Hi-Tech Plumbing & Leak Detect, Inc.
How we got $3.9M
Based on its 34 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.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Hi-Tech Plumbing, Leak Detect & Drains is a plumbing and leak detection company in Edmond, Oklahoma, offering plumbing, drain, water heater and heating and cooling services to homeowners in the Edmond area.
From the company's website. Industry: Plumbing, heating & air.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HI-TECH PLUMBING & LEAK DETECT, INC. this business | $11.6M | — |
| CRIPPLE CREEK PLUMBING INC. Edmond · 2 employees | $446K | 0.1 mi |
| MOUNTAIN INVESTMENTS LLC Edmond · 20 employees | $8.3M | 0.1 mi |
| Leaf Home Water Solutions Edmond | $2.2M | 0.6 mi |
| Duvall Plumbing Co Edmond | $9.6M | 0.6 mi |
| OKC Locksmith JB Edmond | $3.9M | 0.9 mi |
| PRIME ELECTRIC COMPANY, INC. Edmond · 59 employees | $19.3M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 34 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.1M |
| Estimate: the two combined (geometric mean) | $11.6M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.1M |
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 | $3.9M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.0M – $5.3M |
| Revenue range | $7.6M – $13.2M |
| EBITDA range | $709K – $1.2M |
| 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
- BankingPrime 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
| Prime Bank PPP 2020 | All 79 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 | $340K | 34 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hi-Tech Plumbing & Leak Detect, Inc.
Hi-Tech Plumbing & Leak Detect, Inc. is a plumbing, heating & air company in Edmond, Oklahoma, in business since 2001. Its estimated annual revenue is about $11.6M, with roughly $1.1M of EBITDA. It has about 34 employees. Its estimated business value is $3.9M (likely range $2.0M–$5.3M).
Common questions
- Who owns Hi-Tech Plumbing & Leak Detect, Inc.?
- The owner of Hi-Tech Plumbing & Leak Detect, 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 Hi-Tech Plumbing & Leak Detect, Inc. make?
- SeeBITDA estimates Hi-Tech Plumbing & Leak Detect, Inc.'s annual revenue at about $11.6M (likely between $7.6M and $13.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hi-Tech Plumbing & Leak Detect, Inc. worth?
- About $3.9M, roughly 3.6× its estimated EBITDA of $1.1M, typical for a plumbing, heating & air company its size. Likely range: $2.0M–$5.3M.
- How many employees does Hi-Tech Plumbing & Leak Detect, Inc. have?
- About 34, as reported on its PPP loan.
- When was Hi-Tech Plumbing & Leak Detect, Inc. founded?
- Hi-Tech Plumbing & Leak Detect, Inc. has been in business since 2001.