Candle Electric Inc
How we got $322K
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% since 2021Today'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 |
|---|---|---|
| CANDLE ELECTRIC INC this business | $1.3M | — |
| R & R PLUMBING LLC Tulsa · 21 employees | $5.8M | 0.3 mi |
| Lawson Electric Inc Tulsa | $1.8M | 1.5 mi |
| BUILDING ELECTRICAL SYSTEMS, INC. Tulsa · 56 employees | $20.7M | 1.5 mi |
| QUEST PLUMBING INC Tulsa · 6 employees | $1.7M | 2.5 mi |
| J & L PLUMBING LLC Sand Springs · 3 employees | $650K | 2.6 mi |
| Keystone Electric Inc. Sand Springs | $1.8M | 2.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $161K |
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 | $322K |
| Multiple for this size and industry | 2× |
| Value range | $169K – $440K |
| Revenue range | $825K – $1.4M |
| EBITDA range | $106K – $183K |
| 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
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 Roles are as stated there and may be out of date.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 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 |
|---|---|---|---|
| 1/21/2021 | first | $40K | 5 |
About Candle Electric Inc
Candle Electric Inc is an electricians company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $161K of EBITDA. It has about 5 employees. Its estimated business value is $322K (likely range $169K–$440K).
Common questions
- Who owns Candle Electric Inc?
- The owner of Candle Electric Inc 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 Candle Electric Inc make?
- SeeBITDA estimates Candle Electric Inc's annual revenue at about $1.3M (likely between $825K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Candle Electric Inc worth?
- About $322K, roughly 2× its estimated EBITDA of $161K, typical for a electricians company its size. Likely range: $169K–$440K.
- How many employees does Candle Electric Inc have?
- About 5, as reported on its PPP loan.