SeeBITDAOklahoma

Kay Electric

Building Material and Garden Equipment and Supplies Dealers
  • 1101 W Broadway St, Altus, OK
  • Since 1965
  • Family-owned
Estimated valueLow confidence
$1.2M
$375Klikely range$2.1M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.2M
a year
Profit (EBITDA)
$498K
12% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical building material and garden equipment and supplies dealers business in Oklahoma$4.2M
Revenue$4.2M
× 12% profit margin$498K
× 2.4 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 61 years (since 1965)

From public records and the company's website, not a statement that it's for sale.

What they do

Kay Electric is a family-owned and operated shop in Altus, OK that repairs, installs, sells, and custom fabricates electric motors and pumps and their parts for industrial customers. It has served clients since 1965.

Products & services
Electric motor repair & salesElectric motors & pump repairAlternating current motor repairsDC motor repairs & replacementsSynchronized motor repairsWater pump repairs & replacementsElectrical suppliesMachine shop
Markets served
Water & Waste Water Treatment PlantsMunicipalitiesAgricultural Cotton Gins, Grain Elevators & MoreFood Processing PlantsPower PlantsWallboard PlantsRock Crushing Plants
Service area
Altus, OKSouthwest & Central OklahomaTexas
Certifications
EASA trainedEASA Certified Team

From the company's website. Industry: Building Material and Garden Equipment and Supplies Dealers.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Kay Electric
this business
$4.2M$498K—
3 B Auto Sales Service and Towing
Altus
$22.7M$997K0.1 mi
Kirby's Service Station
Altus
$5.2M$272K0.2 mi
AMERICAN HOME CENTERS
Altus · 2 employees
$1.8M$214K0.4 mi
Mr Bill's Gas & Food
Altus
$3.0M$203K0.5 mi
H&Q INC
Altus · 6 employees
$4.1M$214K0.5 mi
M's Cups & Bowls
Altus
$4.2M$498K0.7 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$1.2M
Multiple for this size and industry2.4×
Value range$375K – $2.1M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Building Material and Garden Equipment and Supplies Dealers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (12%). Treat these as a rough guide.

Revenue range$1.6M – $6.0M
EBITDA range$195K – $716K
Industry (NAICS)Building Material and Garden Equipment and Supplies Dealers (444)

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

Founded 1965Family-owned
“Since 1965 our family-owned and operated local electric motor repair and supply shop has provided quality service to all of our clients.”

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 Kay Electric

Kay Electric is a family-owned building material and garden equipment and supplies dealers company in Altus, Oklahoma, in business since 1965. Its estimated annual revenue is about $4.2M, with roughly $498K of EBITDA. Its estimated business value is $1.2M (likely range $375K–$2.1M).

Common questions

Who owns Kay Electric?
The owner of Kay 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 Kay Electric make?
SeeBITDA estimates Kay Electric's annual revenue at about $4.2M (likely between $1.6M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Kay Electric worth?
About $1.2M, roughly 2.4× its estimated EBITDA of $498K, typical for a building material and garden equipment and supplies dealers company its size. Likely range: $375K–$2.1M.
When was Kay Electric founded?
Kay Electric has been in business since 1965.