Hunzicker Brothers Inc.
How we got $53.9M
Based on its 117 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
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.
Employees over time
▼ 21% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 117 | $76.9M |
| 2020 | Form 5500 | 100 | $65.8M |
| 2021 | Form 5500 | 97 | $63.8M |
| 2022 | Form 5500 | 97 | $63.8M |
| 2023 | Form 5500 | 96 | $63.1M |
| 2024 | Form 5500 | 96 | $63.1M |
| 2025 | Form 5500 | 93 | $61.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HUNZICKER BROTHERS INC. this business | $144.9M | — |
| EMSCO ELECTRIC SUPPLY CO., INC. Oklahoma City · 57 employees | $58.7M | 0.9 mi |
| COMPUTER DEALERS & RECYCLERS GLOBAL, INC. Oklahoma City | $49.3M | 1.2 mi |
| C2T INCORPORATED Oklahoma City · 5 employees | $7.4M | 2.9 mi |
| TRAVIS BUSINESS SYSTEMS INC Oklahoma City · 13 employees | $15.3M | 2.9 mi |
| INDUSTRIAL CONTROLS SOLUTIONS, LLC Oklahoma City · 8 employees | $6.4M | 3.0 mi |
| BUY BACK SOLUTIONS CORPORATION Oklahoma City · 4 employees | $5.7M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 117 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $136.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $117.9M |
| Estimate: the two combined (geometric mean) | $144.9M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $8.7M |
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 | $53.9M |
| Multiple for this size and industry | 6.2× |
| Value range | $28.4M – $73.7M |
| Revenue range | $95.3M – $165.2M |
| EBITDA range | $5.7M – $9.9M |
| 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
Advisors
- AccountingFinley & Cook PLLCAudits its 401(k) plan (2022 filing)
- BankingKirkpatrick 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
| Kirkpatrick Bank PPP 2020, PPP 2021 | All 258 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 | $1.7M | 117 |
| 1/16/2021 | second | $1.3M | 103 |
12 locations
| 501 N. Virginia | Oklahoma City | This listing |
| 810 S commerce St | Ardmore | View |
| 108 W Colorado Ave | Chickasha | View |
| 325 S 19th St | Clinton | View |
| 516 Ridley Rd | Duncan | View |
| 209 SE H Ave | Lawton | View |
| 106 Commercial Pkwy | Roland | View |
| 618 Ayre St | Shawnee | View |
| 618 Ayres St. | Shawnee | View |
| 707 E 3rd Ave | Stillwater | View |
| 907 S Detroit Ave Ste 1320 | Tulsa | View |
| 4605 B And B Dr | Woodward | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hunzicker Brothers Inc.
Hunzicker Brothers Inc. is an electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1997. It is owned by Myers Lockard (Chairman and CEO). Its estimated annual revenue is about $144.9M, with roughly $8.7M of EBITDA. It has about 93 employees. Its estimated business value is $53.9M (likely range $28.4M–$73.7M). It has 12 locations.
Common questions
- Who owns Hunzicker Brothers Inc.?
- Hunzicker Brothers Inc. is owned by Myers Lockard (Chairman and CEO), according to public sources such as the company's website or filings.
- How much revenue does Hunzicker Brothers Inc. make?
- SeeBITDA estimates Hunzicker Brothers Inc.'s annual revenue at about $144.9M (likely between $95.3M and $165.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hunzicker Brothers Inc. worth?
- About $53.9M, roughly 6.2× its estimated EBITDA of $8.7M, typical for a electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company its size. Likely range: $28.4M–$73.7M.
- How many employees does Hunzicker Brothers Inc. have?
- About 93, from its 2025 retirement-plan filing.
- When was Hunzicker Brothers Inc. founded?
- Hunzicker Brothers Inc. has been in business since 1997.