SeeBITDAOklahoma

Rnc Golf Cart Co DBA Baker Golf Car Co.

  • 4618 US HIGHWAY 59, Grove, OK
Estimated valueMedium confidence
$209K
$110Klikely range$286K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.9M
a year
Profit (EBITDA)
$104K
5% of revenue
Employees
2
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $209K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $1.0M each$2.1M
PPP payroll ÷ payroll's usual share of revenue$1.3M
Shown toward the top of its range×1.14
Revenue$1.9M
× 5% profit margin$104K
× 2 sale multiple = value$209K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 43% since 2020
$0$120K$240K20202026

Today'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

BusinessEst. revenueEst. profitDistance
RNC GOLF CART CO DBA BAKER GOLF CAR CO.
this business
$1.9M$104K—
DEMMITT MARINE, LLC
Grove · 10 employees
$7.4M$327K1.4 mi
THE GOLF CART GUYZ LLC
Afton · 1 employees
$986K$60K4.6 mi
DICK LANE'S OF GRAND LAKE, INC
Afton · 14 employees
$14.7M$602K10.1 mi
GRAND LAKE DETAIL, LLC
Afton · 1 employees
$1.0M$62K11.3 mi
STAC INC
Ketchum · 3 employees
$2.2M$119K14.1 mi
ARROWHEAD INV. & DEVL. CO DBA ARROWHEAD YACHT
Ketchum
$82.9M$3.0M14.6 mi

The full calculation

Employees reported to the SBA2
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)$1.3M
Estimate: the two combined (geometric mean)$1.9M
EBITDA margin (industry, adjusted for size)5%
EBITDA = revenue × margin$104K

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$209K
Multiple for this size and industry2×
Value range$110K – $286K
Revenue range$1.3M – $2.2M
EBITDA range$69K – $119K
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

People & advisors

Advisors

  • BankingGrand Savings 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

Grand Savings Bank
PPP 2020
All 196 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$11K$11K2Grand Savings Bank

About Rnc Golf Cart Co DBA Baker Golf Car Co.

Rnc Golf Cart Co DBA Baker Golf Car Co. is a car dealers company in Grove, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $104K of EBITDA. It has about 2 employees. Its estimated business value is $209K (likely range $110K–$286K).

Common questions

Who owns Rnc Golf Cart Co DBA Baker Golf Car Co.?
The owner of Rnc Golf Cart Co DBA Baker Golf Car Co. 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 Rnc Golf Cart Co DBA Baker Golf Car Co. make?
SeeBITDA estimates Rnc Golf Cart Co DBA Baker Golf Car Co.'s annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Rnc Golf Cart Co DBA Baker Golf Car Co. worth?
About $209K, roughly 2× its estimated EBITDA of $104K, typical for a car dealers company its size. Likely range: $110K–$286K.
How many employees does Rnc Golf Cart Co DBA Baker Golf Car Co. have?
About 2, as reported on its PPP loan.