Bobs Plumbing Co., Inc.
How we got $798K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 54 years (since 1972)
From public records and the company's website, not a statement that it's for sale.
What they do
Bob's Plumbing Company provides residential and commercial plumbing repairs, installations, and drain cleanings to Norman and the surrounding area. It is a family owned and operated business that has served Norman and Noble since 1972.
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 |
|---|---|---|
| BOBS PLUMBING CO., INC. this business | $2.9M | — |
| TODD'S AC OF NORMAN, INC Norman · 7 employees | $2.1M | 0.3 mi |
| Alameda Heat & Air Norman | $1.8M | 0.4 mi |
| NAUTILUS TECHNOLOGIES, LLC Norman · 1 employees | $223K | 1.1 mi |
| REX VALOUCH ELECTRIC LLC Norman · 1 employees | $457K | 1.5 mi |
| GENESIS ELECTRIC LLC Norman · 3 employees | $933K | 1.5 mi |
| Corwine Electric And Security Norman | $1.8M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $332K |
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 | $798K |
| Multiple for this size and industry | 2.4× |
| Value range | $420K – $1.1M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $219K – $379K |
| 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 United Bank and Trust CompanyPPP / 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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $84K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bobs Plumbing Co., Inc.
Bobs Plumbing Co., Inc. is a family-owned plumbing, heating & air company in Norman, Oklahoma, in business since 1972. Its estimated annual revenue is about $2.9M, with roughly $332K of EBITDA. It has about 10 employees. Its estimated business value is $798K (likely range $420K–$1.1M).
Common questions
- Who owns Bobs Plumbing Co., Inc.?
- The owner of Bobs Plumbing Co., 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 Bobs Plumbing Co., Inc. make?
- SeeBITDA estimates Bobs Plumbing Co., Inc.'s annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bobs Plumbing Co., Inc. worth?
- About $798K, roughly 2.4× its estimated EBITDA of $332K, typical for a plumbing, heating & air company its size. Likely range: $420K–$1.1M.
- How many employees does Bobs Plumbing Co., Inc. have?
- About 10, as reported on its PPP loan.
- When was Bobs Plumbing Co., Inc. founded?
- Bobs Plumbing Co., Inc. has been in business since 1972.