Mitchener Farrand Fine Jewelry, Inc.
How we got $1.6M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 46 years (since 1980)
- No family successor named on its website
- Headcount down 20% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Mitchener Farrand Jewelers is a Oklahoma City jewelry store selling diamonds, engagement rings, wedding bands and fine jewelry, and offering jewelry repair and custom design. It says it offers old-fashioned customer service and expertise.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- A.JAFFE · brand it sells or installs
- Bellarri · brand it sells or installs
- Carlex · brand it sells or installs
- CrownRing · brand it sells or installs
- Gabriel & Co. Bridal · brand it sells or installs
- Gabriel & Co. Fashion · brand it sells or installs
- Noam Carver · brand it sells or installs
- Trinity Cross · brand it sells or installs
Estimated value over time
▲ 15% 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
▼ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $2.7M |
| 2020 | Form 5500 | 10 | $3.0M |
| 2021 | Form 5500 | 7 | $2.1M |
| 2022 | Form 5500 | 6 | $1.8M |
| 2023 | Form 5500 | 7 | $2.1M |
| 2024 | Form 5500 | 8 | $2.4M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MITCHENER FARRAND FINE JEWELRY, INC. this business | $6.1M | — |
| PHOENIX INDUSTRIES LLC Oklahoma City · 3 employees | $1.8M | 0.9 mi |
| JEWELRY CONNECTION, INC. Oklahoma City · 1 employees | $643K | 1.3 mi |
| VALERIE NAIFEH FINE JEWELRY LLC Nichols Hills · 15 employees | $11.3M | 2.0 mi |
| JIWAN LLC Oklahoma City · 1 employees | $687K | 2.3 mi |
| OPALS INTERNATIONAL JEWELERS, INC. Warr Acres · 3 employees | $2.0M | 2.8 mi |
| CREDIT JEWELRY INC. Oklahoma City · 5 employees | $2.5M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.8M |
| Estimate: the two combined (geometric mean) | $6.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $527K |
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 | $1.6M |
| Multiple for this size and industry | 3× |
| Value range | $832K – $2.2M |
| Revenue range | $4.0M – $6.9M |
| EBITDA range | $347K – $601K |
| Industry (NAICS) | Retail Trade (448310) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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: approximate sector default. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“In 1980, after getting certified as a bench jeweler in Paris, Texas, Mark joined with Dave Farrand to open their own trade-shop in the basement of a building at 50th Street and May Avenue in Oklahoma City.”
Leadership
- DFDave FarrandCo-founder · Company website · source
Advisors
- BankingINTRUST 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
| INTRUST Bank, National Association PPP 2020 | All 170 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 | $111K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mitchener Farrand Fine Jewelry, Inc.
Mitchener Farrand Fine Jewelry, Inc. is a retail trade company in Oklahoma City, Oklahoma, in business since 1980. It is owned by Mark Mitchener (Co-founder). Its estimated annual revenue is about $6.1M, with roughly $527K of EBITDA. It has about 8 employees. Its estimated business value is $1.6M (likely range $832K–$2.2M).
Common questions
- Who owns Mitchener Farrand Fine Jewelry, Inc.?
- Mitchener Farrand Fine Jewelry, Inc. is owned by Mark Mitchener (Co-founder), according to public sources such as the company's website or filings.
- How much revenue does Mitchener Farrand Fine Jewelry, Inc. make?
- SeeBITDA estimates Mitchener Farrand Fine Jewelry, Inc.'s annual revenue at about $6.1M (likely between $4.0M and $6.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mitchener Farrand Fine Jewelry, Inc. worth?
- About $1.6M, roughly 3× its estimated EBITDA of $527K, typical for a retail trade company its size. Likely range: $832K–$2.2M.
- How many employees does Mitchener Farrand Fine Jewelry, Inc. have?
- About 8, from its 2024 retirement-plan filing.
- When was Mitchener Farrand Fine Jewelry, Inc. founded?
- Mitchener Farrand Fine Jewelry, Inc. has been in business since 1980.
- Is Mitchener Farrand Fine Jewelry, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 46 years (since 1980); no family successor named on its website; headcount down 20% since 2020 (retirement plan filings).