SeeBITDAOklahoma

Rcs Electric Inc

Estimated valueMedium confidence
$873K
$459Klikely range$1.2M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$3.1M
a year
Profit (EBITDA)
$364K
12% of revenue
Employees
10
reported in 2020
Leadership
Craig Shaull
Owner · source · confirmed by 2 sources
High sell likelihood

How we got $873K

Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.

10 employees × $250K each$2.5M
PPP payroll ÷ payroll's usual share of revenue$3.0M
Shown toward the top of its range×1.14
Revenue$3.1M
× 12% profit margin$364K
× 2.4 sale multiple = value$873K

· Own this business? Correct these figures

Estimated value over time

▲ 22% since 2020
$0$502K$1.0M20202026

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 High sell likelihood

  • In business 43 years (since 1983)
  • Founder still runs it after 43 years
  • 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

RCS Electric is an electrical contractor in Bristow, Oklahoma offering residential and commercial electrical services, serving homes and businesses in its community.

Products & services
Electrical troubleshootingElectrical wiringEV charger installationsGenerator servicesLighting servicesElectrical panel servicesFacilities maintenanceElectrical Panel UpdatesLighting UpgradesWiring and Rewiring
Markets served
CommercialResidential
Service area
TulsaBristowOklahoma CityBroken ArrowBixbyOwasso
Certifications
License #205496state licensed electricians

From the company's website. Industry: Electricians.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
RCS ELECTRIC INC
this business
$3.1M$364K—
MAYBERRY ENTERPRISES LLC
Bristow · 9 employees
$2.1M$242K0.1 mi
Thurman Plumbing
Bristow
$1.9M$242K0.1 mi
Route 66 hvac and Mechanical
Bristow
$1.9M$242K0.7 mi
Superior Pipe Products
Bristow
$1.9M$242K1.1 mi
CIRCLE B INTEGRITY SERVICES LLC
Bristow · 13 employees
$5.2M$552K2.6 mi
GRAVITAS SERVICES LLC
Bristow
$1.8M$205K2.8 mi

The full calculation

Employees reported to the SBA10
Revenue from headcount (employees × revenue per employee for companies this size)$2.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.0M
Estimate: the two combined (geometric mean)$3.1M
EBITDA margin (industry, adjusted for size)12%
EBITDA = revenue × margin$364K

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$873K
Multiple for this size and industry2.4×
Value range$459K – $1.2M
Revenue range$2.1M – $3.6M
EBITDA range$239K – $415K
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 1983 by Craig Shaull
“Craig Shaull was only 23 years old when he obtained his contractor’s license, starting Craig Electric with his father in 1983.”

Advisors

  • BankingBlue Sky BankPPP / 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

Blue Sky Bank
PPP 2020
All 430 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$112K$113K10Blue Sky Bank

Public records

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

About Rcs Electric Inc

Rcs Electric Inc is an electricians company in Bristow, Oklahoma, in business since 1983. It is owned by Craig Shaull. Its estimated annual revenue is about $3.1M, with roughly $364K of EBITDA. It has about 10 employees. Its estimated business value is $873K (likely range $459K–$1.2M).

Common questions

Who owns Rcs Electric Inc?
Rcs Electric Inc is owned by Craig Shaull, according to public sources such as the company's website or filings.
How much revenue does Rcs Electric Inc make?
SeeBITDA estimates Rcs Electric Inc's annual revenue at about $3.1M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Rcs Electric Inc worth?
About $873K, roughly 2.4× its estimated EBITDA of $364K, typical for a electricians company its size. Likely range: $459K–$1.2M.
How many employees does Rcs Electric Inc have?
About 10, as reported on its PPP loan.
When was Rcs Electric Inc founded?
Rcs Electric Inc has been in business since 1983.
Is Rcs Electric Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 43 years (since 1983); founder still runs it after 43 years; no family successor named on its website.