Ross Electric, Inc.
How we got $4.3M
Based on its 38 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
- 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
Ross Electric is a full-service electrical contracting company in Oklahoma City that provides electrical services for new construction, remodels, and repairs. It focuses on custom LED lighting and emergency backup generators.
From the company's website. Industry: Electricians.
Customers & suppliers
Customers
- Performance Auto Painting & Collision · named on its website
- Pops on Route 66 · named on its website
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 |
|---|---|---|
| ROSS ELECTRIC, INC. this business | $12.8M | — |
| 1 SOURCE LIFTS & EQUIPMENT LLC Oklahoma City · 18 employees | $7.4M | 0.2 mi |
| DRABEK & HILL, INC. Oklahoma City · 28 employees | $11.3M | 0.4 mi |
| NOWELL & SONS PLUMBING LLC Oklahoma City · 2 employees | $507K | 0.6 mi |
| HALE HEATING & AIR CONDITIONING CORP Oklahoma City · 3 employees | $878K | 0.7 mi |
| ACR Oklahoma City | $1.8M | 0.7 mi |
| GROOMS SEWER AND PLUMBING LLC Oklahoma City · 4 employees | $780K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 38 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.6M |
| Estimate: the two combined (geometric mean) | $12.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.3M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.3M – $5.9M |
| Revenue range | $8.4M – $14.6M |
| EBITDA range | $787K – $1.4M |
| 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
- BankingBancFirst, Itria Ventures LLCPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
| Itria Ventures LLC PPP 2021 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $428K | 38 |
| 2/13/2021 | second | $427K | 38 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ross Electric, Inc.
Ross Electric, Inc. is an electricians company in Oklahoma City, Oklahoma, in business since 2000. It is owned by Don Ross. Its estimated annual revenue is about $12.8M, with roughly $1.2M of EBITDA. It has about 38 employees. Its estimated business value is $4.3M (likely range $2.3M–$5.9M).
Common questions
- Who owns Ross Electric, Inc.?
- Ross Electric, Inc. is owned by Don Ross, according to public sources such as the company's website or filings.
- How much revenue does Ross Electric, Inc. make?
- SeeBITDA estimates Ross Electric, Inc.'s annual revenue at about $12.8M (likely between $8.4M and $14.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ross Electric, Inc. worth?
- About $4.3M, roughly 3.6× its estimated EBITDA of $1.2M, typical for a electricians company its size. Likely range: $2.3M–$5.9M.
- How many employees does Ross Electric, Inc. have?
- About 38, as reported on its PPP loan.
- When was Ross Electric, Inc. founded?
- Ross Electric, Inc. has been in business since 2000.