Control Fire Systems, Company
How we got $6.4M
Based on its 55 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.
Employees over time
▼ 9% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 55 | $11.2M |
| 2020 | Form 5500 | 44 | $9.0M |
| 2021 | Form 5500 | 34 | $6.9M |
| 2022 | Form 5500 | 37 | $7.6M |
| 2023 | Form 5500 | 30 | $6.1M |
| 2024 | Form 5500 | 50 | $10.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
APIC Solutions says Control Fire is now fully integrated under the APIC Solutions brand, and that Control Fire has built a reputation over more than 20 years for high-quality, dependable fire protection work. The company offers fire protection design, sprinkler systems, fire pumps, inspections and related services, mainly for commercial and industrial spaces.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Customers
- Wanda L. Bass Center · named on its website
- The Citizen · named on its website
- Monarch Building · named on its website
- Pico at the Flat Iron · named on its website
- The Ziggurat · named on its website
- Heartland Building · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CONTROL FIRE SYSTEMS, COMPANY this business | $20.4M | — |
| Electrical Line Services Inc Oklahoma City | $1.9M | 0.7 mi |
| SHIELD SYSTEMS Oklahoma City · 7 employees | $1.7M | 0.8 mi |
| TRI-TECH ELECTRIC, INC. Oklahoma City · 12 employees | $3.5M | 1.8 mi |
| RELIANCE REFRIGERATION AND HVAC INC Oklahoma City · 2 employees | $362K | 1.9 mi |
| JSG ELECTRICAL SOLUTIONS LLC Oklahoma City · 2 employees | $635K | 2.1 mi |
| Paschal Air, Plumbing & Electric Newcastle | $1.9M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 55 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.5M |
| Estimate: the two combined (geometric mean) | $20.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.4M – $8.7M |
| Revenue range | $13.5M – $23.3M |
| EBITDA range | $1.2M – $2.0M |
| 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
“For over 20 years, Control Fire has built a strong reputation for delivering high-quality work and dependable service in their respective fields.”
Advisors
- BankingInterBankPPP / 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
| InterBank PPP 2020, PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $656K | 55 |
| 1/21/2021 | second | $540K | 46 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Control Fire Systems, Company
Control Fire Systems, Company is a plumbing, heating & air company in Oklahoma City, Oklahoma, in business since 2000. Its estimated annual revenue is about $20.4M, with roughly $1.8M of EBITDA. It has about 50 employees. Its estimated business value is $6.4M (likely range $3.4M–$8.7M).
Common questions
- Who owns Control Fire Systems, Company?
- The owner of Control Fire Systems, Company 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 Control Fire Systems, Company make?
- SeeBITDA estimates Control Fire Systems, Company's annual revenue at about $20.4M (likely between $13.5M and $23.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Control Fire Systems, Company worth?
- About $6.4M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a plumbing, heating & air company its size. Likely range: $3.4M–$8.7M.
- How many employees does Control Fire Systems, Company have?
- About 50, from its 2024 retirement-plan filing.
- When was Control Fire Systems, Company founded?
- Control Fire Systems, Company has been in business since 2000.