multiple = value$3.0M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 20 years (since 2006)

From public records and the company's website, not a statement that it's for sale.

What they do

Oklahoma Golf Cars, in Newcastle, OK, sells new and used golf cars, customizes them, sells parts and accessories, and offers golf car service and repair. It presents itself as a one-stop solution for golf car needs.

Products & services
New and used golf carsCustom golf carsParts and accessoriesTrailersGolf car servicePaintRepairMaintenanceOil ChangeSpark PlugsAir CleanerFuel Filter (Gas Cars)
Service area
Newcastle, OK
Certifications
Authorized and certified technicians

From the company's website. Industry: Car dealers.

Customers & suppliers

Suppliers & brands

  • Yamaha · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Oklahoma Golf Cars
this business
$22.7M$996K—
SnapAutos
Newcastle
$22.7M$996K0.1 mi
Rvyeah
Newcastle
$22.7M$996K0.2 mi
Castle Auto Sales
Newcastle
$22.7M$996K0.9 mi
STUCARS INC
Newcastle · 2 employees
$2.3M$126K1.0 mi
Tom Farrell's Trailer Sales
Newcastle
$22.7M$996K1.6 mi
GRECO MOTORS
Newcastle
$22.7M$996K2.2 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$3.0M
Multiple for this size and industry3×
Value range$366K – $6.8M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Automobile dealers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (4%). Treat these as a rough guide.

Revenue range$3.5M – $43.0M
EBITDA range$153K – $1.9M
Industry (NAICS)Automobile dealers (4411)

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 Oklahoma Golf Cars

Oklahoma Golf Cars is a car dealers company in Newcastle, Oklahoma, in business since 2006. It is owned by Steve Thomas. Its estimated annual revenue is about $22.7M, with roughly $996K of EBITDA. Its estimated business value is $3.0M (likely range $366K–$6.8M).

Common questions

Who owns Oklahoma Golf Cars?
Oklahoma Golf Cars is owned by Steve Thomas, according to public sources such as the company's website or filings.
How much revenue does Oklahoma Golf Cars make?
SeeBITDA estimates Oklahoma Golf Cars's annual revenue at about $22.7M (likely between $3.5M and $43.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Oklahoma Golf Cars worth?
About $3.0M, roughly 3× its estimated EBITDA of $996K, typical for a car dealers company its size. Likely range: $366K–$6.8M.
When was Oklahoma Golf Cars founded?
Oklahoma Golf Cars has been in business since 2006.