Citywide Refrigeration Inc
How we got $196K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 30% since 2021Today'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 |
|---|---|---|
| CITYWIDE REFRIGERATION INC this business | $652K | — |
| OWENS COMMUNICATIONS, LLC Oklahoma City · 11 employees | $2.8M | 0.5 mi |
| CLARENCE A. KUHN Oklahoma City · 1 employees | $239K | 1.0 mi |
| MOMENTUM ELECTRIC LLC Oklahoma City · 6 employees | $1.4M | 1.3 mi |
| TANDEM ELECTRIC COMPANY LLC Oklahoma City · 2 employees | $368K | 1.3 mi |
| AVANT PLUMBING & HEATING Oklahoma City · 3 employees | $818K | 1.3 mi |
| Governair Corp. Oklahoma City | $1.8M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $517K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $633K |
| Estimate: the two combined (geometric mean) | $652K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $98K |
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 | $196K |
| Multiple for this size and industry | 2× |
| Value range | $103K – $269K |
| Revenue range | $429K – $744K |
| EBITDA range | $65K – $112K |
| 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
- BankingReadycap Lending, LLCPPP / 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
| Readycap Lending, LLC PPP 2021 | All 134 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/21/2021 | first | $19K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Citywide Refrigeration Inc
Citywide Refrigeration Inc is a plumbing, heating & air company in Oklahoma City, Oklahoma, in business since 2011. Its estimated annual revenue is about $652K, with roughly $98K of EBITDA. It has about 2 employees. Its estimated business value is $196K (likely range $103K–$269K).
Common questions
- Who owns Citywide Refrigeration Inc?
- The owner of Citywide Refrigeration 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 Citywide Refrigeration Inc make?
- SeeBITDA estimates Citywide Refrigeration Inc's annual revenue at about $652K (likely between $429K and $744K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Citywide Refrigeration Inc worth?
- About $196K, roughly 2× its estimated EBITDA of $98K, typical for a plumbing, heating & air company its size. Likely range: $103K–$269K.
- How many employees does Citywide Refrigeration Inc have?
- About 2, as reported on its PPP loan.
- When was Citywide Refrigeration Inc founded?
- Citywide Refrigeration Inc has been in business since 2011.