John Vance Motors, Inc.
How we got $28.9M
Based on its 92 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 19% 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.
Employees over time
▲ 175% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 92 | $89.7M |
| 2020 | Form 5500 | 208 | $202.9M |
| 2021 | Form 5500 | 229 | $223.4M |
| 2022 | Form 5500 | 235 | $229.2M |
| 2023 | Form 5500 | 240 | $234.1M |
| 2024 | Form 5500 | 238 | $232.1M |
| 2025 | Form 5500 | 253 | $246.8M |
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
Signs of a sale Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
What they do
John Vance Auto Group is a multi-location Oklahoma auto dealership group serving Oklahoma residents for over 40 years, with service, body shop, upfitting, insurance and mobility van divisions.
From the company's website. Industry: Car dealers.
Customers & suppliers
Customers
- Department of Veterans Affairs · federal contracts $1.4M
- Federal Acquisition Service · federal contracts $17K
- Oklahoma state agencies · named on its website
Suppliers & brands
- Ford · brand it sells or installs
- Lincoln · brand it sells or installs
- Chevrolet · brand it sells or installs
- Buick · brand it sells or installs
- GMC · brand it sells or installs
- Chrysler · brand it sells or installs
- Dodge · brand it sells or installs
- Jeep · brand it sells or installs
- Ram · brand it sells or installs
- Wagoneer · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JOHN VANCE MOTORS, INC. this business | $155.0M | — |
| Rams at Vance Guthrie | $22.5M | 0.0 mi |
| Jeep Guthrie | $22.5M | 0.0 mi |
| Vance Country Ford Guthrie | $1.4M | 0.0 mi |
| Jennifer Medina Vance Sales Consultant Guthrie | $22.5M | 0.1 mi |
| Eskridge Chevrolet Guthrie | $22.5M | 0.1 mi |
| Vance Fleet Services Guthrie | $1.4M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 92 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $117.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $157.5M |
| Estimate: the two combined (geometric mean) | $155.0M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $5.5M |
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 | $28.9M |
| Multiple for this size and industry | 5.2× |
| Value range | $15.2M – $39.5M |
| Revenue range | $102.0M – $176.8M |
| EBITDA range | $3.7M – $6.3M |
| Industry (NAICS) | New Car Dealers (441110) |
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
Advisors
- AccountingRose Rock CPAS, PLLCAudits its 401(k) plan (2025 filing)
- BankingPrime 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
| Prime Bank PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $1.4M | 92 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About John Vance Motors, Inc.
John Vance Motors, Inc. is a car dealers company in Guthrie, Oklahoma, in business since 2009. Its estimated annual revenue is about $155.0M, with roughly $5.5M of EBITDA. It has about 253 employees. Its estimated business value is $28.9M (likely range $15.2M–$39.5M).
Common questions
- Who owns John Vance Motors, Inc.?
- The owner of John Vance Motors, Inc. 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 John Vance Motors, Inc. make?
- SeeBITDA estimates John Vance Motors, Inc.'s annual revenue at about $155.0M (likely between $102.0M and $176.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is John Vance Motors, Inc. worth?
- About $28.9M, roughly 5.2× its estimated EBITDA of $5.5M, typical for a car dealers company its size. Likely range: $15.2M–$39.5M.
- How many employees does John Vance Motors, Inc. have?
- About 253, from its 2025 retirement-plan filing.
- When was John Vance Motors, Inc. founded?
- John Vance Motors, Inc. has been in business since 2009.