Beene Services, LLC
How we got $5.2M
Based on its 52 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 29 years (since 1997)
- Founder still runs it after 29 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Beene Services is a locally owned plumbing contractor in Broken Arrow, Oklahoma, providing residential and commercial plumbing repairs, installations, and remodels for homeowners and businesses.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MAZZIO'S LLC · Tulsa, 12 mi · $80.0M
- REW III LLC · Tulsa, 9 mi · $70.4M
- HIDEAWAY- 2 INC · Tulsa, 17 mi · $63.9M
- SJK, LLC · Broken Arrow, 5 mi · $48.1M
- WICHITA SDI, LLC · Prague, 64 mi · $46.7M
- OSAGE NATION GAMING ENTERPRISE · Tulsa, 21 mi · $274.0M
- SENECA CAYUGA NATION · Grove, 73 mi · $47.5M
- SHANGRI-LA RESORT, LLC · Afton, 63 mi · $31.6M
- TULSA HOTEL LLC · Tulsa, 18 mi · $18.6M
- SJS HOSPITALITY LLC · Broken Arrow, 6 mi · $15.4M
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 |
|---|---|---|
| BEENE SERVICES, LLC this business | $16.7M | — |
| CENTRAL STATES ERECTORS INC Broken Arrow · 6 employees | $2.5M | 1.0 mi |
| APSCO PROFESSIONAL SERVICE CO, INC. Broken Arrow · 6 employees | $2.0M | 1.7 mi |
| Midwest Mechanical, Inc. Broken Arrow | $1.8M | 1.7 mi |
| Mr. Electric of Broken Arrow Broken Arrow | $1.8M | 1.7 mi |
| 3H ELECTRIC LLC Broken Arrow · 2 employees | $584K | 1.8 mi |
| HOT SHOT ELECTRIC LLC Broken Arrow · 3 employees | $698K | 2.2 mi |
The full calculation
| Employees reported to the SBA | 52 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.8M |
| Estimate: the two combined (geometric mean) | $16.7M |
| 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 | $5.2M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.7M – $7.1M |
| Revenue range | $11.0M – $19.1M |
| EBITDA range | $955K – $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
People & advisors
“Since 1997, Beene Services LLC has provided professional plumbing solutions built on quality workmanship, dependable service, and a commitment to customer satisfaction.”
Leadership
- DHDavid HowardPresident · Company website · source
- DSDina SaundersService Coordinator · Company website · source
- DBDoug BensonGeneral Manager · Company website · source
- JLJulie LawsonAccounts Payable · Company website · source
- JBJennifer BraggBookkeeper/HR · Company website · source
- PGPhilip GibneyService Department Manager · Company website · source
Advisors
- BankingSecurity 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
| Security Bank 7(a) 2021, PPP 2020, PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $465K | 52 |
| 1/20/2021 | second | $465K | 41 |
Public records
| Apr 2021 | 7(a) | $1.4M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Beene Services, LLC
Beene Services, LLC is a plumbing, heating & air company in Broken Arrow, Oklahoma, in business since 1997. It is owned by Ricky Beene (Founder). Its estimated annual revenue is about $16.7M, with roughly $1.5M of EBITDA. It has about 52 employees. Its estimated business value is $5.2M (likely range $2.7M–$7.1M).
Common questions
- Who owns Beene Services, LLC?
- Beene Services, LLC is owned by Ricky Beene (Founder), according to public sources such as the company's website or filings.
- How much revenue does Beene Services, LLC make?
- SeeBITDA estimates Beene Services, LLC's annual revenue at about $16.7M (likely between $11.0M and $19.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Beene Services, LLC worth?
- About $5.2M, roughly 3.6× its estimated EBITDA of $1.5M, typical for a plumbing, heating & air company its size. Likely range: $2.7M–$7.1M.
- How many employees does Beene Services, LLC have?
- About 52, as reported on its PPP loan.
- When was Beene Services, LLC founded?
- Beene Services, LLC has been in business since 1997.
- Is Beene Services, LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 29 years (since 1997); founder still runs it after 29 years; no family successor named on its website.