Drain Masters, Inc
How we got $1.9M
Based on its 19 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
Drain Masters, Inc is a family-owned plumbing business offering residential and commercial plumbing, drain cleaning, and septic and grease trap pumping in Fort Smith, Arkansas and surrounding areas, available 24/7.
From the company's website. Industry: Plumbing, heating & air.
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 |
|---|---|---|
| DRAIN MASTERS, INC this business | $6.1M | — |
| LOWDER BROTHERS HEATING AND AIR LLC Pocola · 16 employees | $3.6M | 1.1 mi |
| Lyons Plumbing & Custom Designs Pocola | $1.8M | 3.1 mi |
| PHIL WRIGHT PLUMBING Spiro · 3 employees | $767K | 5.1 mi |
| WAR EAGLE LINE SERVICE LLC Muldrow · 5 employees | $1.1M | 7.8 mi |
| LOVELL PLUMBING Spiro · 1 employees | $485K | 8.3 mi |
| Freeman Heat & Air LLC Roland | $1.8M | 9.6 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.0M |
| Estimate: the two combined (geometric mean) | $6.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $647K |
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 | $1.9M |
| Multiple for this size and industry | 3× |
| Value range | $1.0M – $2.7M |
| Revenue range | $4.0M – $7.0M |
| EBITDA range | $426K – $738K |
| 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
“Full-Service Plumbing Repair & Installation in the Fort Smith Area since 1986”
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $202K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Drain Masters, Inc
Drain Masters, Inc is a family-owned plumbing, heating & air company in Pocola, Oklahoma, in business since 1986. Its estimated annual revenue is about $6.1M, with roughly $647K of EBITDA. It has about 19 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.7M).
Common questions
- Who owns Drain Masters, Inc?
- The owner of Drain Masters, 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 Drain Masters, Inc make?
- SeeBITDA estimates Drain Masters, Inc's annual revenue at about $6.1M (likely between $4.0M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Drain Masters, Inc worth?
- About $1.9M, roughly 3× its estimated EBITDA of $647K, typical for a plumbing, heating & air company its size. Likely range: $1.0M–$2.7M.
- How many employees does Drain Masters, Inc have?
- About 19, as reported on its PPP loan.
- When was Drain Masters, Inc founded?
- Drain Masters, Inc has been in business since 1986.