SeeBITDAOklahoma

Parker Electric Company, Inc.

  • 3916 S.W. 29TH, Oklahoma City, OK
  • Since 1947
  • Family-owned, 3rd generation
  • NAICS 238210
Estimated valueMedium confidence
$1.9M
$975Klikely range$2.5M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$5.8M
a year
Profit (EBITDA)
$618K
11% of revenue
Employees
20
reported in 2020
Leadership
Ben Parker
Owner/Operator · source · confirmed by 2 sources
Likely to sell

How we got $1.9M

Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.

20 employees × $288K each$5.8M
PPP payroll ÷ payroll's usual share of revenue$4.5M
Shown toward the top of its range×1.14
Revenue$5.8M
× 11% profit margin$618K
× 3 sale multiple = value$1.9M

· Own this business? Correct these figures

Estimated value over time

▲ 22% since 2020
$0$1.1M$2.1M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 79 years (since 1947)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Parker Electric is a family owned commercial electrical contracting and service company serving the greater Oklahoma City metro area since 1947.

Products & services
commercial electrical contractingserviceDesign/Build and Competitive BiddingLED LightingHigh Bay LightingExterior LightingValue Engineering
Markets served
Retail Centers and Tenant SpaceNew RestaurantsHospital and Health Care FacilitiesWarehouse and Distribution Centers
Service area
Oklahoma Citysurrounding areasgreater Oklahoma City metro area
Certifications
Oklahoma State License #EL35827

From the company's website. Industry: Electricians.

Customers & suppliers

Customers

  • St. Mary Catholic Church · named on its website
  • Gaylord Hall, University of Oklahoma · named on its website
  • American Banjo Museum, Bricktown · named on its website
  • Alliance Air Parts · named on its website

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Restaurants
Warehousing & storage

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
PARKER ELECTRIC COMPANY, INC.
this business
$5.8M$618K—
COMFORTWORKS, INC.
Oklahoma City · 42 employees
$16.0M$1.4M0.3 mi
PERFORMANCE ELECTRIC, INC.
Oklahoma City · 10 employees
$2.5M$295K0.5 mi
CBE Repair Inc
Oklahoma City
$1.9M$242K0.7 mi
Advantage Heating & Air conditioning
Oklahoma City
$1.9M$242K0.7 mi
Scudder Service & Supply Inc
Oklahoma City
$2.0M$252K0.7 mi
True Climate Heat + Air
Oklahoma City
$3.8M$438K0.8 mi

The full calculation

Employees reported to the SBA20
Revenue from headcount (employees × revenue per employee for companies this size)$5.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$4.5M
Estimate: the two combined (geometric mean)$5.8M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$618K

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$1.9M
Multiple for this size and industry3×
Value range$975K – $2.5M
Revenue range$3.8M – $6.7M
EBITDA range$406K – $704K
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 1947 by Cecil W. ParkerFamily-owned · 3rd generation
“We are now into our third generation.”

Advisors

  • BankingINTRUST Bank, National AssociationPPP / SBA lender

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.

Banking relationships

INTRUST Bank, National Association
PPP 2020, PPP 2021
All 170 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$168K$170K20INTRUST Bank, National Association
2/22/2021second$169K$170K20INTRUST Bank, National Association

Public records

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

About Parker Electric Company, Inc.

Parker Electric Company, Inc. is a family-owned electricians company in Oklahoma City, Oklahoma, in business since 1947. It is owned by Ben Parker (Owner/Operator). Its estimated annual revenue is about $5.8M, with roughly $618K of EBITDA. It has about 20 employees. Its estimated business value is $1.9M (likely range $975K–$2.5M).

Common questions

Who owns Parker Electric Company, Inc.?
Parker Electric Company, Inc. is owned by Ben Parker (Owner/Operator), according to public sources such as the company's website or filings.
How much revenue does Parker Electric Company, Inc. make?
SeeBITDA estimates Parker Electric Company, Inc.'s annual revenue at about $5.8M (likely between $3.8M and $6.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Parker Electric Company, Inc. worth?
About $1.9M, roughly 3× its estimated EBITDA of $618K, typical for a electricians company its size. Likely range: $975K–$2.5M.
How many employees does Parker Electric Company, Inc. have?
About 20, as reported on its PPP loan.
When was Parker Electric Company, Inc. founded?
Parker Electric Company, Inc. has been in business since 1947.
Is Parker Electric Company, Inc. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 79 years (since 1947); no family successor named on its website.