Lester Sales Company Inc
How we got $207K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 29 years (since 1997)
- Founder still runs it after 29 years
From public records and the company's website, not a statement that it's for sale.
What they do
Lester Sales Company is an electrical products manufacturers representative, serving as a sales agency since 1958 for electrical product manufacturers in its territories.
From the company's website. Industry: Auto repair.
Customers & suppliers
Suppliers & brands
- American Conduit · brand it sells or installs
- Apar Cable Solutions · brand it sells or installs
- Bridgeport Fittings, Inc · brand it sells or installs
- BRK · brand it sells or installs
- Cantex · brand it sells or installs
- Core Transformers · brand it sells or installs
- ECN Korns · brand it sells or installs
- Electri-Flex · brand it sells or installs
- Emerson / Appleton Group · brand it sells or installs
- Ericson · brand it sells or installs
- Federal Signal · brand it sells or installs
- G&G · brand it sells or installs
- Galvan Electrical · brand it sells or installs
- G-Strut · brand it sells or installs
- Glasmasters · brand it sells or installs
Estimated value over time
▲ 39% 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 |
|---|---|---|
| LESTER SALES COMPANY INC this business | $557K | — |
| CHAMPION MUFFLER & REPAIR LLC Oklahoma City · 3 employees | $586K | 0.0 mi |
| RAY'S GARAGE LLC Oklahoma City · 1 employees | $202K | 0.1 mi |
| DAVID'S BUGGY BATH OF OKLAHOMA CITY, INC. Oklahoma City · 3 employees | $443K | 0.1 mi |
| SOUTHSIDE DETAIL INC Oklahoma City · 20 employees | $2.4M | 0.1 mi |
| Di Vasquez Auto Shop Oklahoma City | $1.4M | 0.2 mi |
| Izaguirre Off Road Wheel Repair Oklahoma City | $1.4M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $545K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $437K |
| Estimate: the two combined (geometric mean) | $557K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $90K |
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 | $207K |
| Multiple for this size and industry | 2.3× |
| Value range | $109K – $283K |
| Revenue range | $366K – $635K |
| EBITDA range | $59K – $103K |
| Industry (NAICS) | Automotive Body, Paint, and Interior Repair and Maintenance (811121) |
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
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $12K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lester Sales Company Inc
Lester Sales Company Inc is an auto repair company in Oklahoma City, Oklahoma, in business since 1997. It is owned by Ernie Lester (Founder). Its estimated annual revenue is about $557K, with roughly $90K of EBITDA. It has about 2 employees. Its estimated business value is $207K (likely range $109K–$283K).
Common questions
- Who owns Lester Sales Company Inc?
- Lester Sales Company Inc is owned by Ernie Lester (Founder), according to public sources such as the company's website or filings.
- How much revenue does Lester Sales Company Inc make?
- SeeBITDA estimates Lester Sales Company Inc's annual revenue at about $557K (likely between $366K and $635K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lester Sales Company Inc worth?
- About $207K, roughly 2.3× its estimated EBITDA of $90K, typical for a auto repair company its size. Likely range: $109K–$283K.
- How many employees does Lester Sales Company Inc have?
- About 2, as reported on its PPP loan.
- When was Lester Sales Company Inc founded?
- Lester Sales Company Inc has been in business since 1997.
- Is Lester Sales Company Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 29 years (since 1997); founder still runs it after 29 years.