Business facts
Estimated annual revenue~$1.0M
Estimated employees~5
Annual payroll (2020)~$140.6K
In business since1974
Based on reported payroll data
Contacts
Area statistics (74820)
Population31,368
Median household income$58,703
Source: US Census ACS
About
Bates Electronics offers real solutions to all electronic problems, including security, car audio, and home theaters. They provide installation services for car audio and accessories, home and business security and surveillance, fire alarms, home theater systems, network systems, phone systems, outdoor/indoor TV antennas, cellular signal boosters, and more. With hours from Monday to Friday 8:30am-5:30pm and Saturday 10:00am-2:00pm, Bates Electronics is your one-stop shop for all electronic needs.
📅
Appointment Only
Yes
💳
Credit Cards
American Express, Cash, Check, Debit Card, Discover, Mastercard, Visa, Yes
🍽️
Dining Options
Delivery
ℹ️
Diversity Management
Woman Led
🅿️
Parking
Yes
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Electronics Store).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$772.5K2019
~$781.3K2020
~$837.0K2021
~$927.5K2022
~$980.0K2023
~$1.0M2024
Modeled from category averages for the region+5.9%/yr since 201980% confidence band: ±68%
Company profile
Legal formCorporation
Incorporated1977 (OK)
Employees (reported band)8-11
Facility size~2,700 sq ft
Social media followers7
Observed
Federal support (SBA)
PPP loan (2020)$29.3K · 4 jobs reported · implies ~$140.6K annual payroll · $29.5K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Electronics Store in Oklahoma | 840 | ~$1.2B | ~$1.5M | ~$775.0K | 4.1★ | 1.3× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure31 chains expanding in this category, led by Walmart Connection Center, T-Mobile, At&t (+1,240 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 495 | ~$535.9M | ~$1.1M | ~$384.6K | 1,850 | ~$140.4M | 2.7× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 127 | ~$149.7M | ~$1.2M | — | 391 | — | — |
1 km area (all businesses): median from the 417 of 495 businesses with estimates
Estimate
Area conditions (74820)
Population31,368 ±426
Median household income$58,703 ±$3,885
Median home value$156,000
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS