Benson Sound Inc
How we got $271K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 22% 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.
What we know
Signs of a sale Likely to sell
- In business 27 years (since 1999)
- Founder still runs it after 27 years
- 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
Benson Sound was an audio recording studio and audio-visual installation company that operated for 55 years before closing in 2023 after the loss of founder Larry Benson.
From the company's website. Industry: Electricians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BENSON SOUND INC this business | $1.1M | — |
| Low Voltage Solutions Oklahoma City | $1.9M | 1.6 mi |
| HOLLOWELL PLUMBING, INC. Oklahoma City · 12 employees | $3.2M | 1.7 mi |
| MID-CONTINENT GROUP, LLC Oklahoma City · 23 employees | $11.5M | 1.9 mi |
| SKY TOWER LLC Oklahoma City · 6 employees | $1.2M | 1.9 mi |
| Scissortail Energy Oklahoma City | $1.9M | 1.9 mi |
| Ace's Three Plumbing & Heating Oklahoma City | $1.9M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $643K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $136K |
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 | $271K |
| Multiple for this size and industry | 2× |
| Value range | $143K – $371K |
| Revenue range | $695K – $1.2M |
| EBITDA range | $89K – $155K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Larry Benson started Benson Sound in the late 60s as a recording studio based on his experience within the field of music.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $23K | 4 |
| 2/10/2021 | second | $23K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Benson Sound Inc
Benson Sound Inc is an electricians company in Oklahoma City, Oklahoma, in business since 1999. It is owned by Larry Benson (Founder). Its estimated annual revenue is about $1.1M, with roughly $136K of EBITDA. It has about 6 employees. Its estimated business value is $271K (likely range $143K–$371K).
Common questions
- Who owns Benson Sound Inc?
- Benson Sound Inc is owned by Larry Benson (Founder), according to public sources such as the company's website or filings.
- How much revenue does Benson Sound Inc make?
- SeeBITDA estimates Benson Sound Inc's annual revenue at about $1.1M (likely between $695K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Benson Sound Inc worth?
- About $271K, roughly 2× its estimated EBITDA of $136K, typical for a electricians company its size. Likely range: $143K–$371K.
- How many employees does Benson Sound Inc have?
- About 6, as reported on its PPP loan.
- When was Benson Sound Inc founded?
- Benson Sound Inc has been in business since 1999.
- Is Benson Sound Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 27 years (since 1999); founder still runs it after 27 years; no family successor named on its website.