Ice-Maker Sales & Services, Inc.
How we got $10.6M
Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Customers & suppliers
Customers
- Federal Aviation Administration · federal contracts $52K
Estimated value over time
▲ 48% 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 |
|---|---|---|
| ICE-MAKER SALES & SERVICES, INC. this business | $29.8M | — |
| KETNER ENTERPRISES OF OKLAHOMA CITY, INC Oklahoma City · 23 employees | $22.8M | 2.8 mi |
| RED ROCK FOOD EQUIPMENT, LLC Oklahoma City · 6 employees | $5.1M | 3.8 mi |
| PLUMBING SALES INC Oklahoma City · 4 employees | $4.0M | 4.1 mi |
| PSI FASTENERS, LLC Oklahoma City · 7 employees | $4.3M | 4.4 mi |
| ALLIED HARDWARE LLC Oklahoma City · 3 employees | $3.2M | 6.3 mi |
| MAYFAIR KEY AND LOCK LLC Oklahoma City · 3 employees | $2.5M | 6.3 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $25.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $27.3M |
| Estimate: the two combined (geometric mean) | $29.8M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.0M |
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 | $10.6M |
| Multiple for this size and industry | 5.2× |
| Value range | $5.6M – $14.5M |
| Revenue range | $19.6M – $34.0M |
| EBITDA range | $1.3M – $2.3M |
| Industry (NAICS) | Refrigeration Equipment and Supplies Merchant Wholesalers (423740) |
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. 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
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $418K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ice-Maker Sales & Services, Inc.
Ice-Maker Sales & Services, Inc. is a refrigeration equipment and supplies merchant wholesalers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $29.8M, with roughly $2.0M of EBITDA. It has about 27 employees. Its estimated business value is $10.6M (likely range $5.6M–$14.5M).
Common questions
- Who owns Ice-Maker Sales & Services, Inc.?
- The owner of Ice-Maker Sales & Services, 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 Ice-Maker Sales & Services, Inc. make?
- SeeBITDA estimates Ice-Maker Sales & Services, Inc.'s annual revenue at about $29.8M (likely between $19.6M and $34.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ice-Maker Sales & Services, Inc. worth?
- About $10.6M, roughly 5.2× its estimated EBITDA of $2.0M, typical for a refrigeration equipment and supplies merchant wholesalers company its size. Likely range: $5.6M–$14.5M.
- How many employees does Ice-Maker Sales & Services, Inc. have?
- About 27, as reported on its PPP loan.