SeeBITDAOklahoma
Estimated valueLow confidence
$576K
$138Klikely range$1.1M
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$2.0M
a year
Profit (EBITDA)
$250K
13% of revenue
Employees
—
not reported
Leadership
Richard Hess
Owner · source
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $576K

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

A typical electricians business in Oklahoma$2.0M
Revenue$2.0M
× 13% profit margin$250K
× 2.3 sale multiple = value$576K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

What they do

Hess Electrical LLC is a family-owned electrical contractor in Claremore, Oklahoma, offering repairs, installations and related work for residential, commercial and industrial properties.

Products & services
Electrical Repairs & InstallationsOutlet & Switch ReplacementsElectrical Panel UpgradesWiring & Circuit InstallationsLighting Fixture InstallationsCeiling Fan InstallationsElectrical TroubleshootingFull Home GeneratorsGenerator Sizing & InstallationMaintenance & RepairsAutomatic Transfer Switch InstallationEV Chargers & Portable Generator Plugs
Markets served
residentialcommercialindustrial
Service area
Claremore, Oklahoma
Certifications
BBB AccreditedGoogle VerifiedLicensed and Insured

From the company's website. Industry: Electricians.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Hess Electrical LLC
this business
$2.0M$250K—
Harris Air Conditioning, L.L.C.
Claremore
$1.8M$237K0.0 mi
Helt Heating and Air Conditioning
Claremore
$1.8M$237K0.0 mi
HELT MECHANICAL L.L.C.
Claremore · 3 employees
$700K$90K0.0 mi
Aztec Overhead Door Inc
Claremore
$2.0M$250K0.1 mi
Aztec Doors Llc
Claremore
$2.0M$250K0.1 mi
AKIN PLUMBING, L.L.C.
Claremore · 4 employees
$1.2M$158K0.2 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$576K
Multiple for this size and industry2.3×
Value range$138K – $1.1M

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$586K – $3.0M
EBITDA range$75K – $387K
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

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Hess Electrical LLC

Hess Electrical LLC is an electricians company in Claremore, Oklahoma, in business since 2023. It is owned by Richard Hess. Its estimated annual revenue is about $2.0M, with roughly $250K of EBITDA. Its estimated business value is $576K (likely range $138K–$1.1M).

Common questions

Who owns Hess Electrical LLC?
Hess Electrical LLC is owned by Richard Hess, according to public sources such as the company's website or filings.
How much revenue does Hess Electrical LLC make?
SeeBITDA estimates Hess Electrical LLC's annual revenue at about $2.0M (likely between $586K and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Hess Electrical LLC worth?
About $576K, roughly 2.3× its estimated EBITDA of $250K, typical for a electricians company its size. Likely range: $138K–$1.1M.
When was Hess Electrical LLC founded?
Hess Electrical LLC has been in business since 2023.