H. G. Flake Company, Inc.
How we got $5.2M
Based on its 13 employees and its payroll, both reported for PPP in 2021 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.
Estimated value over time
▲ 40% since 2021Today'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 |
|---|---|---|
| H. G. FLAKE COMPANY, INC. this business | $17.6M | — |
| CASTERS OF OKLAHOMA INC Tulsa · 13 employees | $9.9M | 3.4 mi |
| TAMKEN ADAPTORS, LLC Tulsa · 2 employees | $2.5M | 4.0 mi |
| UTILITY SUPPLY COMPANY Tulsa · 28 employees | $36.8M | 4.6 mi |
| ARCTIC SALES AND LEASING, INC Tulsa · 5 employees | $5.1M | 4.9 mi |
| PDI DOOR & HARDWARE, LLC Owasso · 13 employees | $10.2M | 5.7 mi |
| HEATWAVE SUPPLY, INC. Tulsa · 46 employees | $61.2M | 5.7 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.7M |
| Estimate: the two combined (geometric mean) | $17.6M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.2M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.7M – $7.1M |
| Revenue range | $11.6M – $20.1M |
| EBITDA range | $794K – $1.4M |
| Industry (NAICS) | Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (423720) |
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
Advisors
- BankingSecurity 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
| Security Bank PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/23/2021 | second | $202K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About H. G. Flake Company, Inc.
H. G. Flake Company, Inc. is a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company in Tulsa, Oklahoma, in business since 2008. Its estimated annual revenue is about $17.6M, with roughly $1.2M of EBITDA. It has about 13 employees. Its estimated business value is $5.2M (likely range $2.7M–$7.1M).
Common questions
- Who owns H. G. Flake Company, Inc.?
- The owner of H. G. Flake Company, 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 H. G. Flake Company, Inc. make?
- SeeBITDA estimates H. G. Flake Company, Inc.'s annual revenue at about $17.6M (likely between $11.6M and $20.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H. G. Flake Company, Inc. worth?
- About $5.2M, roughly 4.3× its estimated EBITDA of $1.2M, typical for a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company its size. Likely range: $2.7M–$7.1M.
- How many employees does H. G. Flake Company, Inc. have?
- About 13, as reported on its PPP loan.
- When was H. G. Flake Company, Inc. founded?
- H. G. Flake Company, Inc. has been in business since 2008.