Bret's Plumbing, Inc.
How we got $183K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| BRET'S PLUMBING, INC. this business | $610K | — |
| Kline Mechanical Plumbing Elk City | $1.8M | 0.8 mi |
| Red Hot Electric Elk City | $1.8M | 1.6 mi |
| SOUTHWEST OVERHEAD GARAGE DOOR, LLC Elk City · 7 employees | $2.9M | 2.1 mi |
| SMITH MECHANICAL, L.L.C. Elk City · 5 employees | $1.2M | 2.4 mi |
| CULVER ELECTRIC, LLC Elk City · 50 employees | $17.6M | 2.5 mi |
| A1R TEK LLC Elk City | $1.8M | 2.6 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) | $368K |
| Estimate: the two combined (geometric mean) | $610K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $92K |
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 | $183K |
| Multiple for this size and industry | 2× |
| Value range | $96K – $251K |
| Revenue range | $401K – $695K |
| EBITDA range | $60K – $105K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $11K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bret's Plumbing, Inc.
Bret's Plumbing, Inc. is a plumbing, heating & air company in Elk City, Oklahoma, in business since 2017. Its estimated annual revenue is about $610K, with roughly $92K of EBITDA. It has about 3 employees. Its estimated business value is $183K (likely range $96K–$251K).
Common questions
- Who owns Bret's Plumbing, Inc.?
- The owner of Bret's Plumbing, 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 Bret's Plumbing, Inc. make?
- SeeBITDA estimates Bret's Plumbing, Inc.'s annual revenue at about $610K (likely between $401K and $695K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bret's Plumbing, Inc. worth?
- About $183K, roughly 2× its estimated EBITDA of $92K, typical for a plumbing, heating & air company its size. Likely range: $96K–$251K.
- How many employees does Bret's Plumbing, Inc. have?
- About 3, as reported on its PPP loan.
- When was Bret's Plumbing, Inc. founded?
- Bret's Plumbing, Inc. has been in business since 2017.