Butler Plumbing Inc
How we got $2.0M
Based on its 20 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 40 years (since 1986)
From public records and the company's website, not a statement that it's for sale.
What they do
Butler Plumbing Inc is a licensed, insured, and bonded plumbing company serving residential and commercial clients in Oklahoma City, OK, since 1986.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Customers
- Panda Express · named on its website
- Nissan · named on its website
- Honda · named on its website
- Crunch Fitness · named on its website
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 |
|---|---|---|
| BUTLER PLUMBING INC this business | $6.2M | — |
| W & W ELECTRIC MOTOR SERVICE, INC Oklahoma City · 5 employees | $1.5M | 0.2 mi |
| GOBER HEAT & AIR, LLC Oklahoma City · 9 employees | $2.5M | 0.4 mi |
| HIBDON'S MECHANICAL AND RESTAURANT SERVICES LLC Oklahoma City · 9 employees | $3.2M | 0.4 mi |
| ATOMIC SERVICES, INC. Oklahoma City · 10 employees | $3.1M | 0.4 mi |
| ATLANTIC FABRICATION & DESIGN, LLC Oklahoma City · 12 employees | $3.9M | 0.5 mi |
| STREETS, LLC Oklahoma City · 87 employees | $44.1M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.9M |
| Estimate: the two combined (geometric mean) | $6.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $656K |
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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.0M – $2.7M |
| Revenue range | $4.1M – $7.1M |
| EBITDA range | $431K – $748K |
| 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
- BankingFrontier State 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
| Frontier State Bank PPP 2020, PPP 2021 | All 156 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $166K | 16 |
| 1/23/2021 | second | $172K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Butler Plumbing Inc
Butler Plumbing Inc is a family-owned plumbing, heating & air company in Oklahoma City, Oklahoma, in business since 1986. Its estimated annual revenue is about $6.2M, with roughly $656K of EBITDA. It has about 20 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).
Common questions
- Who owns Butler Plumbing Inc?
- The owner of Butler 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 Butler Plumbing Inc make?
- SeeBITDA estimates Butler Plumbing Inc's annual revenue at about $6.2M (likely between $4.1M and $7.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Butler Plumbing Inc worth?
- About $2.0M, roughly 3× its estimated EBITDA of $656K, typical for a plumbing, heating & air company its size. Likely range: $1.0M–$2.7M.
- How many employees does Butler Plumbing Inc have?
- About 20, as reported on its PPP loan.
- When was Butler Plumbing Inc founded?
- Butler Plumbing Inc has been in business since 1986.