Tess Electrical Systems Inc
How we got $266K
Based on its 4 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 |
|---|---|---|
| TESS ELECTRICAL SYSTEMS INC this business | $1.0M | — |
| ZAP, INC Grove · 8 employees | $1.6M | 1.1 mi |
| B&B HEATING & AIR CONDITIONING, INC Grove · 28 employees | $10.5M | 1.1 mi |
| Argent Electric LLC Grove | $1.8M | 1.4 mi |
| CLIMATECH HEATING AND AIR CONDITIONING, LLC Grove · 5 employees | $1.1M | 1.4 mi |
| ALL STAR ELECTRIC NA LLC Grove · 41 employees | $13.3M | 1.5 mi |
| WHIZ PLUMBING, LLC Grove · 2 employees | $374K | 1.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $988K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $836K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $133K |
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 | $266K |
| Multiple for this size and industry | 2× |
| Value range | $140K – $364K |
| Revenue range | $681K – $1.2M |
| EBITDA range | $87K – $152K |
| 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
History & advisors
Advisors
- BankingBank of Grand LakePPP / 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 Roles are as stated there and may be out of date.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
| Bank of Grand Lake PPP 2020, PPP 2021 | All 112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $27K | 3 |
| 1/28/2021 | second | $27K | 4 |
About Tess Electrical Systems Inc
Tess Electrical Systems Inc is an electricians company in Grove, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $133K of EBITDA. It has about 4 employees. Its estimated business value is $266K (likely range $140K–$364K).
Common questions
- Who owns Tess Electrical Systems Inc?
- The owner of Tess Electrical Systems Inc 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 Tess Electrical Systems Inc make?
- SeeBITDA estimates Tess Electrical Systems Inc's annual revenue at about $1.0M (likely between $681K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tess Electrical Systems Inc worth?
- About $266K, roughly 2× its estimated EBITDA of $133K, typical for a electricians company its size. Likely range: $140K–$364K.
- How many employees does Tess Electrical Systems Inc have?
- About 4, as reported on its PPP loan.