Smith Lighting Sales, Inc.
- Bob SmithFounder · Company website
- Robert SmithSigns company filings · Form 5500 (2020)
How we got $6.3M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 17% 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.
Employees over time
▼ 35% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $7.9M |
| 2020 | Form 5500 | 16 | $5.5M |
| 2021 | Form 5500 | 7 | $2.4M |
| 2022 | Form 5500 | 12 | $4.1M |
| 2023 | Form 5500 | 15 | $5.2M |
| 2024 | Form 5500 | 15 | $5.2M |
| 2025 | Form 5500 | 15 | $5.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Likely to sell
- In business 57 years (since 1969)
- 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
Smith Lighting Sales, Inc. is a lighting business in Oklahoma City with a Tulsa location, offering lighting products from a range of manufacturers for designers and specifiers.
From the company's website. Industry: Building material and supplies dealers.
Customers & suppliers
Suppliers & brands
- Above All Lighting · brand it sells or installs
- AFX Lighting · brand it sells or installs
- Aleddra · brand it sells or installs
- Archlit · brand it sells or installs
- Arkansas Lighting · brand it sells or installs
- Astralite · brand it sells or installs
- Autani · brand it sells or installs
- Bartco Lighting · brand it sells or installs
- Beghelli USA · brand it sells or installs
- Beta-Calco Inc · brand it sells or installs
- Blackjack Lighting · brand it sells or installs
- Bodine · brand it sells or installs
- Cathode Lighting Systems · brand it sells or installs
- Chloride · brand it sells or installs
- Color Kinetics · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SMITH LIGHTING SALES, INC. this business | $19.7M | — |
| Midwest Tile & Granite Oklahoma City | $1.0M | 0.2 mi |
| Sherwin-Williams Oklahoma City | $4.0M | 1.6 mi |
| RICHBURG STONE AND SUPPLY COMPANY Oklahoma City · 9 employees | $6.8M | 2.2 mi |
| ARTISAN TILE STUDIO, LLC Oklahoma City · 6 employees | $2.3M | 2.4 mi |
| Sherwin-Williams Nichols Hills | $4.0M | 2.8 mi |
| PARAMOUNT ENTERPRISE CORPORATION Oklahoma City · 21 employees | $16.5M | 3.0 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.0M |
| Estimate: the two combined (geometric mean) | $19.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.3M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.3M – $8.7M |
| Revenue range | $13.0M – $22.5M |
| EBITDA range | $1.2M – $2.0M |
| Industry (NAICS) | Building material and supplies dealers (444190) |
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
“Smith Lighting Sales was started as a sole proprietorship in December of 1969.”
Advisors
- BankingBancFirstPPP / 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 → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $332K | 23 |
2 locations
| 4101 N WALNUT AVE | Oklahoma City | This listing |
| 1221 E 33rd St | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smith Lighting Sales, Inc.
Smith Lighting Sales, Inc. is a building material and supplies dealers company in Oklahoma City, Oklahoma, in business since 1969. It is owned by Eric Stewart (Principal). Its estimated annual revenue is about $19.7M, with roughly $1.8M of EBITDA. It has about 15 employees. Its estimated business value is $6.3M (likely range $3.3M–$8.7M). It has 2 locations.
Common questions
- Who owns Smith Lighting Sales, Inc.?
- Smith Lighting Sales, Inc. is owned by Eric Stewart (Principal), according to public sources such as the company's website or filings.
- How much revenue does Smith Lighting Sales, Inc. make?
- SeeBITDA estimates Smith Lighting Sales, Inc.'s annual revenue at about $19.7M (likely between $13.0M and $22.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smith Lighting Sales, Inc. worth?
- About $6.3M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a building material and supplies dealers company its size. Likely range: $3.3M–$8.7M.
- How many employees does Smith Lighting Sales, Inc. have?
- About 15, from its 2025 retirement-plan filing.
- When was Smith Lighting Sales, Inc. founded?
- Smith Lighting Sales, Inc. has been in business since 1969.
- Is Smith Lighting Sales, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 57 years (since 1969); no family successor named on its website.