Farris Heating and Air Conditioning, Inc.
How we got $332K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Farris Heating & Air is an HVAC company in Bartlesville, Oklahoma, providing heating, cooling, and indoor air quality service, installation, and maintenance to homeowners in the area.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- Lennox · 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 |
|---|---|---|
| FARRIS HEATING AND AIR CONDITIONING, INC. this business | $1.4M | — |
| C & S AIR, INC Bartlesville · 7 employees | $2.2M | 0.1 mi |
| MASON'S PLUMBING, INC. Bartlesville · 8 employees | $2.3M | 0.1 mi |
| LONG & BURTON PLUMBING CO., INC. Bartlesville · 2 employees | $406K | 0.1 mi |
| EARNEST HEAT & AIR INC Bartlesville · 13 employees | $4.7M | 0.6 mi |
| C&M PLUMBING LLC Bartlesville · 2 employees | $560K | 0.7 mi |
| Cornerstone Electric Llc Bartlesville | $1.8M | 1.1 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) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $166K |
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 | $332K |
| Multiple for this size and industry | 2× |
| Value range | $175K – $454K |
| Revenue range | $940K – $1.6M |
| EBITDA range | $109K – $189K |
| 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
- 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 | $43K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Farris Heating and Air Conditioning, Inc.
Farris Heating and Air Conditioning, Inc. is a plumbing, heating & air company in Bartlesville, Oklahoma, in business since 2015. Its estimated annual revenue is about $1.4M, with roughly $166K of EBITDA. It has about 5 employees. Its estimated business value is $332K (likely range $175K–$454K).
Common questions
- Who owns Farris Heating and Air Conditioning, Inc.?
- The owner of Farris Heating and Air Conditioning, 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 Farris Heating and Air Conditioning, Inc. make?
- SeeBITDA estimates Farris Heating and Air Conditioning, Inc.'s annual revenue at about $1.4M (likely between $940K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Farris Heating and Air Conditioning, Inc. worth?
- About $332K, roughly 2× its estimated EBITDA of $166K, typical for a plumbing, heating & air company its size. Likely range: $175K–$454K.
- How many employees does Farris Heating and Air Conditioning, Inc. have?
- About 5, as reported on its PPP loan.
- When was Farris Heating and Air Conditioning, Inc. founded?
- Farris Heating and Air Conditioning, Inc. has been in business since 2015.