Air-O Heat & Air Conditioning, Inc
How we got $1.0M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
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-O HEAT & AIR CONDITIONING, INC this business | $4.1M | — |
| HANCOCK PLUMBING LLC Stillwater · 2 employees | $877K | 1.0 mi |
| ACE ELECTRIC LLC Stillwater · 4 employees | $1.3M | 1.7 mi |
| OVERHEAD DOOR CO. OF STILLWATER, L.L.C. Stillwater · 9 employees | $4.1M | 1.8 mi |
| HARRISON ELECTRIC OF STILLWATER INC Stillwater · 7 employees | $1.8M | 2.0 mi |
| BIZMARK ELECTRIC LLC Stillwater · 8 employees | $2.0M | 2.3 mi |
| ADVANTAGE PLUMBING HEATING AND COOLING, LLC Stillwater · 19 employees | $5.3M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.3M |
| Estimate: the two combined (geometric mean) | $4.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $436K |
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 | $1.0M |
| Multiple for this size and industry | 2.4× |
| Value range | $550K – $1.4M |
| Revenue range | $2.7M – $4.7M |
| EBITDA range | $286K – $497K |
| 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
- BankingThe Bank National AssociationPPP / 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 Bank National Association PPP 2020 | All 161 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $145K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Air-O Heat & Air Conditioning, Inc
Air-O Heat & Air Conditioning, Inc is a plumbing, heating & air company in Stillwater, Oklahoma, in business since 2008. Its estimated annual revenue is about $4.1M, with roughly $436K of EBITDA. It has about 12 employees. Its estimated business value is $1.0M (likely range $550K–$1.4M).
Common questions
- Who owns Air-O Heat & Air Conditioning, Inc?
- The owner of Air-O Heat & Air Conditioning, 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-O Heat & Air Conditioning, Inc make?
- SeeBITDA estimates Air-O Heat & Air Conditioning, Inc's annual revenue at about $4.1M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Air-O Heat & Air Conditioning, Inc worth?
- About $1.0M, roughly 2.4× its estimated EBITDA of $436K, typical for a plumbing, heating & air company its size. Likely range: $550K–$1.4M.
- How many employees does Air-O Heat & Air Conditioning, Inc have?
- About 12, as reported on its PPP loan.
- When was Air-O Heat & Air Conditioning, Inc founded?
- Air-O Heat & Air Conditioning, Inc has been in business since 2008.