J & J Appliances
How we got $6.0M
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 30% 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
▲ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 16 | $12.5M |
| 2020 | Form 5500 | 4 | $3.1M |
| 2021 | Form 5500 | 13 | $10.2M |
| 2022 | Form 5500 | 13 | $10.2M |
| 2023 | Form 5500 | 14 | $11.0M |
| 2024 | Form 5500 | 15 | $11.8M |
| 2025 | Form 5500 | 18 | $14.1M |
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 |
|---|---|---|
| J & J APPLIANCES this business | $20.4M | — |
| B & B ELECTRIC CO. Tulsa · 9 employees | $7.1M | 0.9 mi |
| MAC'S ELECTRIC SUPPLY COMPANY INC Tulsa · 7 employees | $5.8M | 1.4 mi |
| ASSOCIATED PARTS & SUPPLY, INC. Tulsa · 6 employees | $8.3M | 1.5 mi |
| A-TECH INC Tulsa · 20 employees | $22.1M | 1.8 mi |
| DYNAMIC AUDIO DESIGNS, LLC Tulsa · 5 employees | $7.8M | 2.7 mi |
| SOUTHWESTERN BIOMEDICAL ELECTONICS, INC. Tulsa · 9 employees | $13.4M | 3.8 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $26.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.9M |
| Estimate: the two combined (geometric mean) | $20.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.4M |
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 | $6.0M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.2M – $8.2M |
| Revenue range | $13.4M – $23.2M |
| EBITDA range | $917K – $1.6M |
| Industry (NAICS) | Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers (423620) |
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
People & 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 2020 | 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 |
|---|---|---|---|
| 4/9/2020 | first | $115K | 16 |
About J & J Appliances
J & J Appliances is a household appliances, electric housewares, and consumer electronics merchant wholesalers company in Tulsa, Oklahoma. Its estimated annual revenue is about $20.4M, with roughly $1.4M of EBITDA. It has about 18 employees. Its estimated business value is $6.0M (likely range $3.2M–$8.2M).
Common questions
- Who owns J & J Appliances?
- The owner of J & J Appliances 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 J & J Appliances make?
- SeeBITDA estimates J & J Appliances's annual revenue at about $20.4M (likely between $13.4M and $23.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J & J Appliances worth?
- About $6.0M, roughly 4.3× its estimated EBITDA of $1.4M, typical for a household appliances, electric housewares, and consumer electronics merchant wholesalers company its size. Likely range: $3.2M–$8.2M.
- How many employees does J & J Appliances have?
- About 18, from its 2025 retirement-plan filing.