Half Moon Plumbing Inc
How we got $682K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▲ 257% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $1.4M |
| 2022 | Form 5500 | 15 | $3.1M |
| 2023 | Form 5500 | 19 | $3.9M |
| 2024 | Form 5500 | 25 | $5.1M |
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
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.
What they do
Half Moon Plumbing & Electric is a locally owned home services company in Tulsa, Oklahoma, offering plumbing, water treatment, electrical and septic services to homeowners and businesses in the greater Tulsa area.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- Kinetico · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HALF MOON PLUMBING INC this business | $2.4M | — |
| Christian Irrigation Inc Owasso | $2.0M | 0.9 mi |
| GP&C, INC Collinsville · 5 employees | $1.2M | 1.7 mi |
| CRAWFORD-BEESON COMPANIES INC Owasso · 5 employees | $1.9M | 1.7 mi |
| CONRAD ELECTRIC LLC Collinsville · 6 employees | $1.1M | 1.8 mi |
| 1ST CHOICE HVACR LLC Owasso · 2 employees | $866K | 1.8 mi |
| EC PLUMBING & DRAIN INC Owasso · 9 employees | $2.5M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $284K |
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 | $682K |
| Multiple for this size and industry | 2.4× |
| Value range | $359K – $934K |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $187K – $324K |
| 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
History & advisors
Advisors
- BankingFirst Bank of OwassoPPP / 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
| First Bank of Owasso PPP 2020 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $90K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Half Moon Plumbing Inc
Half Moon Plumbing Inc is a plumbing, heating & air company in Owasso, Oklahoma, in business since 2008. It is owned by Dustin Mitchell. Its estimated annual revenue is about $2.4M, with roughly $284K of EBITDA. It has about 25 employees. Its estimated business value is $682K (likely range $359K–$934K).
Common questions
- Who owns Half Moon Plumbing Inc?
- Half Moon Plumbing Inc is owned by Dustin Mitchell, according to public sources such as the company's website or filings.
- How much revenue does Half Moon Plumbing Inc make?
- SeeBITDA estimates Half Moon Plumbing Inc's annual revenue at about $2.4M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Half Moon Plumbing Inc worth?
- About $682K, roughly 2.4× its estimated EBITDA of $284K, typical for a plumbing, heating & air company its size. Likely range: $359K–$934K.
- How many employees does Half Moon Plumbing Inc have?
- About 25, from its 2024 retirement-plan filing.
- When was Half Moon Plumbing Inc founded?
- Half Moon Plumbing Inc has been in business since 2008.