Hotsy of Oklahoma Inc
How we got $3.7M
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale High sell likelihood
- In business 53 years (since 1973)
- Founder still runs it after 53 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
Hotsy of Oklahoma sells and services pressure washers, Clean Burn used oil energy systems, Jenfab automatic parts washers, water treatment systems, electrostatic sprayers and floor cleaning equipment, serving professionals in a variety of industries across Oklahoma.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Customers
- Caterpillar · named on its website
Suppliers & brands
- Hotsy · brand it sells or installs
- Jenfab · brand it sells or installs
- Evans Equipment & Environmental · brand it sells or installs
- Watermaze · brand it sells or installs
- Victory Innovations · brand it sells or installs
- Karcher · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Maxcess (Fife and MAGPOWR) · Oklahoma City, 59 mi · $694.3M
- LSB INDUSTRIES, INC · Oklahoma City, 63 mi · $615.2M
- DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC · Oklahoma City, 58 mi · $517.4M
- Mammoth Energy Partners · Oklahoma City, 58 mi · $447.6M
- AIRX CLIMATE SOLUTIONS, INC. · Yukon, 62 mi · $200.1M
Estimated value over time
▲ 9% 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 |
|---|---|---|
| HOTSY OF OKLAHOMA INC this business | $3.7M | — |
| NEMANHA ENVIRONMENTAL SERVICES LLC Enid · 23 employees | $7.0M | 0.2 mi |
| NEMAHA ENVIRONMENTAL SERVICES LLC Enid · 23 employees | $7.0M | 0.2 mi |
| K3 LLC Enid · 7 employees | $1.8M | 0.4 mi |
| RAMBLER ENERGY SERVICES INC Enid · 16 employees | $3.8M | 0.5 mi |
| MAVERICK BROTHERS OP Enid · 8 employees | $2.9M | 0.7 mi |
| DRILLING MUD SUPPLY INC Enid · 1 employees | $419K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $3.7M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.0M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 12% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $3.7M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.2M – $5.7M |
| Revenue range | $2.7M – $4.8M |
| EBITDA range | $761K – $1.3M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
“Hotsy of Oklahoma is a family owned company established by Robert Skaggs in 1973.”
Leadership
- BMBilly MenascoVice President · Company website · source
- TWToby WallaceParts/ Support Manager · Company website · source
- CLCortney LitterellService Manager · Company website · source
- DGDeborah GungollOffice Manager · Company website · source
- MHMatt HolmesSales Representative · Company website · source
- GMGreg McClurgSales Representative · Company website · source
- LSLarry SchroederMaster Service Technician · Company website · source
- JMJon McCleadMaster Service Technician · Company website · source
- JGJames GarlandSales Representative & Tulsa Manager · Company website · source
- CMColby MolyneuxParts / Support · Company website · source
- CNCurtis NorrisMaster Service Technician · Company website · source
Advisors
- BankingThe Security National Bank of EnidPPP / 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
| The Security National Bank of Enid PPP 2020, PPP 2021 | All 204 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $162K | 6 |
| 1/20/2021 | second | $143K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hotsy of Oklahoma Inc
Hotsy of Oklahoma Inc is a family-owned oil & gas company in Enid, Oklahoma, in business since 1973. It is owned by Robert Skaggs (Founder). Its estimated annual revenue is about $3.7M, with roughly $1.0M of EBITDA. It has about 16 employees. Its estimated business value is $3.7M (likely range $2.2M–$5.7M).
Common questions
- Who owns Hotsy of Oklahoma Inc?
- Hotsy of Oklahoma Inc is owned by Robert Skaggs (Founder), according to public sources such as the company's website or filings.
- How much revenue does Hotsy of Oklahoma Inc make?
- SeeBITDA estimates Hotsy of Oklahoma Inc's annual revenue at about $3.7M (likely between $2.7M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hotsy of Oklahoma Inc worth?
- About $3.7M, roughly 3.6× its estimated EBITDA of $1.0M, typical for a oil & gas company its size. Likely range: $2.2M–$5.7M.
- How many employees does Hotsy of Oklahoma Inc have?
- About 16, as reported on its PPP loan.
- When was Hotsy of Oklahoma Inc founded?
- Hotsy of Oklahoma Inc has been in business since 1973.
- Is Hotsy of Oklahoma Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 53 years (since 1973); founder still runs it after 53 years; no family successor named on its website.