Haynes Equipment Company
- Joe MossauerEquipment Sales and Application · Company website
- Steve WinfreyEquipment Sales and Application · Company website
- Tony MoraskaEquipment Sales and Application · Company website
- Steve MonterContract and Field Service · Company website
- Bobby SnowParts Sales · Company website
How we got $11.9M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 65 years (since 1961)
- Headcount down 21% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Haynes Equipment Company represents top equipment manufacturers in the municipal water and wastewater industry, offering new and used equipment, integration, programming, SCADA, and telemetry services. It has served Oklahoma since 1961.
From the company's website. Industry: Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers.
Estimated value over time
▲ 46% 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
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 26 | $26.5M |
| 2020 | Form 5500 | 33 | $33.7M |
| 2021 | Form 5500 | 28 | $28.6M |
| 2022 | Form 5500 | 26 | $26.5M |
| 2023 | Form 5500 | 26 | $26.5M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HAYNES EQUIPMENT COMPANY this business | $33.3M | — |
| KETNER ENTERPRISES OF EDMOND, INC Oklahoma City · 6 employees | $7.0M | 1.6 mi |
| SERVICE VENTURES, INC. Edmond · 4 employees | $3.6M | 1.8 mi |
| AMERICAN HEARTLAND DISTRIBUTORS, LLC Oklahoma City · 6 employees | $4.7M | 3.9 mi |
| BISON PIPE & SUPPLY, LLC Oklahoma City · 13 employees | $9.1M | 6.0 mi |
| INTERNATIONAL PIPE & SUPPLY, LLC Oklahoma City · 38 employees | $26.5M | 6.1 mi |
| MAYFAIR KEY AND LOCK LLC Oklahoma City · 3 employees | $2.5M | 6.4 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $28.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $29.8M |
| Estimate: the two combined (geometric mean) | $33.3M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.3M |
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 | $11.9M |
| Multiple for this size and industry | 5.2× |
| Value range | $6.2M – $16.2M |
| Revenue range | $21.9M – $37.9M |
| EBITDA range | $1.5M – $2.6M |
| 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
“Haynes Equipment Company started business in 1961 as a company representing several manufacturers in the Water and Wastewater Industry in Missouri and Kansas.”
Advisors
- BankingCross River 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
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $306K | 26 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Haynes Equipment Company
Haynes Equipment Company is a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1961. Its estimated annual revenue is about $33.3M, with roughly $2.3M of EBITDA. It has about 26 employees. Its estimated business value is $11.9M (likely range $6.2M–$16.2M).
Common questions
- Who owns Haynes Equipment Company?
- The owner of Haynes Equipment Company 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 Haynes Equipment Company make?
- SeeBITDA estimates Haynes Equipment Company's annual revenue at about $33.3M (likely between $21.9M and $37.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Haynes Equipment Company worth?
- About $11.9M, roughly 5.2× its estimated EBITDA of $2.3M, typical for a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company its size. Likely range: $6.2M–$16.2M.
- How many employees does Haynes Equipment Company have?
- About 26, from its 2023 retirement-plan filing.
- When was Haynes Equipment Company founded?
- Haynes Equipment Company has been in business since 1961.
- Is Haynes Equipment Company for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 65 years (since 1961); headcount down 21% since 2020 (retirement plan filings).