Bowen Heating & Air
How we got $191K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BOWEN HEATING & AIR this business | $743K | — |
| RIEMER AND SON LLC Oklahoma City · 2 employees | $652K | 0.4 mi |
| ONE ELECTRIC LLC Oklahoma City · 41 employees | $11.3M | 0.8 mi |
| SPEARS MIDDLETON LLC Oklahoma City · 3 employees | $1.1M | 0.9 mi |
| TRINITY ELECTRICAL SOLUTIONS Yukon · 1 employees | $222K | 1.0 mi |
| Oklahoma Infra-red, Inc. Oklahoma City | $3.8M | 1.1 mi |
| LB PLUMBING INC Yukon · 1 employees | $221K | 1.1 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) | $546K |
| Estimate: the two combined (geometric mean) | $743K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $95K |
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 | $191K |
| Multiple for this size and industry | 2× |
| Value range | $100K – $261K |
| Revenue range | $489K – $847K |
| EBITDA range | $63K – $109K |
| 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
History & advisors
Advisors
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $16K | 3 |
3 locations
| 3509 Wayfield Ave. | Okc | This listing |
| 7160 Melrose Ln | Oklahoma City | View |
| 7628 Melrose Ln | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About Bowen Heating & Air
Bowen Heating & Air is a plumbing, heating & air company in Okc, Oklahoma. Its estimated annual revenue is about $743K, with roughly $95K of EBITDA. It has about 3 employees. Its estimated business value is $191K (likely range $100K–$261K). It has 3 locations.
Common questions
- Who owns Bowen Heating & Air?
- The owner of Bowen Heating & Air 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 Bowen Heating & Air make?
- SeeBITDA estimates Bowen Heating & Air's annual revenue at about $743K (likely between $489K and $847K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bowen Heating & Air worth?
- About $191K, roughly 2× its estimated EBITDA of $95K, typical for a plumbing, heating & air company its size. Likely range: $100K–$261K.
- How many employees does Bowen Heating & Air have?
- About 3, as reported on its PPP loan.