American Propane Gas Company
How we got $2.4M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 90 years (since 1936)
- Founder still runs it after 90 years
From public records and the company's website, not a statement that it's for sale.
What they do
American Propane is a family-owned and operated business in Oklahoma City offering propane delivery, propane filling, custom outdoor kitchens, grills, smokers, and parts and service. It serves homeowners and outdoor cooking customers.
From the company's website. Industry: Wholesale trade.
Customers & suppliers
Suppliers & brands
- Big Green Egg · brand it sells or installs
- Primo · brand it sells or installs
- Hasty-Bake · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| American Propane Gas Company this business | $9.6M | — |
| Blue Rhino Propane Exchange Oklahoma City | $9.6M | 0.1 mi |
| CONSOLIDATED BUILDERS SUPPLY, INC. Oklahoma City · 29 employees | $35.2M | 0.1 mi |
| COMMERCIAL LUBRICATORS INC. Oklahoma City · 5 employees | $71.4M | 0.1 mi |
| DARWIN MOTORCYCLES, L.L.C. Oklahoma City · 1 employees | $4.8M | 0.3 mi |
| Old Home Rescue Oklahoma City | $9.6M | 0.3 mi |
| OIL FILTER COMPANY INC Oklahoma City · 5 employees | $3.3M | 0.4 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 | $2.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $509K – $4.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Wholesale trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.
| Revenue range | $2.6M – $16.0M |
| EBITDA range | $177K – $1.1M |
| Industry (NAICS) | Wholesale trade (42) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Founded by Jim Grigsby in 1936, American Propane opened its doors as the first propane retail store in Oklahoma.”
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 American Propane Gas Company
American Propane Gas Company is a family-owned wholesale trade company in Oklahoma City, Oklahoma, in business since 1936. It is owned by Jim Grigsby (Founder). Its estimated annual revenue is about $9.6M, with roughly $660K of EBITDA. Its estimated business value is $2.4M (likely range $509K–$4.7M).
Common questions
- Who owns American Propane Gas Company?
- American Propane Gas Company is owned by Jim Grigsby (Founder), according to public sources such as the company's website or filings.
- How much revenue does American Propane Gas Company make?
- SeeBITDA estimates American Propane Gas Company's annual revenue at about $9.6M (likely between $2.6M and $16.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Propane Gas Company worth?
- About $2.4M, roughly 3.6× its estimated EBITDA of $660K, typical for a wholesale trade company its size. Likely range: $509K–$4.7M.
- When was American Propane Gas Company founded?
- American Propane Gas Company has been in business since 1936.
- Is American Propane Gas Company for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 90 years (since 1936); founder still runs it after 90 years.