Jumbo II, LLC
How we got $3.7M
Based on its 60 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
What they do
JUMBO II is a Western Union agent location at 221 S 30th St in Enid, OK, where customers can send money and pick up cash. The pages are a Western Union location listing and contain no other business information.
From the company's website. Industry: Supermarkets and Other Grocery Retailers (except Convenience Retailers).
Estimated value over time
▲ 33% 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 |
|---|---|---|
| JUMBO II, LLC this business | $20.6M | — |
| ABRAHAM CHOI LLC Enid · 2 employees | $1.2M | 1.4 mi |
| LOAVES AND FISHES OF NORTHWEST OKLAHOMA, INC. Enid · 4 employees | $1.9M | 1.8 mi |
| MAC'S MART #2, INC. Enid · 4 employees | $2.4M | 2.1 mi |
| LEE STORE LLC Enid · 3 employees | $1.9M | 2.8 mi |
| LAUGHING BUDDHA LLC Enid · 4 employees | $1.6M | 3.1 mi |
| J-ONE CONVENIENCE LLC Enid · 2 employees | $898K | 3.1 mi |
The full calculation
| Employees reported to the SBA | 60 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.9M |
| Estimate: the two combined (geometric mean) | $20.6M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $1.0M |
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 | $3.7M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.0M – $5.1M |
| Revenue range | $13.6M – $23.5M |
| EBITDA range | $681K – $1.2M |
| Industry (NAICS) | Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110) |
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
- BankingStride Bank, National AssociationPPP / 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
| Stride Bank, National Association PPP 2020 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $233K | 60 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jumbo II, LLC
Jumbo II, LLC is a supermarkets and other grocery retailers (except convenience retailers) company in Enid, Oklahoma, in business since 1995. It is owned by Western Union. Its estimated annual revenue is about $20.6M, with roughly $1.0M of EBITDA. It has about 60 employees. Its estimated business value is $3.7M (likely range $2.0M–$5.1M).
Common questions
- Who owns Jumbo II, LLC?
- Jumbo II, LLC is owned by Western Union, according to public sources such as the company's website or filings.
- How much revenue does Jumbo II, LLC make?
- SeeBITDA estimates Jumbo II, LLC's annual revenue at about $20.6M (likely between $13.6M and $23.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jumbo II, LLC worth?
- About $3.7M, roughly 3.6× its estimated EBITDA of $1.0M, typical for a supermarkets and other grocery retailers (except convenience retailers) company its size. Likely range: $2.0M–$5.1M.
- How many employees does Jumbo II, LLC have?
- About 60, as reported on its PPP loan.
- When was Jumbo II, LLC founded?
- Jumbo II, LLC has been in business since 1995.