Spencer's Grocery
How we got $406K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 44 years (since 1982)
From public records and the company's website, not a statement that it's for sale.
What they do
Spencer's Grocery is a grocery store in Blanchard, OK that offers a weekly ad, digital coupons, recipes and a mobile app for shoppers.
From the company's website. Industry: Food and Beverage Retailers.
Customers & suppliers
Suppliers & brands
- Associated Wholesale Grocers · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Spencer's Grocery this business | $3.0M | — |
| Blanchard Drug & Gift Blanchard | $4.6M | 0.1 mi |
| Lions Gas & Go Blanchard | $5.2M | 0.1 mi |
| Red Cross Drug Blanchard | $4.6M | 0.2 mi |
| Resharp Blanchard | $4.2M | 0.4 mi |
| Robbins Ace of Blanchard LLC Blanchard | $4.1M | 0.4 mi |
| Ace Hardware Blanchard | $4.2M | 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 | $406K |
| Multiple for this size and industry | 2× |
| Value range | $151K – $637K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Food and Beverage Retailers 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 | $1.4M – $3.9M |
| EBITDA range | $94K – $265K |
| Industry (NAICS) | Food and Beverage Retailers (445) |
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
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 Roles are as stated there and may be out of date.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 Spencer's Grocery
Spencer's Grocery is a food and beverage retailers company in Blanchard, Oklahoma, in business since 1982. Its estimated annual revenue is about $3.0M, with roughly $203K of EBITDA. Its estimated business value is $406K (likely range $151K–$637K).
Common questions
- Who owns Spencer's Grocery?
- The owner of Spencer's Grocery 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 Spencer's Grocery make?
- SeeBITDA estimates Spencer's Grocery's annual revenue at about $3.0M (likely between $1.4M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer's Grocery worth?
- About $406K, roughly 2× its estimated EBITDA of $203K, typical for a food and beverage retailers company its size. Likely range: $151K–$637K.
- When was Spencer's Grocery founded?
- Spencer's Grocery has been in business since 1982.