SeeBITDAOklahoma

Turnbow Trailers, Inc.

Travel Trailer and Camper Manufacturing
  • 115 W BROADWAY, Oilton, OK
  • Since 1960
  • Family-owned
  • NAICS 336214
Estimated valueMedium confidence
$1.0M
$545Klikely range$1.4M
About 3.2× its yearly profit, typical for a company this size in its industry.
Revenue
$2.5M
a year
Profit (EBITDA)
$323K
13% of revenue
Employees
7
reported in 2020
Leadership
Carl Turnbow
Owner · source
Likely to sell
  • Grace Turnbow
    Co-founder; in the office every day overseeing the operation · Company website

How we got $1.0M

Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.

7 employees × $321K each$2.2M
PPP payroll ÷ payroll's usual share of revenue$2.2M
Shown toward the top of its range×1.14
Revenue$2.5M
× 13% profit margin$323K
× 3.2 sale multiple = value$1.0M

· Own this business? Correct these figures

Estimated value over time

▼ 13% since 2020
$0$683K$1.4M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 66 years (since 1960)
  • Founder still runs it after 66 years
  • Family in the business (Grace Turnbow, Co-founder; in the office every day overseeing the operation)

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

What they do

Turnbow Trailers is a family-owned manufacturer of custom luxury horse trailers, living quarters trailers and slant load horse trailers, also offering parts, service and repairs, based in Oilton, Oklahoma.

Products & services
Mare & Foal TrailersHead To Head TrailersHead To Head Professional TransporterSlant LoadReverse Slant LoadReverse Slant Load Bumper Pull2 Horse Straight LoadCustom TrailersLiving Quarters TrailersSlat Sided TrailersTurnbow Equine Rescue SystemHorse Trailer Maintenance
Markets served
Commercial Horse transportation MarketThoroughbred ownersequestrian
Service area
Oklahomaacross the nation

From the company's website. Industry: Travel Trailer and Camper Manufacturing.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Marketing & advertising

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
TURNBOW TRAILERS, INC.
this business
$2.5M$323K—
RCO FABRICATION, LLC
Cushing · 12 employees
$4.8M$562K8.6 mi
POWERHOUSE TRUCKBEDS & TRAILERS LLC
Stillwater · 5 employees
$2.4M$307K22.0 mi
Luxury Exotic Customs and Replicas
Tulsa
$1.4M$189K31.6 mi
TRI-STATE TRANSPORATION, LLC
Tulsa · 8 employees
$5.4M$628K35.6 mi
BADAC Adventure Co
Tulsa
$22.5M$987K41.1 mi
Crownline Truck Beds By Ground Zero
Perry
$1.4M$215K41.8 mi

The full calculation

Employees reported to the SBA7
Revenue from headcount (employees × revenue per employee for companies this size)$2.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.2M
Estimate: the two combined (geometric mean)$2.5M
EBITDA margin (industry, adjusted for size)13%
EBITDA = revenue × margin$323K

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$1.0M
Multiple for this size and industry3.2×
Value range$545K – $1.4M
Revenue range$1.7M – $2.9M
EBITDA range$213K – $369K
Industry (NAICS)Travel Trailer and Camper Manufacturing (336214)

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

Founded 1960 by Carl and Grace TurnbowFamily-owned
“Carl and Grace Turnbow started Turnbow Trailers in 1960, armed with nothing more than a little cash, lots of guts and a dream.”

Advisors

  • BankingGrand Savings Bank, First National Bank & Trust Company of McAlesterPPP / 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

First National Bank & Trust Company of McAlester
PPP 2021
All 248 borrowers →
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
4/7/2020first$54K$54K7Grand Savings Bank
1/22/2021second$54K$54K7First National Bank & Trust Company of McAlester

Public records

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

About Turnbow Trailers, Inc.

Turnbow Trailers, Inc. is a family-owned travel trailer and camper manufacturing company in Oilton, Oklahoma, in business since 1960. It is owned by Carl Turnbow. Its estimated annual revenue is about $2.5M, with roughly $323K of EBITDA. It has about 7 employees. Its estimated business value is $1.0M (likely range $545K–$1.4M).

Common questions

Who owns Turnbow Trailers, Inc.?
Turnbow Trailers, Inc. is owned by Carl Turnbow, according to public sources such as the company's website or filings.
How much revenue does Turnbow Trailers, Inc. make?
SeeBITDA estimates Turnbow Trailers, Inc.'s annual revenue at about $2.5M (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 Turnbow Trailers, Inc. worth?
About $1.0M, roughly 3.2× its estimated EBITDA of $323K, typical for a travel trailer and camper manufacturing company its size. Likely range: $545K–$1.4M.
How many employees does Turnbow Trailers, Inc. have?
About 7, as reported on its PPP loan.
When was Turnbow Trailers, Inc. founded?
Turnbow Trailers, Inc. has been in business since 1960.
Is Turnbow Trailers, Inc. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 66 years (since 1960); founder still runs it after 66 years; family in the business (grace turnbow, co-founder; in the office every day overseeing the operation).