Keeley Electronics, Inc
How we got $5.2M
Based on its 33 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 23 years (since 2003)
- Founder still runs it after 23 years
From public records and the company's website, not a statement that it's for sale.
What they do
Keeley Electronics designs and builds guitar effects pedals in the USA, offering new pedals, custom shop editions, archived models, and repairs for guitarists and musicians.
From the company's website. Industry: Musical Instrument Manufacturing.
Customers & suppliers
Suppliers & brands
- AMS · brand it sells or installs
- Chicago Music Exchange · brand it sells or installs
- Coast Sonic Pedal Providers · brand it sells or installs
- GearTree · brand it sells or installs
- Guitar Center · brand it sells or installs
- Heavy Metal FX · brand it sells or installs
- Macdaddy Music · brand it sells or installs
- Music & Arts · brand it sells or installs
- Musician's Friend · brand it sells or installs
- Pulse To Tone Music · brand it sells or installs
- Quimper Sound Records & Guitars · brand it sells or installs
- Sam Ash · brand it sells or installs
- Shane Star Guitars & Gear · brand it sells or installs
- Sweetwater · brand it sells or installs
- Stompbox Sonic · brand it sells or installs
Estimated value over time
▼ 6% 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 |
|---|---|---|
| KEELEY ELECTRONICS, INC this business | $8.0M | — |
| SIGNS TO GO LLC Edmond · 4 employees | $773K | 1.0 mi |
| SEATBELTPLANET.COM Edmond · 10 employees | $4.0M | 1.7 mi |
| GENERAL LIGHTING & SIGN SERVICES, INC. Edmond · 15 employees | $3.8M | 2.4 mi |
| JOURNEY QUILT COMPANY LLC Edmond · 8 employees | $2.8M | 3.3 mi |
| M & M POOLS & SPAS, INC. Edmond · 1 employees | $504K | 4.0 mi |
| GENMARK CORPORATION Edmond · 2 employees | $572K | 4.4 mi |
The full calculation
| Employees reported to the SBA | 33 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $8.0M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.2M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.7M – $7.1M |
| Revenue range | $5.2M – $9.1M |
| EBITDA range | $726K – $1.3M |
| Industry (NAICS) | Musical Instrument Manufacturing (339992) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Keeley Electronics began more than 20 years ago with Robert Keeley and a kitchen table.”
Advisors
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 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 | $276K | 33 |
2 locations
| 1733 S. Fretz Ave., Suite C | Edmond | This listing |
| 14 NW 132nd St | Oklahoma City | 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 Keeley Electronics, Inc
Keeley Electronics, Inc is a musical instrument manufacturing company in Edmond, Oklahoma, in business since 2003. It is owned by Robert Keeley. Its estimated annual revenue is about $8.0M, with roughly $1.1M of EBITDA. It has about 33 employees. Its estimated business value is $5.2M (likely range $2.7M–$7.1M). It has 2 locations.
Common questions
- Who owns Keeley Electronics, Inc?
- Keeley Electronics, Inc is owned by Robert Keeley, according to public sources such as the company's website or filings.
- How much revenue does Keeley Electronics, Inc make?
- SeeBITDA estimates Keeley Electronics, Inc's annual revenue at about $8.0M (likely between $5.2M and $9.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Keeley Electronics, Inc worth?
- About $5.2M, roughly 4.7× its estimated EBITDA of $1.1M, typical for a musical instrument manufacturing company its size. Likely range: $2.7M–$7.1M.
- How many employees does Keeley Electronics, Inc have?
- About 33, as reported on its PPP loan.
- When was Keeley Electronics, Inc founded?
- Keeley Electronics, Inc has been in business since 2003.