Hix Air Conditioning Service LLC
How we got $937K
Based on 19 employees on its 2025 401(k) filing.
What we know
Signs of a sale High sell likelihood
- In business 41 years (since 1985)
- Founder still runs it after 41 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Hix Air Conditioning Service, Inc. is an HVAC company in Muskogee, Oklahoma, offering heating, cooling, furnace and air conditioning repair, maintenance and installation for homeowners in the area.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- Lennox · brand it sells or installs
Estimated value over time
▲ 31% 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
▲ 6% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 18 | $3.7M |
| 2021 | Form 5500 | 21 | $4.3M |
| 2022 | Form 5500 | 20 | $4.1M |
| 2023 | Form 5500 | 16 | $3.3M |
| 2024 | Form 5500 | 18 | $3.7M |
| 2025 | Form 5500 | 19 | $3.9M |
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 |
|---|---|---|
| HIX AIR CONDITIONING SERVICE LLC this business | $3.7M | — |
| Ron-Co Rooter and Plumbing Muskogee | $937K | 0.0 mi |
| Denson's Heating and Air Muskogee | $937K | 0.5 mi |
| GROBER ELECTRIC Muskogee · 1 employees | $111K | 0.7 mi |
| Roto-Rooter Plumbing Muskogee Muskogee | $937K | 1.0 mi |
| THE HOGLE COMPANY Muskogee · 12 employees | $3.1M | 1.3 mi |
| ACME REESE AIR CONDITIONING & REFRIGERATION, INC. Muskogee · 11 employees | $2.4M | 1.3 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $937K |
| Multiple for this size and industry | 2.4× |
| Value range | $600K – $1.7M |
| Employees in its retirement plan (2025 Form 5500) | 19 |
| Industry revenue per employee | $204K |
| Revenue = employees × revenue per employee | $3.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $390K |
| For comparison: employees reported for PPP (2020) | 18 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $2.9M – $5.5M |
| EBITDA range | $312K – $586K |
| 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. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- CSCindy SharpOffice Secretary · Company website · source
- JPJohn PlunkettService Manager · Company website · source
- SBScott BraughmanService Technician · Company website · source
- CDChris DanielsComfort Adviser and Estimator · Company website · source
Advisors
- BankingArmstrong 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 PPP 2020 | All 1,355 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 | $240K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hix Air Conditioning Service LLC
Hix Air Conditioning Service LLC is a plumbing, heating & air company in Muskogee, Oklahoma, in business since 1985. It is owned by David Hix (Founder and President). Its estimated annual revenue is about $3.7M, with roughly $390K of EBITDA. It has about 19 employees. Its estimated business value is $937K (likely range $600K–$1.7M).
Common questions
- Who owns Hix Air Conditioning Service LLC?
- Hix Air Conditioning Service LLC is owned by David Hix (Founder and President), according to public sources such as the company's website or filings.
- How much revenue does Hix Air Conditioning Service LLC make?
- SeeBITDA estimates Hix Air Conditioning Service LLC's annual revenue at about $3.7M (likely between $2.9M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hix Air Conditioning Service LLC worth?
- About $937K, roughly 2.4× its estimated EBITDA of $390K, typical for a plumbing, heating & air company its size. Likely range: $600K–$1.7M.
- How many employees does Hix Air Conditioning Service LLC have?
- About 19, from its 2025 retirement-plan filing.
- When was Hix Air Conditioning Service LLC founded?
- Hix Air Conditioning Service LLC has been in business since 1985.
- Is Hix Air Conditioning Service LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 41 years (since 1985); founder still runs it after 41 years; no family successor named on its website.