Simplex Electric, LLP
How we got $660K
Based on 9 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| SIMPLEX ELECTRIC, LLP this business | $2.4M | — |
| BRIAN DOWELL INC. Guthrie · 1 employees | $198K | 1.1 mi |
| ELECTRICAL PROFESSIONALS OF EDMOND LLC Edmond · 1 employees | $224K | 1.6 mi |
| GOOD GUYS ELECTRIC LLC Edmond · 3 employees | $877K | 1.9 mi |
| AFFORDABLE PLUMBING BY JIM AND DAVE LLC Guthrie · 4 employees | $803K | 2.5 mi |
| R-N-R COMMUNICATIONS, INC. Guthrie · 3 employees | $654K | 2.7 mi |
| HELP SEVICES, LLC Edmond · 4 employees | $1.2M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Industry revenue per employee | $194K |
| Revenue = employees × revenue per employee | $2.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $275K |
| Cross-check: revenue implied by PPP payroll | $432K |
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 | $660K |
| Multiple for this size and industry | 2.4× |
| Value range | $312K – $937K |
| Revenue range | $1.4M – $2.8M |
| EBITDA range | $163K – $325K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingOklahoma's Federal Credit UnionPPP / 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 Roles are as stated there and may be out of date.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
| Oklahoma's Federal Credit Union PPP 2020, PPP 2021 | All 65 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $16K | 9 |
| 2/4/2021 | second | $16K | 4 |
About Simplex Electric, LLP
Simplex Electric, LLP is an electricians company in Guthrie, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $275K of EBITDA. It has about 9 employees. Its estimated business value is $660K (likely range $312K–$937K).
Common questions
- Who owns Simplex Electric, LLP?
- The owner of Simplex Electric, LLP 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 Simplex Electric, LLP make?
- SeeBITDA estimates Simplex Electric, LLP's annual revenue at about $2.4M (likely between $1.4M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Simplex Electric, LLP worth?
- About $660K, roughly 2.4× its estimated EBITDA of $275K, typical for a electricians company its size. Likely range: $312K–$937K.
- How many employees does Simplex Electric, LLP have?
- About 9, as reported on its PPP loan.