Diamond Plumbing Services
How we got $382K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Diamond Plumbing is a locally owned and operated plumbing company serving Southeast and Central Oklahoma since 2008, offering plumbing repair, remodel and water softener work for local customers.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- Wisetack · brand it sells or installs
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 |
|---|---|---|
| DIAMOND PLUMBING SERVICES this business | $1.6M | — |
| ADVANCED HEATING & AIR OF ADA INC. Ada · 5 employees | $1.3M | 1.1 mi |
| JA-CO HEATING AND AIR LLC Ada · 4 employees | $875K | 1.1 mi |
| NICKERSON PLUMBING, LLC Ada · 7 employees | $1.9M | 1.5 mi |
| MCGEHEE ELECTRIC, L.L.C Ada · 5 employees | $1.1M | 1.6 mi |
| A & R PLUMBING LLC Ada · 2 employees | $475K | 1.8 mi |
| DEPENDABLE HEAT & AIR Ada · 14 employees | $3.7M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $191K |
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 | $382K |
| Multiple for this size and industry | 2× |
| Value range | $201K – $523K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $126K – $218K |
| 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
“Since 2008, Diamond Plumbing has been the trusted choice for homeowners and businesses across Southeast and Central Oklahoma.”
Leadership
- SNSalomon NavarroJourneyman/Supervisor · Company website · source
- JMJeremy MarrJourneyman/Supervisor · Company website · source
- KLKory LillerPlumbing Technician · Company website · source
- RTReagan TraceyPlumbing Technician · Company website · source
- ESEric SunagoowiePlumbing Technician · Company website · source
Advisors
- BankingVision 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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $57K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Diamond Plumbing Services
Diamond Plumbing Services is a plumbing, heating & air company in Ada, Oklahoma, in business since 2008. It is owned by Bryant Redwine (Owner/Contractor). Its estimated annual revenue is about $1.6M, with roughly $191K of EBITDA. It has about 5 employees. Its estimated business value is $382K (likely range $201K–$523K).
Common questions
- Who owns Diamond Plumbing Services?
- Diamond Plumbing Services is owned by Bryant Redwine (Owner/Contractor), according to public sources such as the company's website or filings.
- How much revenue does Diamond Plumbing Services make?
- SeeBITDA estimates Diamond Plumbing Services's annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Diamond Plumbing Services worth?
- About $382K, roughly 2× its estimated EBITDA of $191K, typical for a plumbing, heating & air company its size. Likely range: $201K–$523K.
- How many employees does Diamond Plumbing Services have?
- About 5, as reported on its PPP loan.
- When was Diamond Plumbing Services founded?
- Diamond Plumbing Services has been in business since 2008.