Reliable Electric, Inc.
How we got $291K
Based on its 5 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RELIABLE ELECTRIC, INC. this business | $1.1M | — |
| WHIZ PLUMBING, LLC Grove · 2 employees | $374K | 0.5 mi |
| TOTAL COVERAGE ELECTRIC INC. Grove · 5 employees | $1.3M | 1.0 mi |
| TYLER DOZIER Grove · 5 employees | $1.0M | 1.0 mi |
| Argent Electric LLC Grove | $1.9M | 1.0 mi |
| B&B HEATING & AIR CONDITIONING, INC Grove · 28 employees | $10.5M | 1.2 mi |
| ZAP, INC Grove · 8 employees | $1.6M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $887K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $145K |
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 | $291K |
| Multiple for this size and industry | 2× |
| Value range | $153K – $398K |
| Revenue range | $745K – $1.3M |
| EBITDA range | $96K – $166K |
| 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
- BankingBank of Grand LakePPP / 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 Roles are as stated there and may be out of date.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
| Bank of Grand Lake PPP 2020 | All 112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $32K | 5 |
About Reliable Electric, Inc.
Reliable Electric, Inc. is an electricians company in Grove, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $145K of EBITDA. It has about 5 employees. Its estimated business value is $291K (likely range $153K–$398K).
Common questions
- Who owns Reliable Electric, Inc.?
- The owner of Reliable Electric, Inc. 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 Reliable Electric, Inc. make?
- SeeBITDA estimates Reliable Electric, Inc.'s annual revenue at about $1.1M (likely between $745K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Reliable Electric, Inc. worth?
- About $291K, roughly 2× its estimated EBITDA of $145K, typical for a electricians company its size. Likely range: $153K–$398K.
- How many employees does Reliable Electric, Inc. have?
- About 5, as reported on its PPP loan.