SeeBITDAOklahoma

E.t. Mechanical LLC

Other Support Activities for Air Transportation
Estimated valueMedium confidence
$1.6M
$835Klikely range$2.2M
About 3.2× its yearly profit, typical for a company this size in its industry.
Revenue
$4.2M
a year
Profit (EBITDA)
$496K
12% of revenue
Employees
11
reported in 2020
Leadership
Ed Schwartz
Owner · source · confirmed by 2 sources
Likely to sell
  • Tom Bierschwale
    Co-founder and former partner; sold his share in 1993 · Company website
  • Kelli Shene
    Signs company filings · Form 5500 (2020)

How we got $1.6M

Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.

11 employees × $309K each$3.4M
PPP payroll ÷ payroll's usual share of revenue$4.0M
Shown toward the top of its range×1.14
Revenue$4.2M
× 12% profit margin$496K
× 3.2 sale multiple = value$1.6M

· Own this business? Correct these figures

Estimated value over time

▲ 2% since 2020
$0$912K$1.8M202020212022202320242026

Today'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

▼ 64% since 2020
0102020202021202220232024114
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan11$2.7M$321K
2020Form 55004$989K$117K
2021Form 55004$989K$117K
2022Form 55004$989K$117K
2023Form 55004$989K$117K
2024Form 55004$989K$117K

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

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 40 years (since 1986)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

E.T. Mechanical is an FAA Part 145 repair station in Bethany, OK that provides general and corporate aviation maintenance, repairs, battery and power supply services, and non-destructive testing for aircraft owners and operators.

Products & services
Aircraft MaintenanceBattery and Power Supply ShopNon-Destructive TestingSpecialized RepairsLimited Accessory RatingsPilatus MaintenanceHawker MaintenanceBeech MaintenanceCessna MaintenanceChallenger Maintenance
Markets served
corporate aviation
Service area
Oklahoma CityOklahoma
Certifications
FAA Part 145 Repair StationLevel 2 Non Destructive Testing (NDT)

From the company's website. Industry: Other Support Activities for Air Transportation.

Customers & suppliers

Customers

  • Touchdown Aviation LLC · named on its website

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
E.T. MECHANICAL LLC
this business
$4.2M$496K—
ASSOCIATED AERO SERVICE, INC.
Bethany · 9 employees
$3.5M$415K0.1 mi
CAPITAL AVIATION, INC
Bethany · 50 employees
$21.8M$1.9M0.1 mi
JET STREAM DETAILING LLC
Bethany · 2 employees
$653K$85K0.2 mi
STARLINE INC.
Bethany · 9 employees
$3.7M$442K0.3 mi
TURBINE AIRCRAFT SERVICES LLC
Bethany · 11 employees
$4.2M$499K0.4 mi
AK STRUCTURES LLC
Bethany · 12 employees
$5.0M$534K0.6 mi

The full calculation

Employees reported to the SBA11
Revenue from headcount (employees × revenue per employee for companies this size)$3.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$4.0M
Estimate: the two combined (geometric mean)$4.2M
EBITDA margin (industry, adjusted for size)12%
EBITDA = revenue × margin$496K

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$1.6M
Multiple for this size and industry3.2×
Value range$835K – $2.2M
Revenue range$2.8M – $4.8M
EBITDA range$326K – $565K
Industry (NAICS)Other Support Activities for Air Transportation (488190)

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

Founded 1986 by Ed Schwartz and Tom Bierschwale
“Out of these layoffs, a new company was born in 1986.”

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020, PPP 2021
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$149K$150K11BancFirst
3/3/2021second$149K$150K10BancFirst

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About E.t. Mechanical LLC

E.t. Mechanical LLC is an other support activities for air transportation company in Bethany, Oklahoma, in business since 1986. It is owned by Ed Schwartz. Its estimated annual revenue is about $4.2M, with roughly $496K of EBITDA. It has about 4 employees. Its estimated business value is $1.6M (likely range $835K–$2.2M).

Common questions

Who owns E.t. Mechanical LLC?
E.t. Mechanical LLC is owned by Ed Schwartz, according to public sources such as the company's website or filings.
How much revenue does E.t. Mechanical LLC make?
SeeBITDA estimates E.t. Mechanical LLC's annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is E.t. Mechanical LLC worth?
About $1.6M, roughly 3.2× its estimated EBITDA of $496K, typical for a other support activities for air transportation company its size. Likely range: $835K–$2.2M.
How many employees does E.t. Mechanical LLC have?
About 4, from its 2024 retirement-plan filing.
When was E.t. Mechanical LLC founded?
E.t. Mechanical LLC has been in business since 1986.
Is E.t. Mechanical LLC for sale?
There's no public listing, but it shows signs that often come before a sale: in business 40 years (since 1986); no family successor named on its website.