SeeBITDAOklahoma

Acp Sheet Metal Co., Inc.

  • 10521 N GARNETT ST, Oklahoma City, OK
  • Since 1977
Estimated valueMedium confidence
$4.8M
$2.5Mlikely range$6.6M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$15.5M
a year
Profit (EBITDA)
$1.3M
9% of revenue
Employees
37
reported in 2020
Harold Dills
Founder · source
Likely to sell

How we got $4.8M

Based on its 37 employees and its payroll, both reported for PPP in 2020 and brought up to date.

37 employees × $299K each$11.1M
PPP payroll ÷ payroll's usual share of revenue$16.6M
Shown toward the top of its range×1.14
Revenue$15.5M
× 9% profit margin$1.3M
× 3.6 sale multiple = value$4.8M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 49 years (since 1977)
  • Founder still runs it after 49 years
  • Family in the business (Nathan Dills, Owner/ President)

From public records and the company's website, not a statement that it's for sale.

What they do

ACP Sheet Metal Company is one of Oklahoma's largest and most well-established sheet metal contractors, established in 1977 by Harold Dills. It serves the western 2/3 of Oklahoma with HVAC ductwork, industrial work, and drafting services for healthcare, education, institutional, private and military sectors.

Products & services
Rectangular / Spiral Duct FabricationDuctwork InstallationCoordination / Drafting ServicesHVAC Duct SystemsEstimatingDrafting and BIM CoordinationIndustrial Workinstallationhandrail/guardrailstairsplatforms and catwalks
Markets served
healthcareeducationinstitutionprivatemilitarymedicalprofessionalinstitutional
Service area
western 2/3 of OklahomaOklahoma

From the company's website. Industry: Plumbing, heating & air.

Estimated value over time

▲ 36% since 2020
$0$2.8M$5.6M20202026

Today'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

BusinessEst. revenueEst. profitDistance
ACP SHEET METAL CO., INC.
this business
$15.5M$1.3M—
MIDWEST FABRICATORS, LLC
Oklahoma City · 14 employees
$5.2M$550K0.0 mi
ON DEMAND RESTAURANT SERVICE LLC
Oklahoma City
$4.0M$428K0.4 mi
D&D Heat and Air
Oklahoma
$1.8M$237K0.7 mi
Western Plumbing
Oklahoma City
$1.8M$237K0.8 mi
Oklahoma Air conditioning
Oklahoma City
$1.8M$237K0.9 mi
OKLAHOMA AIR COND & AIR DUCT CLEANING I
Oklahoma City · 11 employees
$3.4M$365K0.9 mi

The full calculation

Employees reported to the SBA37
Revenue from headcount (employees × revenue per employee for companies this size)$11.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$16.6M
Estimate: the two combined (geometric mean)$15.5M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$1.3M

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$4.8M
Multiple for this size and industry3.6×
Value range$2.5M – $6.6M
Revenue range$10.2M – $17.6M
EBITDA range$884K – $1.5M
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

People & advisors

Founded 1977 by Harold Dills
“ACP was started in 1977 by Harold Dills, a native of North Carolina.”

Leadership

  • ND
    Nathan Dills
    Owner/ President · Company website · source
  • JB
    Jordan Belew
    Executive VP · Company website · source
  • RH
    Ronnie Hames
    VP of Estimating · Company website · source
  • FB
    Frankie Ball
    VP of Construction · Company website · source
  • RB
    Robert Bise
    Project Manager-Construction · Company website · source
  • CT
    Cody Thomas
    Project Manager-Industrial · Company website · source

Advisors

  • BankingThe Central Trust 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

The Central Trust Bank
PPP 2020, PPP 2021
All 323 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$560K$565K37The Central Trust Bank
2/7/2021second$560K$563K34The Central Trust Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Acp Sheet Metal Co., Inc.

Acp Sheet Metal Co., Inc. is a plumbing, heating & air company in Oklahoma City, Oklahoma, in business since 1977. It is owned by Harold Dills (Founder). Its estimated annual revenue is about $15.5M, with roughly $1.3M of EBITDA. It has about 37 employees. Its estimated business value is $4.8M (likely range $2.5M–$6.6M).

Common questions

Who owns Acp Sheet Metal Co., Inc.?
Acp Sheet Metal Co., Inc. is owned by Harold Dills (Founder), according to public sources such as the company's website or filings.
How much revenue does Acp Sheet Metal Co., Inc. make?
SeeBITDA estimates Acp Sheet Metal Co., Inc.'s annual revenue at about $15.5M (likely between $10.2M and $17.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Acp Sheet Metal Co., Inc. worth?
About $4.8M, roughly 3.6× its estimated EBITDA of $1.3M, typical for a plumbing, heating & air company its size. Likely range: $2.5M–$6.6M.
How many employees does Acp Sheet Metal Co., Inc. have?
About 37, as reported on its PPP loan.
When was Acp Sheet Metal Co., Inc. founded?
Acp Sheet Metal Co., Inc. has been in business since 1977.
Is Acp Sheet Metal Co., Inc. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 49 years (since 1977); founder still runs it after 49 years; family in the business (nathan dills, owner/ president).