Border States
How we got $1.2M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Border States is an electrical and industrial products distributor that serves construction, industrial and utility markets, with its Ardmore, Oklahoma branch serving those markets.
From the company's website. Industry: Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers.
Customers & suppliers
Suppliers & brands
- 3M · brand it sells or installs
- Lithonia Lighting · brand it sells or installs
- Leviton · brand it sells or installs
- Encore Wire · brand it sells or installs
- Southwire · brand it sells or installs
- Prysmian Group · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- CMS WILLOWBROOK INC · Chickasha, 74 mi · $112.6M
- CMSWILLOWBROOK INC. · Chickasha, 74 mi · $104.3M
- DIXON CONSTRUCTION · Wynnewood, 31 mi · $59.9M
- TRUE STEEL LLC · Ada, 50 mi · $50.9M
- MACHILL CONSTRUCTION COMPANY, INC. · Ada, 46 mi · $38.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Border States this business | $3.0M | — |
| Deerebuilt Ardmore | $3.0M | 0.4 mi |
| Storm Shelters and Safe Rooms Ardmore | $3.0M | 0.4 mi |
| Sit 'N Sew Ardmore | $3.0M | 1.5 mi |
| RED RIVER JERKY Ardmore · 1 employees | $473K | 1.6 mi |
| chained & bound Ardmore | $3.0M | 1.8 mi |
| Travis Guitars Ardmore | $3.0M | 2.4 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 industry | 3× |
| Value range | $211K – $2.4M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers 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 | $662K – $5.1M |
| EBITDA range | $88K – $673K |
| Industry (NAICS) | Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers (423610) |
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 Border States
Border States is an electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company in Ardmore, Oklahoma, in business since 1999. Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).
Common questions
- Who owns Border States?
- The owner of Border States 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 Border States make?
- SeeBITDA estimates Border States's annual revenue at about $3.0M (likely between $662K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Border States worth?
- About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company its size. Likely range: $211K–$2.4M.
- When was Border States founded?
- Border States has been in business since 1999.