Air-Heat Systems, LLC
How we got $214K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Air Heat Systems, LLC is a heating, cooling and air services company in Pryor, OK, offering ventilation, air duct cleaning and heating and cooling for industrial, commercial, residential and new construction customers, since 1975.
From the company's website. Industry: Plumbing, heating & air.
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 |
|---|---|---|
| AIR-HEAT SYSTEMS, LLC this business | $834K | — |
| COLLINS ELECTRIC COMPANY OF OKLAHOMA, INC Pryor · 29 employees | $11.0M | 0.1 mi |
| MELTON'S AIR CONDITIONING & APPLIANCE SERVICE, INC. Pryor · 15 employees | $4.8M | 0.1 mi |
| S & J PLUMBING, INC. Pryor | $1.8M | 0.6 mi |
| MASTERS HEATING & COOLING, INC. Pryor · 14 employees | $3.7M | 0.7 mi |
| S&J PLUMBIMG, INC. Pryor · 7 employees | $2.2M | 0.7 mi |
| MAYFIELD PLUMBING CONSTRUCTION,INC Pryor · 5 employees | $1.6M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $776K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $690K |
| Estimate: the two combined (geometric mean) | $834K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $107K |
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 | $214K |
| Multiple for this size and industry | 2× |
| Value range | $113K – $293K |
| Revenue range | $549K – $951K |
| EBITDA range | $70K – $122K |
| 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
Advisors
- BankingFirst Pryority 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
| First Pryority Bank PPP 2020, PPP 2021 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $21K | 3 |
| 1/22/2021 | second | $21K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Air-Heat Systems, LLC
Air-Heat Systems, LLC is a plumbing, heating & air company in Pryor, Oklahoma, in business since 2020. It is owned by Richard Bradshaw. Its estimated annual revenue is about $834K, with roughly $107K of EBITDA. It has about 3 employees. Its estimated business value is $214K (likely range $113K–$293K).
Common questions
- Who owns Air-Heat Systems, LLC?
- Air-Heat Systems, LLC is owned by Richard Bradshaw, according to public sources such as the company's website or filings.
- How much revenue does Air-Heat Systems, LLC make?
- SeeBITDA estimates Air-Heat Systems, LLC's annual revenue at about $834K (likely between $549K and $951K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Air-Heat Systems, LLC worth?
- About $214K, roughly 2× its estimated EBITDA of $107K, typical for a plumbing, heating & air company its size. Likely range: $113K–$293K.
- How many employees does Air-Heat Systems, LLC have?
- About 3, as reported on its PPP loan.
- When was Air-Heat Systems, LLC founded?
- Air-Heat Systems, LLC has been in business since 2020.