Bob Dooley Electric, Inc.
How we got $780K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 46 years (since 1980)
- 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
Bob Dooley Electric is a Tulsa, Oklahoma electrical contractor offering residential, commercial and industrial electrical services, serving homes, businesses and industries in the Greater Tulsa Metro Area.
From the company's website. Industry: Electricians.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 5 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 4 mi · $467.7M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 4 mi · $326.7M
- BKG INDUSTRIES, LLC · Stigler, 75 mi · $318.2M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 4 mi · $315.1M
- THE HAWTHORN GROUP, INC. · Tulsa, 11 mi · $437.3M
- CUSTOM COMMODITIES, INC · Vinita, 60 mi · $137.0M
- EAGLE REDI-MIX CONCRETE LLC · Tulsa, 4 mi · $111.7M
- MILLER TRUCK LINES LLC · Stroud, 43 mi · $106.6M
- JCT HOLDING CO LLC · Sapulpa, 13 mi · $101.6M
- Laredo Petroleum · Tulsa, 4 mi · $1.95B
- Aaon, Inc. · Tulsa, 2 mi · $1.44B
- JCL SAFETY SERVICES, LLC · Tulsa, 10 mi · $1.02B
- XCALIBER INTERNATIONAL, LTD · Pryor, 45 mi · $615.3M
- KELVION INC. · Catoosa, 18 mi · $614.3M
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BOB DOOLEY ELECTRIC, INC. this business | $2.8M | — |
| QUEST PLUMBING INC Tulsa · 6 employees | $1.7M | 0.4 mi |
| Advanced Communications & Electric Tulsa | $1.8M | 0.8 mi |
| BK PLUMBING & HVAC LLC Tulsa · 12 employees | $2.9M | 0.9 mi |
| AIR DUCT, INC. Tulsa · 6 employees | $2.0M | 1.1 mi |
| Lawson Electric Inc Tulsa | $1.8M | 1.5 mi |
| BUILDING ELECTRICAL SYSTEMS, INC. Tulsa · 56 employees | $20.7M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $325K |
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 | $780K |
| Multiple for this size and industry | 2.4× |
| Value range | $411K – $1.1M |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $214K – $371K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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
People & advisors
“Owned and operated by James and Jamie May since 2023, our company continues a legacy built on hard work and a commitment to treating every customer like part of our family.”
Advisors
- BankingAmerican Heritage BankPPP / 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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $110K | 8 |
| 1/23/2021 | second | $89K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bob Dooley Electric, Inc.
Bob Dooley Electric, Inc. is a family-owned electricians company in Tulsa, Oklahoma, in business since 1980. It is owned by Jamie May. Its estimated annual revenue is about $2.8M, with roughly $325K of EBITDA. It has about 9 employees. Its estimated business value is $780K (likely range $411K–$1.1M).
Common questions
- Who owns Bob Dooley Electric, Inc.?
- Bob Dooley Electric, Inc. is owned by Jamie May, according to public sources such as the company's website or filings.
- How much revenue does Bob Dooley Electric, Inc. make?
- SeeBITDA estimates Bob Dooley Electric, Inc.'s annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bob Dooley Electric, Inc. worth?
- About $780K, roughly 2.4× its estimated EBITDA of $325K, typical for a electricians company its size. Likely range: $411K–$1.1M.
- How many employees does Bob Dooley Electric, Inc. have?
- About 9, as reported on its PPP loan.
- When was Bob Dooley Electric, Inc. founded?
- Bob Dooley Electric, Inc. has been in business since 1980.
- Is Bob Dooley Electric, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 46 years (since 1980); no family successor named on its website.