Fred Jones Enterprises, LLC
How we got $20.3M
Based on its 104 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 88 years (since 1938)
- Investment from Argonaut Private Equity (2022)
From public records and the company's website, not a statement that it's for sale.
What they do
Fred Jones Enterprises is a family owned business headquartered in Oklahoma City, Oklahoma, formed in 1938, involved in manufacturing, distribution, and servicing vehicles in the automotive parts industry.
From the company's website. Industry: Motor Vehicle Supplies and New Parts Merchant Wholesalers.
Ownership & transactions
- Majority investment from Argonaut Private Equity · Mar 2022Pitchbook reports that Argonaut Private Equity invested in Fred Jones Enterprises, with the company acquired on 01-Mar-2022.Source
Customers & suppliers
Suppliers & brands
- Ford · brand it sells or installs
Estimated value over time
▲ 6% since 2020Today'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
| Business | Est. revenue | Distance |
|---|---|---|
| FRED JONES ENTERPRISES, LLC this business | $65.2M | — |
| NEWCASTLE SALVAGE LLC Oklahoma City · 4 employees | $1.1M | 1.9 mi |
| LANEX.BID, LLC Oklahoma City · 6 employees | $12.5M | 2.5 mi |
| RPM PERFORMANCE PRODUCTS, INC. Oklahoma City · 3 employees | $1.9M | 2.6 mi |
| J & R EQUIPMENT LLC Oklahoma City · 21 employees | $9.4M | 2.6 mi |
| DEALERS AUTO AUCTION OF OKC, INC Oklahoma City · 153 employees | $342.6M | 2.9 mi |
| DEVAULTS ONE INC Oklahoma City · 9 employees | $4.0M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 104 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $54.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $77.3M |
| Estimate: the two combined (geometric mean) | $65.2M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $3.9M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 15% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $20.3M |
| Multiple for this size and industry | 5.2× |
| Value range | $12.2M – $31.7M |
| Revenue range | $48.9M – $84.7M |
| EBITDA range | $2.9M – $5.1M |
| Industry (NAICS) | Motor Vehicle Supplies and New Parts Merchant Wholesalers (423120) |
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
“FJE was originally formed in 1938 and has been involved in every aspect of the automotive parts industry including manufacturing, distribution, and servicing vehicles.”
Advisors
- BankingFirstBankPPP / 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
| FirstBank PPP 2020 | All 263 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $1.6M | 104 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Fred Jones Enterprises, LLC
Fred Jones Enterprises, LLC is a family-owned motor vehicle supplies and new parts merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1938. Its estimated annual revenue is about $65.2M, with roughly $3.9M of EBITDA. It has about 104 employees. Its estimated business value is $20.3M (likely range $12.2M–$31.7M).
Common questions
- Who owns Fred Jones Enterprises, LLC?
- The owner of Fred Jones Enterprises, LLC 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 Fred Jones Enterprises, LLC make?
- SeeBITDA estimates Fred Jones Enterprises, LLC's annual revenue at about $65.2M (likely between $48.9M and $84.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fred Jones Enterprises, LLC worth?
- About $20.3M, roughly 5.2× its estimated EBITDA of $3.9M, typical for a motor vehicle supplies and new parts merchant wholesalers company its size. Likely range: $12.2M–$31.7M.
- How many employees does Fred Jones Enterprises, LLC have?
- About 104, as reported on its PPP loan.
- When was Fred Jones Enterprises, LLC founded?
- Fred Jones Enterprises, LLC has been in business since 1938.