Goodwin Electric LLC
How we got $134K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 16% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Goodwin Industrial Electric is a Richmond, BC-based industrial electrical contractor serving industrial facilities in Vancouver, the Lower Mainland, and other areas of British Columbia. It has provided electrical installations, maintenance, emergency response, controls and automation, and engineering support since 1961.
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.
- LOVE BOTTLING COMPANY · Muskogee, 61 mi · $99.4M
- ACME ENGINEERING AND MANUFACTURING CORPORATION · Muskogee, 62 mi · $86.5M
- PROFORM GROUP INC. · Muskogee, 61 mi · $82.9M
- STAN-MEL INDUSTRIES, INCORPORATED · Pocola, 14 mi · $35.7M
- CUSTOM SEATING, INC. · Muskogee, 59 mi · $34.6M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GOODWIN ELECTRIC LLC this business | $445K | — |
| COPELAND ELECTRIC LLC Poteau · 3 employees | $687K | 2.8 mi |
| REACTION ELECTRIC, LLC. Poteau · 5 employees | $1.1M | 2.8 mi |
| MCCLENDON HOME, LLC Poteau · 1 employees | $437K | 2.9 mi |
| SCONYERS HEAT & AIR LLC Poteau · 1 employees | $226K | 3.2 mi |
| SCONYERS HEATING AND AIR LLC Poteau · 1 employees | $226K | 3.2 mi |
| RICHARD GENEVIE Poteau · 1 employees | $306K | 3.4 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $247K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $617K |
| Estimate: the two combined (geometric mean) | $445K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $67K |
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 | $134K |
| Multiple for this size and industry | 2× |
| Value range | $70K – $183K |
| Revenue range | $293K – $507K |
| EBITDA range | $44K – $76K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
History & advisors
Advisors
- BankingArvest 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
| Arvest Bank PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2021 | first | $20K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Goodwin Electric LLC
Goodwin Electric LLC is an electricians company in Cameron, Oklahoma, in business since 2001. It is owned by Perry McDougall (President). Its estimated annual revenue is about $445K, with roughly $67K of EBITDA. It has about 1 employees. Its estimated business value is $134K (likely range $70K–$183K).
Common questions
- Who owns Goodwin Electric LLC?
- Goodwin Electric LLC is owned by Perry McDougall (President), according to public sources such as the company's website or filings.
- How much revenue does Goodwin Electric LLC make?
- SeeBITDA estimates Goodwin Electric LLC's annual revenue at about $445K (likely between $293K and $507K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Goodwin Electric LLC worth?
- About $134K, roughly 2× its estimated EBITDA of $67K, typical for a electricians company its size. Likely range: $70K–$183K.
- How many employees does Goodwin Electric LLC have?
- About 1, as reported on its PPP loan.
- When was Goodwin Electric LLC founded?
- Goodwin Electric LLC has been in business since 2001.