Economy Supply, Inc.
How we got $5.0M
Based on its 20 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 86 years (since 1940)
- 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
Economy Supply is a supplier of electrical, plumbing, and oilfield merchandise, stocking a wide variety of products so customers can keep operating at full production and minimize downtime.
From the company's website. Industry: Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 64 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 64 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 67 mi · $711.7M
- T/J INSPECTION, INC. · Del City, 65 mi · $651.7M
- EXPLORER PIPELINE COMPANY · Tulsa, 36 mi · $619.2M
Estimated value over time
▲ 36% 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 |
|---|---|---|
| ECONOMY SUPPLY, INC. this business | $16.9M | — |
| WILEY TRANSFORMER COMPANY INC. Cushing · 6 employees | $5.5M | 8.3 mi |
| ADVANCED ELECTRICAL REBUILDERS OF OK Sapulpa · 4 employees | $5.2M | 26.8 mi |
| STILLWATER DESIGNS & AUTIO, IN Stillwater · 192 employees | $225.7M | 26.8 mi |
| INTERSTATE ELECTRIC CORPORATION Sand Springs · 15 employees | $12.7M | 26.8 mi |
| INTERNATIONAL CUSTOM CONTROLS, LLC Tulsa · 24 employees | $27.3M | 27.8 mi |
| FRAC 1 ENTERPRISES INC. Tulsa · 3 employees | $3.2M | 31.0 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $18.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.0M |
| Estimate: the two combined (geometric mean) | $16.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.0M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.6M – $6.8M |
| Revenue range | $11.1M – $19.2M |
| EBITDA range | $760K – $1.3M |
| Industry (NAICS) | Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers (423610) |
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
“Starting as a small, family-owned business over 75 years ago, Economy Supply located at 102 E. Main St., Oilton, OK has flourished into one of the most successful wholesale distributorships in central Oklahoma.”
Leadership
Advisors
- BankingRCB 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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $204K | 20 |
| 1/21/2021 | second | $231K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Economy Supply, Inc.
Economy Supply, Inc. is a family-owned electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company in Oilton, Oklahoma, in business since 1940. It is owned by Thomas Coffey. Its estimated annual revenue is about $16.9M, with roughly $1.2M of EBITDA. It has about 20 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Economy Supply, Inc.?
- Economy Supply, Inc. is owned by Thomas Coffey, according to public sources such as the company's website or filings.
- How much revenue does Economy Supply, Inc. make?
- SeeBITDA estimates Economy Supply, Inc.'s annual revenue at about $16.9M (likely between $11.1M and $19.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Economy Supply, Inc. worth?
- About $5.0M, roughly 4.3× its estimated EBITDA of $1.2M, typical for a electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company its size. Likely range: $2.6M–$6.8M.
- How many employees does Economy Supply, Inc. have?
- About 20, as reported on its PPP loan.
- When was Economy Supply, Inc. founded?
- Economy Supply, Inc. has been in business since 1940.
- Is Economy Supply, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 86 years (since 1940); no family successor named on its website.