Passion Electric
How we got $473K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Passion Electric is a locally owned, licensed electrical contractor serving homeowners in the Oklahoma City metro area, offering residential electrical installation, repair and inspection services.
From the company's website. Industry: Electricians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Passion Electric this business | $1.8M | — |
| DOYLE'S ELECTRIC, INC. Norman · 20 employees | $6.1M | 0.1 mi |
| WATERS ELECTRIC INCORPORATED Norman · 14 employees | $4.1M | 0.2 mi |
| MYERS AND ASSOCIATES ELECTRICAL SALES INC. Norman · 5 employees | $2.1M | 0.2 mi |
| Metro Rooter Plumbing Norman | $1.8M | 0.3 mi |
| COMMERCIAL DOOR LLC Norman · 10 employees | $4.4M | 0.7 mi |
| Schaffner-valouch Contractor Inc. Norman | $1.8M | 0.7 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 | $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
“Passion Electric was founded in 2014 on a simple belief: treat every customer the way we’d want our own family treated.”
Leadership
- DLDavid LeverettOffice Manager · 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 Passion Electric
Passion Electric is an electricians company in Norman, Oklahoma, in business since 2014. It is owned by Bo Johnson (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 Passion Electric?
- Passion Electric is owned by Bo Johnson (Founder), according to public sources such as the company's website or filings.
- How much revenue does Passion Electric make?
- SeeBITDA estimates Passion 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 Passion Electric worth?
- About $473K, roughly 2× its estimated EBITDA of $237K, typical for a electricians company its size. Likely range: $125K–$854K.
- When was Passion Electric founded?
- Passion Electric has been in business since 2014.