SeeBITDAOklahoma

New Horizon Logistics LLC

Other Support Activities for Transportation
  • 6412 NW 161ST CT., Edmond, OK (approx.)
  • Since 2021
  • NAICS 488990
Estimated valueLow confidence
$40.0M
$20.9Mlikely range$58.7M
About 6.8× its yearly profit, typical for a company this size in its industry.
Revenue
$76.1M
a year
Profit (EBITDA)
$5.9M
8% of revenue
Employees
119
on its 2025 401(k) filing
Leadership
CHARLES FOFANG
Owner · source

How we got $40.0M

Based on 119 employees on its 2025 401(k) filing.

119 employees (2025 401(k) filing) × $640K each$76.1M
Revenue$76.1M
× 8% profit margin$5.9M
× 6.8 sale multiple = value$40.0M

· Own this business? Correct these figures

Estimated value over time

▲ 53% since 2023
$0$23.0M$45.9M2023202420252026

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

Employees over time

▲ 45% since 2023
010020020232024202582119
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2023Form 550082$16.0M$1.2M
2024Form 5500108$21.0M$1.6M
2025Form 5500119$23.2M$1.8M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

No PPP loan
401(k) filing, 2025
No reported financials
No website found
Owner named
Trucking registration (FMCSA)

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
NEW HORIZON LOGISTICS LLC
this business
$76.1M$5.9M—
KINGZ & QUEENZ TRANSPORT, LLC
Edmond · 5 employees
$2.9M$345K2.6 mi
FLINT LOGISTICS GROUP, LLC
Oklahoma City
$45.4M$4.0M4.3 mi
MERCY CARE TASK LLC
Oklahoma City · 4 employees
$1.4M$176K6.0 mi
JJ LIVESTOCK TRANSPORTATION LLC
Oklahoma City · 1 employees
$823K$107K9.4 mi
ECO NATIONAL LLC
Del City · 2 employees
$936K$122K10.5 mi
AMAZING GH EXPRESS LTD CO
Oklahoma City · 3 employees
$1.8M$214K11.1 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date: prices are 10% higher than in the benchmark's year, both included above.

Estimated value = EBITDA × typical sale multiple$40.0M
Multiple for this size and industry6.8×
Value range$20.9M – $58.7M
Employees in its retirement plan (2025 Form 5500)119
Industry revenue per employee$195K
Revenue = employees × revenue per employee$76.1M
EBITDA margin (industry, adjusted for size)8%
EBITDA = revenue × margin$5.9M

Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.

Revenue range$49.7M – $93.2M
EBITDA range$3.8M – $7.2M
Industry (NAICS)Other Support Activities for Transportation (488990)

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. These are statistical estimates, not reported financials. Listing details come from the company's Form 5500 retirement-plan filing. Full methodology

Public records

DOT motor carrier
USDOT 3722746
Trucks (power units)11
Drivers13
Miles (2022)530,000
Registered with DOT2021

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

About New Horizon Logistics LLC

New Horizon Logistics LLC is an other support activities for transportation company in Edmond, Oklahoma, in business since 2021. It is owned by CHARLES FOFANG. Its estimated annual revenue is about $76.1M, with roughly $5.9M of EBITDA. It has about 119 employees. Its estimated business value is $40.0M (likely range $20.9M–$58.7M).

Common questions

Who owns New Horizon Logistics LLC?
New Horizon Logistics LLC is owned by CHARLES FOFANG, according to public sources such as the company's website or filings.
How much revenue does New Horizon Logistics LLC make?
SeeBITDA estimates New Horizon Logistics LLC's annual revenue at about $76.1M (likely between $49.7M and $93.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is New Horizon Logistics LLC worth?
About $40.0M, roughly 6.8× its estimated EBITDA of $5.9M, typical for a other support activities for transportation company its size. Likely range: $20.9M–$58.7M.
How many employees does New Horizon Logistics LLC have?
About 119, from its 2025 retirement-plan filing.
When was New Horizon Logistics LLC founded?
New Horizon Logistics LLC has been in business since 2021.