A.s.a.p. Heating and Air, Inc.
How we got $5.4M
Based on its 69 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 22 years (since 2004)
- Founder still runs it after 22 years
From public records and the company's website, not a statement that it's for sale.
What they do
ASAP Heating, Air & Plumbing provides heating, air conditioning and plumbing services for homeowners and businesses in Tulsa and Oklahoma City.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- Lennox · brand it sells or installs
Estimated value over time
▲ 36% 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 |
|---|---|---|
| A.S.A.P. HEATING AND AIR, INC. this business | $17.4M | — |
| Mingo Valley Electric Tulsa | $1.8M | 0.2 mi |
| Back Up Power Source Tulsa | $1.8M | 0.2 mi |
| MAGNUM ELECTRIC, LLC Tulsa · 13 employees | $3.7M | 0.3 mi |
| ASHERS COMMERCIAL REFRIGERATION INC Tulsa · 25 employees | $11.2M | 0.3 mi |
| ENDEX, INC. OF TULSA Tulsa · 13 employees | $4.4M | 0.5 mi |
| Star Plumbing Tulsa | $1.8M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 69 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $20.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.3M |
| Estimate: the two combined (geometric mean) | $17.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.5M |
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 | $5.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.9M – $7.4M |
| Revenue range | $11.5M – $19.9M |
| EBITDA range | $994K – $1.7M |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
“ASAP Heating, Air & Plumbing was founded by David Polk, a trusted name in the HVAC industry with more than 30 years of experience.”
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 PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $380K | 69 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About A.s.a.p. Heating and Air, Inc.
A.s.a.p. Heating and Air, Inc. is a plumbing, heating & air company in Tulsa, Oklahoma, in business since 2004. It is owned by David Polk (Founder). Its estimated annual revenue is about $17.4M, with roughly $1.5M of EBITDA. It has about 69 employees. Its estimated business value is $5.4M (likely range $2.9M–$7.4M).
Common questions
- Who owns A.s.a.p. Heating and Air, Inc.?
- A.s.a.p. Heating and Air, Inc. is owned by David Polk (Founder), according to public sources such as the company's website or filings.
- How much revenue does A.s.a.p. Heating and Air, Inc. make?
- SeeBITDA estimates A.s.a.p. Heating and Air, Inc.'s annual revenue at about $17.4M (likely between $11.5M and $19.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is A.s.a.p. Heating and Air, Inc. worth?
- About $5.4M, roughly 3.6× its estimated EBITDA of $1.5M, typical for a plumbing, heating & air company its size. Likely range: $2.9M–$7.4M.
- How many employees does A.s.a.p. Heating and Air, Inc. have?
- About 69, as reported on its PPP loan.
- When was A.s.a.p. Heating and Air, Inc. founded?
- A.s.a.p. Heating and Air, Inc. has been in business since 2004.