Res Electrical Services, LLC
How we got $130K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RES ELECTRICAL SERVICES, LLC this business | $432K | — |
| AC SERVICE PLUS LLC Norman · 5 employees | $781K | 0.6 mi |
| H AND H HEAT AND AIR LLC Noble · 3 employees | $542K | 2.4 mi |
| NOBLE FIRE & SAFETY LLC Noble · 3 employees | $647K | 2.6 mi |
| MUSGRAVE ELECTRIC LLC Noble · 1 employees | $222K | 2.6 mi |
| Reliable Septic Services Norman | $1.8M | 3.1 mi |
| SPOR PLUMBING LLC Norman · 11 employees | $2.4M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $494K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $290K |
| Estimate: the two combined (geometric mean) | $432K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $65K |
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 | $130K |
| Multiple for this size and industry | 2× |
| Value range | $68K – $178K |
| Revenue range | $284K – $492K |
| EBITDA range | $43K – $74K |
| 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
People & advisors
Advisors
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $9K | 2 |
About Res Electrical Services, LLC
Res Electrical Services, LLC is an electricians company in Norman, Oklahoma. Its estimated annual revenue is about $432K, with roughly $65K of EBITDA. It has about 2 employees. Its estimated business value is $130K (likely range $68K–$178K).
Common questions
- Who owns Res Electrical Services, LLC?
- The owner of Res Electrical Services, LLC 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 Res Electrical Services, LLC make?
- SeeBITDA estimates Res Electrical Services, LLC's annual revenue at about $432K (likely between $284K and $492K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Res Electrical Services, LLC worth?
- About $130K, roughly 2× its estimated EBITDA of $65K, typical for a electricians company its size. Likely range: $68K–$178K.
- How many employees does Res Electrical Services, LLC have?
- About 2, as reported on its PPP loan.