Pennington Hitch
How we got $3.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Pennington Hitch makes a trailer hitch with a patented rotating ball system that changes ball sizes without tools or pins, sold for people who tow trailers.
From the company's website. Industry: Car dealers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Pennington Hitch this business | $22.7M | — |
| KIAMICHI CHEVROLET, INC Broken Bow · 20 employees | $26.9M | 1.6 mi |
| James Hodge Chevrolet Of Broken Bow Broken Bow | $22.7M | 1.6 mi |
| HODGE AUTO GROUP, INC Broken Bow · 15 employees | $25.3M | 2.0 mi |
| James Hodge Dodge Chrysler Jeep Ram Broken Bow | $22.7M | 2.0 mi |
| Gibson Truck Sales and Services Broken Bow | $22.7M | 2.1 mi |
| Broadway Boats Broken Bow | $22.7M | 2.3 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 industry | 3× |
| Value range | $367K – $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
People & advisors
Leadership
- BPBrad PenningtonInventor · Company website · source
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 Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pennington Hitch
Pennington Hitch is a car dealers company in Broken Bow, Oklahoma, in business since 2023. Its estimated annual revenue is about $22.7M, with roughly $997K of EBITDA. Its estimated business value is $3.0M (likely range $367K–$6.8M).
Common questions
- Who owns Pennington Hitch?
- The owner of Pennington Hitch 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 Pennington Hitch make?
- SeeBITDA estimates Pennington Hitch'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 Pennington Hitch worth?
- About $3.0M, roughly 3× its estimated EBITDA of $997K, typical for a car dealers company its size. Likely range: $367K–$6.8M.
- When was Pennington Hitch founded?
- Pennington Hitch has been in business since 2023.