Hobbs Plumbing LLC
How we got $2.6M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOBBS PLUMBING LLC this business | $10.0M | — |
| BODEB INC Enid · 16 employees | $19.3M | 4.4 mi |
| A W BRUEGGEMANN COMPANY INC Enid · 12 employees | $11.7M | 5.6 mi |
| CENTRAL OKLAHOMA WATER SERVICES, INC Enid · 12 employees | $13.3M | 6.0 mi |
| MICHAEL'S AIR CONDITIONING & HTG., INC Enid · 4 employees | $4.7M | 11.5 mi |
| ALLIANCE NUT & BOLT LLC Okarche · 4 employees | $4.4M | 43.2 mi |
| KETNER ENTERPRISES OF EDMOND, INC Oklahoma City · 6 employees | $7.0M | 56.3 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.4M |
| Estimate: the two combined (geometric mean) | $10.0M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $735K |
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 | $2.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.4M – $3.6M |
| Revenue range | $6.6M – $11.4M |
| EBITDA range | $484K – $838K |
| 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
People & advisors
Advisors
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $84K | 10 |
| 1/16/2021 | second | $94K | 9 |
2 locations
| 4301 S wheatridge rd | Enid | This listing |
| 6 Hills Dr | Drummond | View |
Revenue, profit and value are for the whole company.
About Hobbs Plumbing LLC
Hobbs Plumbing LLC is a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company in Enid, Oklahoma. Its estimated annual revenue is about $10.0M, with roughly $735K of EBITDA. It has about 10 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.6M). It has 2 locations.
Common questions
- Who owns Hobbs Plumbing LLC?
- The owner of Hobbs Plumbing LLC 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 Hobbs Plumbing LLC make?
- SeeBITDA estimates Hobbs Plumbing LLC's annual revenue at about $10.0M (likely between $6.6M and $11.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hobbs Plumbing LLC worth?
- About $2.6M, roughly 3.6× its estimated EBITDA of $735K, typical for a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company its size. Likely range: $1.4M–$3.6M.
- How many employees does Hobbs Plumbing LLC have?
- About 10, as reported on its PPP loan.