Metro-Tech Electrical Contract
How we got $2.8M
Based on its 29 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 36 years (since 1990)
- Founder still runs it after 36 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Metro Tech Electric is an Oklahoma electrical contractor with offices in Oklahoma City and Tulsa, offering commercial, industrial, residential and construction electrical services across the state.
From the company's website. Industry: Electricians.
Estimated value over time
▲ 22% 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 |
|---|---|---|
| METRO-TECH ELECTRICAL CONTRACT this business | $10.2M | — |
| Air Condition Oklahoma City | $1.8M | 0.2 mi |
| Roto-Rooter Plumbing & Drain Services Oklahoma City | $1.8M | 0.2 mi |
| Owens Service Electric Oklahoma City | $1.8M | 0.4 mi |
| MINNTECH ELECTRIC, LLC Oklahoma City · 13 employees | $3.4M | 0.4 mi |
| AAA ELECTRICAL CONTRACTOR INC Oklahoma City · 21 employees | $6.9M | 0.5 mi |
| Trane Supply Oklahoma City | $3.7M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.5M |
| Estimate: the two combined (geometric mean) | $10.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $949K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.9M |
| Revenue range | $6.7M – $11.6M |
| EBITDA range | $624K – $1.1M |
| 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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Metro Tech Electrical Contractors, Inc. was founded in 1990 by Alan Hadley.”
Leadership
- MBMichael BowmanPresident/CEO · Company website · source
- KBKimberly BowmanExecutive Vice President/CFO · Company website · source
- JSJoey SurowiakSr. Vice President, Construction · Company website · source
- HCHaley CoffmanVice President, Marketing · Company website · source
- GBGraham BrambleDirector, Field Operations · Company website · source
- CRCorey RainfordDirector, Mission Critical · Company website · source
- LKLinzey KoahouDirector, Construction · Company website · source
- SMSteve MarshburnDirector, Integrated Solutions · Company website · source
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 7(a) 2020, PPP 2020 | 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 |
|---|---|---|---|
| 4/11/2020 | first | $353K | 29 |
Public records
| Feb 2020 | 7(a) | $3.0M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Metro-Tech Electrical Contract
Metro-Tech Electrical Contract is an electricians company in Oklahoma City, Oklahoma, in business since 1990. It is owned by Alan Hadley (Founder). Its estimated annual revenue is about $10.2M, with roughly $949K of EBITDA. It has about 29 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).
Common questions
- Who owns Metro-Tech Electrical Contract?
- Metro-Tech Electrical Contract is owned by Alan Hadley (Founder), according to public sources such as the company's website or filings.
- How much revenue does Metro-Tech Electrical Contract make?
- SeeBITDA estimates Metro-Tech Electrical Contract's annual revenue at about $10.2M (likely between $6.7M and $11.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Metro-Tech Electrical Contract worth?
- About $2.8M, roughly 3× its estimated EBITDA of $949K, typical for a electricians company its size. Likely range: $1.5M–$3.9M.
- How many employees does Metro-Tech Electrical Contract have?
- About 29, as reported on its PPP loan.
- When was Metro-Tech Electrical Contract founded?
- Metro-Tech Electrical Contract has been in business since 1990.
- Is Metro-Tech Electrical Contract for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 36 years (since 1990); founder still runs it after 36 years; no family successor named on its website.