Dowd Heat & Air, Inc.
How we got $903K
Based on its 11 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 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
What they do
Dowd Heat & Air is a family-owned heating and air conditioning contractor in Tulsa, OK, serving Tulsa-area homeowners with repair, replacement and tune-ups on AC, furnaces and heat pumps. The site also mentions residential and commercial service.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- Rheem · brand it sells or installs
- Carrier · brand it sells or installs
- Trane · brand it sells or installs
- Bryant · brand it sells or installs
- Goodman · brand it sells or installs
- Lennox · brand it sells or installs
- Upgrade · brand it sells or installs
- EcoNet · 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 |
|---|---|---|
| DOWD HEAT & AIR, INC. this business | $3.2M | — |
| LEE ENTERPRISES, LLC Tulsa · 8 employees | $2.2M | 0.1 mi |
| Horizon Mechanical Tulsa | $1.8M | 0.2 mi |
| Niagara Plumbing Tulsa | $1.8M | 0.3 mi |
| Midtown Mechanical Tulsa | $1.8M | 0.3 mi |
| Alert Plumbing Heat and Air, LLC Tulsa | $1.8M | 0.3 mi |
| Wilson Heating & Air Tulsa | $1.8M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $376K |
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 | $903K |
| Multiple for this size and industry | 2.4× |
| Value range | $475K – $1.2M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $247K – $429K |
| 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
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $98K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dowd Heat & Air, Inc.
Dowd Heat & Air, Inc. is a family-owned plumbing, heating & air company in Tulsa, Oklahoma, in business since 1995. Its estimated annual revenue is about $3.2M, with roughly $376K of EBITDA. It has about 11 employees. Its estimated business value is $903K (likely range $475K–$1.2M).
Common questions
- Who owns Dowd Heat & Air, Inc.?
- The owner of Dowd Heat & Air, 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 Dowd Heat & Air, Inc. make?
- SeeBITDA estimates Dowd Heat & Air, Inc.'s annual revenue at about $3.2M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dowd Heat & Air, Inc. worth?
- About $903K, roughly 2.4× its estimated EBITDA of $376K, typical for a plumbing, heating & air company its size. Likely range: $475K–$1.2M.
- How many employees does Dowd Heat & Air, Inc. have?
- About 11, as reported on its PPP loan.
- When was Dowd Heat & Air, Inc. founded?
- Dowd Heat & Air, Inc. has been in business since 1995.