Michael's Custom Electric LLC
How we got $125K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% since 2021Today'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 |
|---|---|---|
| MICHAEL'S CUSTOM ELECTRIC LLC this business | $415K | — |
| AND LLC Oklahoma City · 1 employees | $614K | 0.2 mi |
| CUSTOM PLUMPING BY CHRIS, LLC Oklahoma City · 29 employees | $9.5M | 0.2 mi |
| Custom Plumbing By Chris Norman | $1.8M | 0.7 mi |
| NORMAN HEATING & AIR CONDITIONING, LLC Norman · 24 employees | $8.2M | 0.8 mi |
| ACCEL ELECTRIC & LIGHTING, LLC Norman · 9 employees | $2.9M | 1.0 mi |
| RHINO HEATING AND AIR CONDITIONING LLC Oklahoma City · 5 employees | $1.0M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $247K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $536K |
| Estimate: the two combined (geometric mean) | $415K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $62K |
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 | $125K |
| Multiple for this size and industry | 2× |
| Value range | $66K – $171K |
| Revenue range | $273K – $473K |
| EBITDA range | $41K – $71K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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
- BankingTrue Sky FCUPPP / 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 Roles are as stated there and may be out of date.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
| True Sky FCU PPP 2021 | All 149 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/30/2021 | first | $18K | 1 |
About Michael's Custom Electric LLC
Michael's Custom Electric LLC is an electricians company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $415K, with roughly $62K of EBITDA. It has about 1 employees. Its estimated business value is $125K (likely range $66K–$171K).
Common questions
- Who owns Michael's Custom Electric LLC?
- The owner of Michael's Custom Electric LLC 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 Michael's Custom Electric LLC make?
- SeeBITDA estimates Michael's Custom Electric LLC's annual revenue at about $415K (likely between $273K and $473K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Michael's Custom Electric LLC worth?
- About $125K, roughly 2× its estimated EBITDA of $62K, typical for a electricians company its size. Likely range: $66K–$171K.
- How many employees does Michael's Custom Electric LLC have?
- About 1, as reported on its PPP loan.