Metro Tech Electric, Inc.
How we got $5.4M
Based on 78 employees on its 2024 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- Changed hands recently (SBA-financed purchase, FY2022)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 40% since 2023Today'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
▲ 32% since 2023Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2023 | Form 5500 | 59 | $11.4M |
| 2024 | Form 5500 | 78 | $15.1M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| METRO TECH ELECTRIC, INC. this business | $17.2M | — |
| Iec Systems Oklahoma City | $937K | 0.2 mi |
| Oklahoma Infra-red, Inc. Oklahoma City | $1.9M | 0.5 mi |
| Climate Control Group Oklahoma City | $937K | 0.6 mi |
| Climatemaster, Inc. Oklahoma City | $937K | 0.7 mi |
| RIEMER AND SON LLC Oklahoma City · 2 employees | $478K | 0.8 mi |
| ONE ELECTRIC LLC Oklahoma City · 41 employees | $7.4M | 1.0 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $5.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.4M – $9.7M |
| Employees in its retirement plan (2024 Form 5500) | 78 |
| Industry revenue per employee | $194K |
| Revenue = employees × revenue per employee | $17.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.5M |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $13.7M – $25.7M |
| EBITDA range | $1.2M – $2.2M |
| 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. These are statistical estimates, not reported financials. Listing details come from the company's Form 5500 retirement-plan filing. Full methodology
People & advisors
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 7(a) 2022, 7(a) 2024, 7(a) 2025 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
Public records
| May 2025 | 7(a) | $3.0M |
| Mar 2024 | 7(a) | $63K |
| Dec 2023 | 7(a) | $2.0M |
| Aug 2022 | 7(a) | $1.0M |
| Aug 2022 | 7(a) | $2.0M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Metro Tech Electric, Inc.
Metro Tech Electric, Inc. is an electricians company in Oklahoma City, Oklahoma, in business since 2022. Its estimated annual revenue is about $17.2M, with roughly $1.5M of EBITDA. It has about 78 employees. Its estimated business value is $5.4M (likely range $3.4M–$9.7M).
Common questions
- Who owns Metro Tech Electric, Inc.?
- The owner of Metro Tech Electric, 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 Metro Tech Electric, Inc. make?
- SeeBITDA estimates Metro Tech Electric, Inc.'s annual revenue at about $17.2M (likely between $13.7M and $25.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Metro Tech Electric, Inc. worth?
- About $5.4M, roughly 3.6× its estimated EBITDA of $1.5M, typical for a electricians company its size. Likely range: $3.4M–$9.7M.
- How many employees does Metro Tech Electric, Inc. have?
- About 78, from its 2024 retirement-plan filing.
- When was Metro Tech Electric, Inc. founded?
- Metro Tech Electric, Inc. has been in business since 2022.