Jones Eyecare Associates PC
- Dr. Julie JonesOptometrist, owner · Company website
How we got $2.3M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 22% 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
▲ 43% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 14 | $1.9M |
| 2020 | Form 5500 | 15 | $2.0M |
| 2021 | Form 5500 | 12 | $1.6M |
| 2022 | Form 5500 | 9 | $1.2M |
| 2023 | Form 5500 | 17 | $2.3M |
| 2024 | Form 5500 | 18 | $2.4M |
| 2025 | Form 5500 | 20 | $2.7M |
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 Some signs of a sale
- In business 33 years (since 1993)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Jones Eyecare Associates is a family business owned by Oklahoma City optometrists Dr. Ed Jones and Dr. Julie Jones, providing eye exams for eyeglasses and contact lenses in the Oklahoma City metro area since 1993.
From the company's website. Industry: Offices of Optometrists.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JONES EYECARE ASSOCIATES PC this business | $3.2M | — |
| Oklahoma Spine Institute Oklahoma City | $990K | 0.5 mi |
| Eyes On Walker Oklahoma City | $990K | 0.6 mi |
| Physical Therapy Central Oklahoma City | $990K | 0.7 mi |
| ALISSA CANON Oklahoma City | $990K | 0.7 mi |
| Oklahoma Pain & Injury Centers Oklahoma City | $990K | 0.7 mi |
| Dr. Maxwell Oklahoma City | $990K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $616K |
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 | $2.3M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.2M – $3.2M |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $405K – $702K |
| Industry (NAICS) | Offices of Optometrists (621320) |
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
“We have been providing professional eyecare services in the Oklahoma City metro area since 1993.”
Advisors
- BankingWebBankPPP / 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
| WebBank PPP 2020 | All 158 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $119K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jones Eyecare Associates PC
Jones Eyecare Associates PC is a family-owned offices of optometrists company in Oklahoma City, Oklahoma, in business since 1993. It is owned by Dr. Ed Jones (Co-Owner). Its estimated annual revenue is about $3.2M, with roughly $616K of EBITDA. It has about 20 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Jones Eyecare Associates PC?
- Jones Eyecare Associates PC is owned by Dr. Ed Jones (Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does Jones Eyecare Associates PC make?
- SeeBITDA estimates Jones Eyecare Associates PC's annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jones Eyecare Associates PC worth?
- About $2.3M, roughly 3.8× its estimated EBITDA of $616K, typical for a offices of optometrists company its size. Likely range: $1.2M–$3.2M.
- How many employees does Jones Eyecare Associates PC have?
- About 20, from its 2025 retirement-plan filing.
- When was Jones Eyecare Associates PC founded?
- Jones Eyecare Associates PC has been in business since 1993.