Varnell's Powerline Construction Company, Inc
How we got $1.9M
Based on its 16 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 33 years (since 1993)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| VARNELL'S POWERLINE CONSTRUCTION COMPANY, INC this business | $5.9M | — |
| COTTS ELECTRIC LLC Sayre · 4 employees | $673K | 2.6 mi |
| MARTIN'S AIR CONDITIONING INC Elk City · 3 employees | $1.2M | 15.6 mi |
| MARTINS AIR CONDITIONING Elk City · 4 employees | $1.3M | 15.6 mi |
| HARGIS ELECTRIC, INC Elk City · 2 employees | $519K | 15.8 mi |
| CULVER ELECTRIC, LLC Elk City · 50 employees | $17.6M | 15.9 mi |
| De-Mac Heat & Air Elk City | $1.8M | 16.0 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.6M |
| Estimate: the two combined (geometric mean) | $5.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $620K |
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 | $1.9M |
| Multiple for this size and industry | 3× |
| Value range | $978K – $2.5M |
| Revenue range | $3.8M – $6.7M |
| EBITDA range | $408K – $707K |
| 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
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $245K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Varnell's Powerline Construction Company, Inc
Varnell's Powerline Construction Company, Inc is an electricians company in Sayre, Oklahoma, in business since 1993. Its estimated annual revenue is about $5.9M, with roughly $620K of EBITDA. It has about 16 employees. Its estimated business value is $1.9M (likely range $978K–$2.5M).
Common questions
- Who owns Varnell's Powerline Construction Company, Inc?
- The owner of Varnell's Powerline Construction Company, 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 Varnell's Powerline Construction Company, Inc make?
- SeeBITDA estimates Varnell's Powerline Construction Company, Inc's annual revenue at about $5.9M (likely between $3.8M and $6.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Varnell's Powerline Construction Company, Inc worth?
- About $1.9M, roughly 3× its estimated EBITDA of $620K, typical for a electricians company its size. Likely range: $978K–$2.5M.
- How many employees does Varnell's Powerline Construction Company, Inc have?
- About 16, as reported on its PPP loan.
- When was Varnell's Powerline Construction Company, Inc founded?
- Varnell's Powerline Construction Company, Inc has been in business since 1993.