Renfro 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 Likely to sell
- In business 50 years (since 1976)
- Founder still runs it after 50 years
- Family in the business (Jerry Renfro, Safety Director)
From public records and the company's website, not a statement that it's for sale.
What they do
Renfro Electric is a Muskogee, Oklahoma electrical contractor specializing in commercial and industrial electrical systems, industrial controls, water and wastewater treatment plants, and residential construction. It serves hometown community businesses through major government bureaus.
From the company's website. Industry: Electricians.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SIMMONS HOMES, LLC · Owasso, 46 mi · $269.6M
- SHAW HOMES, INC. · Broken Arrow, 33 mi · $240.1M
- BELFAIR OF MCALESTER LLC · Mcalester, 60 mi · $95.2M
- IRA M. GREEN CONSTRUCTION COMPANY · Claremore, 45 mi · $93.2M
- FOREST RIDGE DEVELOPMENT · Broken Arrow, 29 mi · $61.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Renfro Electric this business | $1.8M | — |
| REI HOLDINGS Muskogee · 34 employees | $10.1M | 0.0 mi |
| Gordon's Heating Air Conditioning & Refrigeration Muskogee | $1.8M | 0.1 mi |
| THE HOGLE COMPANY Muskogee · 12 employees | $4.2M | 1.0 mi |
| ACME REESE AIR CONDITIONING & REFRIGERATION, INC. Muskogee · 11 employees | $3.2M | 1.0 mi |
| Roto-Rooter Plumbing Muskogee Muskogee | $1.8M | 1.1 mi |
| CKC CORPORATION Muskogee · 2 employees | $707K | 1.3 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
“Renfro Electric was founded by Tom Renfro in 1976 with the goal of providing top quality craftsmanship in the Northeast Oklahoma electrical field.”
Leadership
- SHSteven HillPresident · Company website · source
- KAKyle AdairOperations Manager · Company website · source
- GHGeoff HuddlestonEstimator · Company website · source
- JHJosh HoodProject Manager · Company website · source
- JRJean RojasService Manager · Company website · source
- JRJerry RenfroSafety Director · Company website · source
- CBCameron BrysonProject Manager · Company website · source
- KHKatie HillMarketing Director · Company website · source
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 Renfro Electric
Renfro Electric is an electricians company in Muskogee, Oklahoma, in business since 1976. It is owned by Tom Renfro (Founder). 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 Renfro Electric?
- Renfro Electric is owned by Tom Renfro (Founder), according to public sources such as the company's website or filings.
- How much revenue does Renfro Electric make?
- SeeBITDA estimates Renfro 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 Renfro Electric worth?
- About $473K, roughly 2× its estimated EBITDA of $237K, typical for a electricians company its size. Likely range: $125K–$854K.
- When was Renfro Electric founded?
- Renfro Electric has been in business since 1976.
- Is Renfro Electric for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 50 years (since 1976); founder still runs it after 50 years; family in the business (jerry renfro, safety director).