Garcia Electric, Inc.
How we got $330K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| GARCIA ELECTRIC, INC. this business | $1.3M | — |
| PHIL HUGHES ELECTRIC, INC. Cleveland · 5 employees | $1.4M | 2.6 mi |
| Thomco Electric Llc Cleveland | $1.8M | 2.8 mi |
| Airman Services Heating & Cooling Terlton | $1.8M | 5.3 mi |
| MCBRIDE ESCO L.L.C. Mannford · 2 employees | $640K | 5.6 mi |
| A PLUS SERVICE, INC. Mannford · 7 employees | $2.2M | 5.6 mi |
| BIRCHWOOD ELECTRIC, INC. Mannford · 2 employees | $584K | 5.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $988K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $165K |
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 | $330K |
| Multiple for this size and industry | 2× |
| Value range | $174K – $451K |
| Revenue range | $846K – $1.5M |
| EBITDA range | $108K – $188K |
| 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 Roles are as stated there and may be out of date.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 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 |
|---|---|---|---|
| 4/6/2020 | first | $42K | 4 |
| 1/20/2021 | second | $42K | 4 |
About Garcia Electric, Inc.
Garcia Electric, Inc. is an electricians company in Cleveland, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $165K of EBITDA. It has about 4 employees. Its estimated business value is $330K (likely range $174K–$451K).
Common questions
- Who owns Garcia Electric, Inc.?
- The owner of Garcia 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 Garcia Electric, Inc. make?
- SeeBITDA estimates Garcia Electric, Inc.'s annual revenue at about $1.3M (likely between $846K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garcia Electric, Inc. worth?
- About $330K, roughly 2× its estimated EBITDA of $165K, typical for a electricians company its size. Likely range: $174K–$451K.
- How many employees does Garcia Electric, Inc. have?
- About 4, as reported on its PPP loan.