SeeBITDAOklahoma

Good Electrical Services Inc

  • 66 LOCKWOOD LN, Ardmore, OK
Estimated valueMedium confidence
$314K
$165Klikely range$429K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.2M
a year
Profit (EBITDA)
$157K
13% of revenue
Employees
6
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $314K

Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.

6 employees × $222K each$1.3M
PPP payroll ÷ payroll's usual share of revenue$860K
Shown toward the top of its range×1.14
Revenue$1.2M
× 13% profit margin$157K
× 2 sale multiple = value$314K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 22% since 2020
$0$180K$361K20202026

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
GOOD ELECTRICAL SERVICES INC
this business
$1.2M$157K—
DICKSON AIR CONDITIONING AND HEATING INC.
Ardmore · 2 employees
$427K$64K0.6 mi
EAGLE HEATING AIR CONDITIONING & PLUMBING LLC
Ardmore · 6 employees
$1.0M$129K3.0 mi
BRYAN MARR PLUMBING, LLC
Ardmore · 4 employees
$1.2M$159K4.0 mi
Ninja Co. Heat & Air
Ardmore
$1.8M$237K4.2 mi
QUALITY ELECTRIC CONSTRUCTION & MAINTENANCE INC
Ardmore · 31 employees
$10.7M$999K4.3 mi
TEXOMA POWER LLC
Ardmore · 1 employees
$272K$41K4.6 mi

The full calculation

Employees reported to the SBA6
Revenue from headcount (employees × revenue per employee for companies this size)$1.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$860K
Estimate: the two combined (geometric mean)$1.2M
EBITDA margin (industry, adjusted for size)13%
EBITDA = revenue × margin$157K

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$314K
Multiple for this size and industry2×
Value range$165K – $429K
Revenue range$804K – $1.4M
EBITDA range$103K – $179K
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

  • BankingCitizens Bank and Trust Company of ArdmorePPP / 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

Citizens Bank and Trust Company of Ardmore
PPP 2020, PPP 2021
All 181 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$31K$32K6Citizens Bank and Trust Company of Ardmore
2/9/2021second$46K$46K6Citizens Bank and Trust Company of Ardmore

About Good Electrical Services Inc

Good Electrical Services Inc is an electricians company in Ardmore, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $157K of EBITDA. It has about 6 employees. Its estimated business value is $314K (likely range $165K–$429K).

Common questions

Who owns Good Electrical Services Inc?
The owner of Good Electrical Services 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 Good Electrical Services Inc make?
SeeBITDA estimates Good Electrical Services Inc's annual revenue at about $1.2M (likely between $804K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Good Electrical Services Inc worth?
About $314K, roughly 2× its estimated EBITDA of $157K, typical for a electricians company its size. Likely range: $165K–$429K.
How many employees does Good Electrical Services Inc have?
About 6, as reported on its PPP loan.