Red Hot Electric
How we got $484K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Red Hot Electric this business | $1.9M | — |
| Elk City Air Conditioning & Heating Elk City | $2.0M | 0.7 mi |
| SMITH MECHANICAL, L.L.C. Elk City · 5 employees | $1.2M | 0.8 mi |
| CARTER ELECTRIC, LLC Elk City · 4 employees | $1.4M | 1.2 mi |
| A1R TEK LLC Elk City | $1.9M | 1.4 mi |
| Kline Mechanical Plumbing Elk City | $1.9M | 1.5 mi |
| De-Mac Heat & Air Elk City | $1.9M | 1.6 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 | $484K |
| Multiple for this size and industry | 2× |
| Value range | $126K – $884K |
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 | $613K – $2.9M |
| EBITDA range | $79K – $368K |
| 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
About Red Hot Electric
Red Hot Electric is an electricians company in Elk City, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $242K of EBITDA. Its estimated business value is $484K (likely range $126K–$884K).
Common questions
- Who owns Red Hot Electric?
- The owner of Red Hot 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 Red Hot Electric make?
- SeeBITDA estimates Red Hot Electric's annual revenue at about $1.9M (likely between $613K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Hot Electric worth?
- About $484K, roughly 2× its estimated EBITDA of $242K, typical for a electricians company its size. Likely range: $126K–$884K.