Eales Electronics Corp.
How we got $1.2M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- National Oceanic and Atmospheric Administration · federal contracts $562K
Estimated value over time
▼ 5% 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 |
|---|---|---|
| EALES ELECTRONICS CORP. this business | $3.3M | — |
| XPRESS CELLULAR REPAIR NORTH LLC Oklahoma City · 3 employees | $553K | 0.5 mi |
| PRESLEIGH BRITAN 2 LLC Oklahoma City · 4 employees | $1.5M | 0.6 mi |
| CONSORTIA SURGICAL SERVICES LLC Oklahoma City · 1 employees | $344K | 1.0 mi |
| MEDI-SOL LLC Oklahoma City · 10 employees | $3.5M | 3.2 mi |
| XPRESS DEVICE REPAIR LLC. Oklahoma City · 4 employees | $742K | 3.8 mi |
| WHAT IN THE CELLULAR L.L.C Oklahoma City · 1 employees | $239K | 4.5 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.3M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $412K |
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $650K – $1.7M |
| Revenue range | $2.2M – $3.8M |
| EBITDA range | $271K – $470K |
| Industry (NAICS) | Electronic and Precision Equipment Repair and Maintenance (811211) |
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
- BankingWatermark 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
| Watermark Bank PPP 2020 | All 109 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $108K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Eales Electronics Corp.
Eales Electronics Corp. is an electronic and precision equipment repair and maintenance company in Oklahoma City, Oklahoma, in business since 1999. Its estimated annual revenue is about $3.3M, with roughly $412K of EBITDA. It has about 10 employees. Its estimated business value is $1.2M (likely range $650K–$1.7M).
Common questions
- Who owns Eales Electronics Corp.?
- The owner of Eales Electronics Corp. 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 Eales Electronics Corp. make?
- SeeBITDA estimates Eales Electronics Corp.'s annual revenue at about $3.3M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eales Electronics Corp. worth?
- About $1.2M, roughly 3× its estimated EBITDA of $412K, typical for a electronic and precision equipment repair and maintenance company its size. Likely range: $650K–$1.7M.
- How many employees does Eales Electronics Corp. have?
- About 10, as reported on its PPP loan.
- When was Eales Electronics Corp. founded?
- Eales Electronics Corp. has been in business since 1999.