Wade Electric
How we got $473K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 57 years (since 1969)
From public records and the company's website, not a statement that it's for sale.
What they do
Wade Electric is a family-owned electrical contractor in Norman, Oklahoma, providing electrical repairs, installations, and service work for residential and commercial customers.
From the company's website. Industry: Electricians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Wade Electric this business | $1.8M | — |
| Doug's Heat & Air Norman | $1.8M | 0.1 mi |
| OKLAHOMA GENERATOR AND ELECTRIC LLC Norman · 2 employees | $728K | 0.1 mi |
| WADE ELECTRONICS, LLC Norman · 15 employees | $4.6M | 0.2 mi |
| Innovative Plumbing Designs Norman | $1.8M | 0.2 mi |
| Veteran Plumbing Services Norman | $1.8M | 0.3 mi |
| APEX ELECTRICAL SERVICES LLC Norman · 6 employees | $1.4M | 0.3 mi |
The full calculation
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 | $473K |
| Multiple for this size and industry | 2× |
| Value range | $125K – $854K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Electrical Contractors and Other Wiring Installation Contractors businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $607K – $2.8M |
| EBITDA range | $78K – $356K |
| 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. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Starting as a one-man operation in 1969, Wade Electric was founded to meet the electrical needs of the Norman Community.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wade Electric
Wade Electric is a family-owned electricians company in Norman, Oklahoma, in business since 1969. Its estimated annual revenue is about $1.8M, with roughly $237K of EBITDA. Its estimated business value is $473K (likely range $125K–$854K).
Common questions
- Who owns Wade Electric?
- The owner of Wade Electric 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 Wade Electric make?
- SeeBITDA estimates Wade Electric's annual revenue at about $1.8M (likely between $607K and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wade Electric worth?
- About $473K, roughly 2× its estimated EBITDA of $237K, typical for a electricians company its size. Likely range: $125K–$854K.
- When was Wade Electric founded?
- Wade Electric has been in business since 1969.