Re-Con Company, a Texas Corp
How we got $10.1M
Based on its 98 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 22% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 20% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 98 | $19.0M |
| 2020 | Form 5500 | 56 | $10.9M |
| 2021 | Form 5500 | 63 | $12.2M |
| 2022 | Form 5500 | 67 | $13.0M |
| 2023 | Form 5500 | 72 | $14.0M |
| 2024 | Form 5500 | 78 | $15.1M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Some signs of a sale
- In business 34 years (since 1992)
From public records and the company's website, not a statement that it's for sale.
What they do
RECON Company is a German online and store-based shop (Salzgitter, Niedersachsen) selling Bundeswehr and tactical gear, clothing and outdoor equipment to authorities, emergency services, hunters, security firms and outdoor enthusiasts. It states it has over 30 years of experience and offers over 80,000 items.
From the company's website. Industry: Electricians.
Customers & suppliers
Suppliers & brands
- 5.11 Tactical · brand it sells or installs
- Haix · brand it sells or installs
- Carinthia · brand it sells or installs
- UF PRO · brand it sells or installs
- LOWA · brand it sells or installs
- Meindl · brand it sells or installs
- Hanwag · brand it sells or installs
- Salomon · brand it sells or installs
- Tasmanian Tiger · brand it sells or installs
- Lindnerhof Taktik · brand it sells or installs
- Revision Military · brand it sells or installs
- Mechanix Wear · brand it sells or installs
- Snugpak · brand it sells or installs
- Gerber · brand it sells or installs
- Hestra · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RE-CON COMPANY, A TEXAS CORP this business | $26.4M | — |
| SHOTROK, LLC Oklahoma City · 7 employees | $2.1M | 0.1 mi |
| EARTHSMART CONTROLS, LLC Oklahoma City · 12 employees | $3.9M | 0.1 mi |
| HUNTER MECHANICAL & CONTROLS, INC. Oklahoma City · 32 employees | $13.2M | 0.1 mi |
| Air Technologies - A Fidelity Company Oklahoma City | $2.0M | 0.3 mi |
| TRADE MECHANICAL CONTRACTORS, INC. Oklahoma City · 75 employees | $33.3M | 0.3 mi |
| Osborne Electric Company Oklahoma City | $1.9M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 98 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $28.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.0M |
| Estimate: the two combined (geometric mean) | $26.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.3M |
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 | $10.1M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.3M – $13.8M |
| Revenue range | $17.4M – $30.1M |
| EBITDA range | $1.5M – $2.6M |
| 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
Advisors
- BankingBOKF, 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $470K | 72 |
| 4/13/2020 | first | $701K | 98 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Re-Con Company, a Texas Corp
Re-Con Company, a Texas Corp is an electricians company in Oklahoma City, Oklahoma, in business since 1992. Its estimated annual revenue is about $26.4M, with roughly $2.3M of EBITDA. It has about 78 employees. Its estimated business value is $10.1M (likely range $5.3M–$13.8M).
Common questions
- Who owns Re-Con Company, a Texas Corp?
- The owner of Re-Con Company, a Texas Corp 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 Re-Con Company, a Texas Corp make?
- SeeBITDA estimates Re-Con Company, a Texas Corp's annual revenue at about $26.4M (likely between $17.4M and $30.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Re-Con Company, a Texas Corp worth?
- About $10.1M, roughly 4.4× its estimated EBITDA of $2.3M, typical for a electricians company its size. Likely range: $5.3M–$13.8M.
- How many employees does Re-Con Company, a Texas Corp have?
- About 78, from its 2024 retirement-plan filing.
- When was Re-Con Company, a Texas Corp founded?
- Re-Con Company, a Texas Corp has been in business since 1992.