Locke Wholesale Electric Supply
How we got $224K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 71 years (since 1955)
- Founder still runs it after 71 years
From public records and the company's website, not a statement that it's for sale.
What they do
Locke Supply Co. is a supply business serving contractors who provide plumbing, electrical, and HVAC services, with a focus on commercial contractors from start to finish.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Customers
- Integris Hospital · named on its website
- AutoMaxx Hyundi · named on its website
- Cherokee Springs Plaza · named on its website
- Discovery Church · named on its website
- Sapulpa Pediatric Center · named on its website
- Atoka Pipeline · named on its website
- Hey Day · named on its website
- FAA · named on its website
- Republic Paper · named on its website
- Border Casino · named on its website
- Willis C Store · named on its website
- First National Parking Garage · named on its website
- India Culture Foundation · named on its website
- Allen Public School · named on its website
- Purcell Public School · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LUCKINBILL INC · Enid, 63 mi · $81.8M
- UNITED MECHANICAL, INC. · Oklahoma City, 4 mi · $77.1M
- HARRISON-ORR AIR CONDITIONING, LLC · Oklahoma City, 4 mi · $77.1M
- AIR COMFORT SOLUTIONS LLC · Moore, 13 mi · $72.8M
- H&H PLUMBING AND UTILITIES INC. · Goldsby, 26 mi · $57.5M
- RGCE LLC · Oklahoma City, 4 mi · $42.0M
- DELCO ELECTRIC, INC. · Oklahoma City, 7 mi · $41.3M
- BAKER BROTHERS ELECTRIC, INC. · Moore, 15 mi · $39.9M
- DANE & ASSOCIATES ELECTRIC CO. INC. · Oklahoma City, 5 mi · $35.9M
- PATCO ELECTRICAL SERVICES, INC. · Oklahoma City, 7 mi · $30.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Locke Wholesale Electric Supply this business | $1.5M | — |
| It's All About the Hunt Oklahoma City | $2.1M | 0.0 mi |
| The tarnished cow Oklahoma City | $2.1M | 0.0 mi |
| Decades Revisited Oklahoma City | $2.1M | 0.0 mi |
| INTEGRIS Health Medical Supply Oklahoma City | $2.1M | 0.0 mi |
| This That and Our Mother Oklahoma City | $2.1M | 0.1 mi |
| Sweet Charlie May Oklahoma City | $2.1M | 0.1 mi |
The full calculation
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 | $224K |
| Multiple for this size and industry | 2× |
| Value range | $90K – $315K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (8%). Treat these as a rough guide.
| Revenue range | $732K – $1.7M |
| EBITDA range | $56K – $131K |
| Industry (NAICS) | Retail Trade (452) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Locke Supply Co. started on a shoestring budget in 1955 when Don and Wanda Locke opened a Wholesale Plumbing Supply outlet in Bartlesville, OK.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Locke Wholesale Electric Supply
Locke Wholesale Electric Supply is a retail trade company in Oklahoma City, Oklahoma, in business since 1955. It is owned by Don J. Locke (Founder). Its estimated annual revenue is about $1.5M, with roughly $112K of EBITDA. Its estimated business value is $224K (likely range $90K–$315K).
Common questions
- Who owns Locke Wholesale Electric Supply?
- Locke Wholesale Electric Supply is owned by Don J. Locke (Founder), according to public sources such as the company's website or filings.
- How much revenue does Locke Wholesale Electric Supply make?
- SeeBITDA estimates Locke Wholesale Electric Supply's annual revenue at about $1.5M (likely between $732K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Locke Wholesale Electric Supply worth?
- About $224K, roughly 2× its estimated EBITDA of $112K, typical for a retail trade company its size. Likely range: $90K–$315K.
- When was Locke Wholesale Electric Supply founded?
- Locke Wholesale Electric Supply has been in business since 1955.
- Is Locke Wholesale Electric Supply for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 71 years (since 1955); founder still runs it after 71 years.