Lipscomb Chrysler Dodge Jeep Ram
How we got $3.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Lipscomb Chrysler Dodge Jeep Ram is a locally owned and operated Chrysler, Dodge, Jeep and Ram dealership in Elk City, Oklahoma, selling new and quality used vehicles and offering service, parts and financing.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Chrysler · brand it sells or installs
- Dodge · brand it sells or installs
- Jeep · brand it sells or installs
- Ram · brand it sells or installs
- Mopar · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Lipscomb Chrysler Dodge Jeep Ram this business | $22.5M | — |
| Big Elk Automotive & Exhaust Elk City | $22.5M | 0.8 mi |
| Windy Nissan Elk City | $22.5M | 1.1 mi |
| Gene Smith Chevrolet Buick GMC Elk City | $22.5M | 1.1 mi |
| Lipscomb Chevrolet GMC Elk City | $22.5M | 1.1 mi |
| JERRY'S AUTO SALES LLC Elk City · 2 employees | $2.1M | 1.2 mi |
| Old 66 Motors Elk City | $22.5M | 1.2 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 | $3.0M |
| Multiple for this size and industry | 3× |
| Value range | $347K – $6.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Automobile dealers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (4%). Treat these as a rough guide.
| Revenue range | $3.3M – $42.2M |
| EBITDA range | $145K – $1.9M |
| Industry (NAICS) | Automobile dealers (4411) |
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
History & advisors
“Lipscomb Chrysler Dodge Jeep Ram has been the Chrysler, Dodge, Jeep and Ram dealership Elk City drivers trust, and we've earned that trust over 50 years of straightforward deals.”
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 Lipscomb Chrysler Dodge Jeep Ram
Lipscomb Chrysler Dodge Jeep Ram is a car dealers company in Elk City, Oklahoma, in business since 2016. Its estimated annual revenue is about $22.5M, with roughly $987K of EBITDA. Its estimated business value is $3.0M (likely range $347K–$6.7M).
Common questions
- Who owns Lipscomb Chrysler Dodge Jeep Ram?
- The owner of Lipscomb Chrysler Dodge Jeep Ram isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Lipscomb Chrysler Dodge Jeep Ram make?
- SeeBITDA estimates Lipscomb Chrysler Dodge Jeep Ram's annual revenue at about $22.5M (likely between $3.3M and $42.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lipscomb Chrysler Dodge Jeep Ram worth?
- About $3.0M, roughly 3× its estimated EBITDA of $987K, typical for a car dealers company its size. Likely range: $347K–$6.7M.
- When was Lipscomb Chrysler Dodge Jeep Ram founded?
- Lipscomb Chrysler Dodge Jeep Ram has been in business since 2016.