Air Comfort, Inc
How we got $6.5M
Based on its 62 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 57 years (since 1969)
- Headcount down 30% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Air Comfort, Inc. provides commercial and residential HVAC installation, service and repair in Jenks, Tulsa and surrounding areas, and says it has been in business since 1969.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Customers
- Tulsa Zoo · named on its website
- T Town Chevrolet Jim Norton · named on its website
- Reasors Jenks · named on its website
- Reasor's Broken Arrow · named on its website
- AAON · named on its website
- Meals on Wheels · named on its website
- Locust Grove Fieldhouse · named on its website
- Kansas Event Center · named on its website
Suppliers & brands
- Trane · brand it sells or installs
- Mitsubishi · 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.
Employees over time
▼ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 62 | $12.7M |
| 2020 | Form 5500 | 50 | $10.2M |
| 2021 | Form 5500 | 50 | $10.2M |
| 2022 | Form 5500 | 53 | $10.8M |
| 2023 | Form 5500 | 37 | $7.6M |
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 |
|---|---|---|
| AIR COMFORT, INC this business | $20.8M | — |
| RAINBOW PLUMBING COMPANY Jenks · 5 employees | $1.7M | 0.3 mi |
| Riverside Heat & Air LLC Jenks | $1.8M | 0.4 mi |
| American Leak Detection Of Eastern Oklahoma Jenks | $1.8M | 0.5 mi |
| INNOVATIVE AIR PROS, INC. Jenks · 6 employees | $2.0M | 0.5 mi |
| BUXTON ELECTRIC LLC Tulsa · 17 employees | $5.4M | 0.6 mi |
| 3 STARS HEAT AND AIR Jenks · 7 employees | $1.9M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 62 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $18.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.9M |
| Estimate: the two combined (geometric mean) | $20.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.5M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.4M – $8.9M |
| Revenue range | $13.7M – $23.7M |
| EBITDA range | $1.2M – $2.1M |
| 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
“Our number one priority is to serve our customers and have been doing just that since 1969.”
Leadership
- CLCecil Lee CrainSigned for the company · 2021 retirement-plan filing (Form 5500)
Advisors
- BankingOklahoma Capital 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
| Oklahoma Capital Bank PPP 2020, PPP 2021 | All 45 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $603K | 62 |
| 3/13/2021 | second | $576K | 57 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Air Comfort, Inc
Air Comfort, Inc is a plumbing, heating & air company in Jenks, Oklahoma, in business since 1969. Its estimated annual revenue is about $20.8M, with roughly $1.8M of EBITDA. It has about 37 employees. Its estimated business value is $6.5M (likely range $3.4M–$8.9M).
Common questions
- Who owns Air Comfort, Inc?
- The owner of Air Comfort, 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 Air Comfort, Inc make?
- SeeBITDA estimates Air Comfort, Inc's annual revenue at about $20.8M (likely between $13.7M and $23.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Air Comfort, Inc worth?
- About $6.5M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a plumbing, heating & air company its size. Likely range: $3.4M–$8.9M.
- How many employees does Air Comfort, Inc have?
- About 37, from its 2023 retirement-plan filing.
- When was Air Comfort, Inc founded?
- Air Comfort, Inc has been in business since 1969.
- Is Air Comfort, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 57 years (since 1969); headcount down 30% since 2022 (retirement plan filings).