Hoffman and Associates Inc
How we got $425K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOFFMAN AND ASSOCIATES INC this business | $1.9M | — |
| ROTHER'S WATER CONDITIONING, INC. El Reno · 13 employees | $13.1M | 41.8 mi |
| ALLIANCE NUT & BOLT LLC Okarche · 4 employees | $4.4M | 42.9 mi |
| MILLER TOOL CO. LLC Chickasha · 2 employees | $1.4M | 54.2 mi |
| Locke Supply Co - #9 - Plumbing Supply Chickasha | $1.4M | 54.5 mi |
| MELTON'S HEAT, AIR, & APPLIANCES LLC Marlow · 5 employees | $4.9M | 69.1 mi |
| HOBBS PLUMBING LLC Enid · 10 employees | $10.0M | 70.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $177K |
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 | $425K |
| Multiple for this size and industry | 2.4× |
| Value range | $224K – $581K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $116K – $202K |
| 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
Advisors
- BankingSouthwest Bank of WeatherfordPPP / 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 Roles are as stated there and may be out of date.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
| Southwest Bank of Weatherford PPP 2020 | All 48 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $14K | 2 |
About Hoffman and Associates Inc
Hoffman and Associates Inc is a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company in Weatherford, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $177K of EBITDA. It has about 2 employees. Its estimated business value is $425K (likely range $224K–$581K).
Common questions
- Who owns Hoffman and Associates Inc?
- The owner of Hoffman and Associates 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 Hoffman and Associates Inc make?
- SeeBITDA estimates Hoffman and Associates Inc's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hoffman and Associates Inc worth?
- About $425K, roughly 2.4× its estimated EBITDA of $177K, typical for a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company its size. Likely range: $224K–$581K.
- How many employees does Hoffman and Associates Inc have?
- About 2, as reported on its PPP loan.