Hearth & Pool Services LLC
- Mark SweeneyFounder · Company website
- Brent ColvardCo-owner · Company website
- Nathan WrightOwner (purchased the business in 2022, in charge) · Company website
How we got $2.1M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 15% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
- Changed hands recently (SBA-financed purchase, FY2022)
From public records and the company's website, not a statement that it's for sale.
What they do
Hearth and Pool, LLC is a local stove, fireplace, pool and spa supplier in Tahlequah, Oklahoma, offering hearth appliances, chimney services, and pool and spa care.
From the company's website. Industry: Outdoor Power Equipment Retailers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HEARTH & POOL SERVICES LLC this business | $3.4M | — |
| ELASTOMER SPECIALTIES, INC Wagoner · 36 employees | $18.3M | 24.2 mi |
| Performance Pipe Pryor | $1.8M | 27.1 mi |
| Cellofoam North America Inc. Sallisaw | $8.0M | 36.0 mi |
| Rotomoldusa Claremore | $1.3M | 43.9 mi |
| VINEYARD PLATING AND SUPPLY COMPANY Claremore · 9 employees | $4.2M | 43.9 mi |
| SAMCO POLISHING INC Chelsea · 12 employees | $5.5M | 46.8 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $542K |
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 | $2.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.8M |
| Revenue range | $2.2M – $3.9M |
| EBITDA range | $356K – $618K |
| Industry (NAICS) | Outdoor Power Equipment Retailers (444230) |
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
“Mark Sweeney, the founder of our company, got his start in the woodstove and fireplace business in 1979.”
Advisors
- BankingFirst State Bank, Armstrong 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
| Armstrong Bank 7(a) 2022 | All 1,355 borrowers → |
| First State Bank PPP 2020 | All 268 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $69K | 10 |
Public records
| Mar 2022 | 7(a) | $626K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hearth & Pool Services LLC
Hearth & Pool Services LLC is an outdoor power equipment retailers company in Tahlequah, Oklahoma, in business since 2007. It is owned by Corey Kinsey (Co-owner). Its estimated annual revenue is about $3.4M, with roughly $542K of EBITDA. It has about 10 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.8M).
Common questions
- Who owns Hearth & Pool Services LLC?
- Hearth & Pool Services LLC is owned by Corey Kinsey (Co-owner), according to public sources such as the company's website or filings.
- How much revenue does Hearth & Pool Services LLC make?
- SeeBITDA estimates Hearth & Pool Services LLC's annual revenue at about $3.4M (likely between $2.2M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hearth & Pool Services LLC worth?
- About $2.1M, roughly 3.8× its estimated EBITDA of $542K, typical for a outdoor power equipment retailers company its size. Likely range: $1.1M–$2.8M.
- How many employees does Hearth & Pool Services LLC have?
- About 10, as reported on its PPP loan.
- When was Hearth & Pool Services LLC founded?
- Hearth & Pool Services LLC has been in business since 2007.