SeeBITDAOklahoma

Fronk Oil Co Inc

Retail Trade
  • 431 US-54, Guymon, OK
  • Since 1947
  • Family-owned, 2nd generation
Estimated valueLow confidence
$653K
$316Klikely range$929K
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$5.2M
a year
Profit (EBITDA)
$272K
5% of revenue
Employees
—
not reported
Texas Virgil Simpson
Owner · source
Likely to sell

How we got $653K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical retail trade business in Oklahoma$5.2M
Revenue$5.2M
× 5% profit margin$272K
× 2.4 sale multiple = value$653K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 79 years (since 1947)
  • 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

Fronk Oil Co, Inc is a family-owned-and-operated company since 1947 that supplies refined fuels, lubricants, propane and freight transportation to agriculture, construction, fleet, industrial and repair shop customers.

Products & services
Refined FuelsDiesel FuelsGasolinesJet FuelsAviation GasolinesSolventMethanolPropaneBulkBottlesCylinder ExchangeTank Rental
Markets served
AgricultureConstructionFleetsIndustrialRepair ShopsOil and gas industryRefineries, plants, processing, manufacturing
Service area
SouthWest KansasTexas PanhandleOklahoma Panhandle

From the company's website. Industry: Retail Trade.

Customers & suppliers

Suppliers & brands

  • Phillips 66 · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Farms & ranches
Oil & gas

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Fronk Oil Co Inc
this business
$5.2M$272K—
Phillips 66 Gas
Guymon
$5.2M$272K0.1 mi
Zippys
Guymon
$5.2M$272K0.1 mi
Nuestra Tierra Supermarket
Guymon
$3.0M$203K0.1 mi
AutoZone
Guymon
$2.3M$126K0.1 mi
GUYMON STANDARD SUPPLY INC
Guymon · 5 employees
$3.4M$402K0.2 mi
Big R Stores
Guymon
$4.2M$498K0.2 mi

The full calculation

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$653K
Multiple for this size and industry2.4×
Value range$316K – $929K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (5%). Treat these as a rough guide.

Revenue range$3.1M – $6.1M
EBITDA range$165K – $323K
Industry (NAICS)Retail Trade (447)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

People & advisors

Founded 1947 by Vernon FronkFamily-owned · 2nd generation
“Fronk oil Started as Booker Oil.”

Leadership

  • KF
    Keith Fronk
    President · Company website · source
  • SF
    Sheri Fronk
    Office Manager · Company website · source
  • SH
    Sulie Harper
    Tax Reporting and HR · Company website · source
  • SF
    Skylar Fronk
    Transportation and Logistics · Company website · source
  • DV
    Dustin Vance
    Transport Dispatch · Company website · source
  • DD
    Deann Dooley
    Transport Dispatch Clerk · Company website · source
  • AB
    Andrew Boyles
    Product Specialist · Company website · source
  • SM
    Sam Meller
    Booker Bobtail Dispatcher · Company website · source
  • TI
    TJ Ipson
    Hugoton Dispatch & Sales · Company website · source
  • JK
    JoAnn Kasza
    Fritch Dispatcher · Company website · source
  • KC
    Kyle Clayton
    Seiling Manager · Company website · source
  • JR
    Jeff Roe
    Woodward Dispatch · Company website · source

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.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Fronk Oil Co Inc

Fronk Oil Co Inc is a family-owned retail trade company in Guymon, Oklahoma, in business since 1947. It is owned by Texas Virgil Simpson. Its estimated annual revenue is about $5.2M, with roughly $272K of EBITDA. Its estimated business value is $653K (likely range $316K–$929K).

Common questions

Who owns Fronk Oil Co Inc?
Fronk Oil Co Inc is owned by Texas Virgil Simpson, according to public sources such as the company's website or filings.
How much revenue does Fronk Oil Co Inc make?
SeeBITDA estimates Fronk Oil Co Inc's annual revenue at about $5.2M (likely between $3.1M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Fronk Oil Co Inc worth?
About $653K, roughly 2.4× its estimated EBITDA of $272K, typical for a retail trade company its size. Likely range: $316K–$929K.
When was Fronk Oil Co Inc founded?
Fronk Oil Co Inc has been in business since 1947.
Is Fronk Oil Co Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 79 years (since 1947); no family successor named on its website.