Lighthouse Electric LLC
How we got $5.7M
Based on 83 employees on its 2025 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 2% 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
▼ 18% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 101 | $19.6M |
| 2020 | Form 5500 | 84 | $16.3M |
| 2021 | Form 5500 | 91 | $17.6M |
| 2022 | Form 5500 | 89 | $17.2M |
| 2023 | Form 5500 | 89 | $17.2M |
| 2024 | Form 5500 | 89 | $17.2M |
| 2025 | Form 5500 | 83 | $16.1M |
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 |
|---|---|---|
| LIGHTHOUSE ELECTRIC LLC this business | $18.3M | — |
| EATON INDUSTRIAL COATINGS LLC Tulsa · 15 employees | $4.1M | 0.6 mi |
| TORCH SERVICE COMPANY, LLC Owasso · 13 employees | $3.7M | 2.1 mi |
| Air Solutions Owasso | $937K | 2.6 mi |
| OWASSO AUTO CARE Owasso · 3 employees | $1.3M | 2.6 mi |
| BRENT DEBOER Owasso · 31 employees | $8.8M | 2.6 mi |
| DALE AND LEE'S SERVICE, INC. Owasso · 26 employees | $6.6M | 2.6 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $5.7M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.7M – $10.3M |
| Employees in its retirement plan (2025 Form 5500) | 83 |
| Industry revenue per employee | $194K |
| Revenue = employees × revenue per employee | $18.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.6M |
| For comparison: employees reported for PPP (2020) | 101 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $14.6M – $27.4M |
| EBITDA range | $1.3M – $2.4M |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $1.2M | 101 |
| 2/17/2021 | second | $1.2M | 87 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lighthouse Electric LLC
Lighthouse Electric LLC is an electricians company in Tulsa, Oklahoma, in business since 2008. It is owned by James Eric Miller. Its estimated annual revenue is about $18.3M, with roughly $1.6M of EBITDA. It has about 83 employees. Its estimated business value is $5.7M (likely range $3.7M–$10.3M).
Common questions
- Who owns Lighthouse Electric LLC?
- Lighthouse Electric LLC is owned by James Eric Miller, according to public sources such as the company's website or filings.
- How much revenue does Lighthouse Electric LLC make?
- SeeBITDA estimates Lighthouse Electric LLC's annual revenue at about $18.3M (likely between $14.6M and $27.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lighthouse Electric LLC worth?
- About $5.7M, roughly 3.6× its estimated EBITDA of $1.6M, typical for a electricians company its size. Likely range: $3.7M–$10.3M.
- How many employees does Lighthouse Electric LLC have?
- About 83, from its 2025 retirement-plan filing.
- When was Lighthouse Electric LLC founded?
- Lighthouse Electric LLC has been in business since 2008.