Smith-Dressler Electrical Services, LLC
How we got $1.2M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
Smith-Dressler Electric Services is an electrical contractor in Duncan, OK, serving commercial and residential customers with new construction, remodels, service and maintenance work. It states it has been in business since 2006 and is licensed, bonded, and insured.
From the company's website. Industry: Electricians.
Customers & suppliers
Customers
- Sam's Club · named on its website
- Walgreen's · named on its website
- CVS/Pharmacy · named on its website
- Salvation Army · named on its website
- Haverty's Furniture · named on its website
- Wal-Mart Stores · named on its website
- MAPS School · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- OKLAHOMA BAPTIST UNIVERSITY · Shawnee, 82 mi · $76.0M
- MID-AMERICA CHRISTIAN UNIVERSITY, INC · Oklahoma City, 61 mi · $38.6M
- NEXTTHOUGHT, LLC · Norman, 54 mi · $12.5M
- RANDALL UNIVERSITY · Oklahoma City, 62 mi · $8.3M
- RANDALL UNIVERSITY INC · Moore, 60 mi · $7.2M
- MOORE SONIC MANAGEMENT, INC · Pauls Valley, 44 mi · $42.4M
- MCDBLT ENTERPRISES · Newcastle, 56 mi · $23.2M
- HERMOSA EAST LLC · Norman, 56 mi · $20.7M
- WORLUND & WORLUND RESTAURANT SYSTEMS, INC. · Shawnee, 83 mi · $15.1M
- DIBLER HOLDINGS, LLC · Shawnee, 85 mi · $11.7M
- SOUTHWESTERN WIRE INC · Norman, 53 mi · $312.3M
- EVANS ENTERPRISES, INC. · Norman, 60 mi · $184.0M
- SOLITAIRE HOLDING LLC · Duncan, 5 mi · $148.9M
- SOUTHWEST ELECTRIC CO. · Oklahoma City, 68 mi · $146.6M
- Q.B. JOHNSON MANUFACTURING INC · Oklahoma City, 66 mi · $125.9M
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 |
|---|---|---|
| SMITH-DRESSLER ELECTRICAL SERVICES, LLC this business | $4.6M | — |
| CLIMATE CONTROL CO, INC Duncan · 11 employees | $2.9M | 1.2 mi |
| GOURNEY ELECTRIC Duncan · 7 employees | $1.5M | 1.3 mi |
| VERMILLION PLUMBING LLC Duncan · 11 employees | $2.8M | 1.3 mi |
| BISHOP ELECTRIC INC Duncan · 5 employees | $1.3M | 1.3 mi |
| BJ'S ELECTRIC LLC Duncan · 6 employees | $1.5M | 1.7 mi |
| BK EQUIPMENT LLC Duncan · 18 employees | $10.9M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $4.6M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $489K |
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 | $1.2M |
| Multiple for this size and industry | 2.4× |
| Value range | $617K – $1.6M |
| Revenue range | $3.0M – $5.3M |
| EBITDA range | $321K – $557K |
| 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
Leadership
- SJSarah JhinsonProduct Manager · Company website · source
- WAWilliam AndersonCTO · Company website · source
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $174K | 14 |
| 1/26/2021 | second | $174K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smith-Dressler Electrical Services, LLC
Smith-Dressler Electrical Services, LLC is an electricians company in Duncan, Oklahoma, in business since 2006. It is owned by Walter White (Chief Executive Officer). Its estimated annual revenue is about $4.6M, with roughly $489K of EBITDA. It has about 14 employees. Its estimated business value is $1.2M (likely range $617K–$1.6M).
Common questions
- Who owns Smith-Dressler Electrical Services, LLC?
- Smith-Dressler Electrical Services, LLC is owned by Walter White (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Smith-Dressler Electrical Services, LLC make?
- SeeBITDA estimates Smith-Dressler Electrical Services, LLC's annual revenue at about $4.6M (likely between $3.0M and $5.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smith-Dressler Electrical Services, LLC worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $489K, typical for a electricians company its size. Likely range: $617K–$1.6M.
- How many employees does Smith-Dressler Electrical Services, LLC have?
- About 14, as reported on its PPP loan.
- When was Smith-Dressler Electrical Services, LLC founded?
- Smith-Dressler Electrical Services, LLC has been in business since 2006.