SeeBITDAOklahoma

Freedom Electric Services, Inc.

  • 26 S PARK STREET, Sapulpa, OK
  • Since 2017
Estimated valueMedium confidence
$382K
$201Klikely range$523K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.5M
a year
Profit (EBITDA)
$191K
13% of revenue
Employees
7
reported in 2020
Jonathan and Sharleen Dupee
Owners · source
Unlikely to sell soon

How we got $382K

Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.

7 employees × $222K each$1.6M
PPP payroll ÷ payroll's usual share of revenue$1.1M
Shown toward the top of its range×1.14
Revenue$1.5M
× 13% profit margin$191K
× 2 sale multiple = value$382K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • Family in the business (Sharleen Dupee, Owner)

From public records and the company's website, not a statement that it's for sale.

What they do

Freedom Electrical Services, Inc. is a locally owned electrical contractor based in Sapulpa, OK, providing lighting and electrical services to residential and commercial clients in the Tulsa metro area.

Products & services
interior/exterior electrical wiring for new homesindoor/outdoor power and outlet upgradeselectric car power plug installsLED lighting upgradeswhole home generator installationgenerator plug installshot tub wiring and installationoutdoor light and fan upgradeshome security and yard lighting
Markets served
residentialcommercial real estatecommercial
Service area
Sapulpa, OKTulsaTulsa MetroBroken ArrowGreen CountryOklahoma
Certifications
licensed and experienced electricians

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.

Real estate

Estimated value over time

▲ 22% since 2020
$0$220K$440K20202026

Today'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

BusinessEst. revenueEst. profitDistance
FREEDOM ELECTRIC SERVICES, INC.
this business
$1.5M$191K—
FREEDOM ELECTRICAL SERVICES INC
Sapulpa · 7 employees
$1.6M$184K0.0 mi
City Wide Plumbing
Sapulpa
$1.8M$237K0.6 mi
ACE AIR INC
Sapulpa · 14 employees
$5.3M$557K0.6 mi
Raby Plumbing, Inc.
Sapulpa
$1.8M$237K0.7 mi
Locke Wholesale Heating & Cooling
Sapulpa
$3.7M$428K0.8 mi
PRIDE ELECTRIC, LLC
Sapulpa · 25 employees
$5.1M$537K0.9 mi

The full calculation

Employees reported to the SBA7
Revenue from headcount (employees × revenue per employee for companies this size)$1.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.1M
Estimate: the two combined (geometric mean)$1.5M
EBITDA margin (industry, adjusted for size)13%
EBITDA = revenue × margin$191K

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$382K
Multiple for this size and industry2×
Value range$201K – $523K
Revenue range$980K – $1.7M
EBITDA range$126K – $218K
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

Leadership

  • SD
    Sharleen Dupee
    Owner · Company website · source

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
All 446 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$40K$40K7American Heritage Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Freedom Electric Services, Inc.

Freedom Electric Services, Inc. is an electricians company in Sapulpa, Oklahoma, in business since 2017. It is owned by Jonathan and Sharleen Dupee (Owners). Its estimated annual revenue is about $1.5M, with roughly $191K of EBITDA. It has about 7 employees. Its estimated business value is $382K (likely range $201K–$523K).

Common questions

Who owns Freedom Electric Services, Inc.?
Freedom Electric Services, Inc. is owned by Jonathan and Sharleen Dupee (Owners), according to public sources such as the company's website or filings.
How much revenue does Freedom Electric Services, Inc. make?
SeeBITDA estimates Freedom Electric Services, Inc.'s annual revenue at about $1.5M (likely between $980K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Freedom Electric Services, Inc. worth?
About $382K, roughly 2× its estimated EBITDA of $191K, typical for a electricians company its size. Likely range: $201K–$523K.
How many employees does Freedom Electric Services, Inc. have?
About 7, as reported on its PPP loan.
When was Freedom Electric Services, Inc. founded?
Freedom Electric Services, Inc. has been in business since 2017.