Les Lambert Heat & Air, LLC
How we got $345K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| LES LAMBERT HEAT & AIR, LLC this business | $1.3M | — |
| ROGERS ELECTRONICS INC Altus · 8 employees | $2.4M | 0.4 mi |
| DON COPE PLUMBING, L.L.C. Altus · 2 employees | $820K | 0.9 mi |
| A & D PLUMBING LLC Altus · 6 employees | $1.6M | 0.9 mi |
| REYES ELECTRIC, L.L.C. Altus · 12 employees | $2.8M | 1.4 mi |
| ALTUS AIR CONDITIONING LLC Altus · 1 employees | $418K | 1.5 mi |
| BILL KENNEDY PLUMBING, HEATING AND AIR CONDITIONING, LLC Altus · 1 employees | $279K | 1.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $173K |
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 | $345K |
| Multiple for this size and industry | 2× |
| Value range | $182K – $472K |
| Revenue range | $885K – $1.5M |
| EBITDA range | $114K – $197K |
| 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. 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
- BankingCattlemens 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 Roles are as stated there and may be out of date.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
| Cattlemens Bank PPP 2020 | All 90 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 | $40K | 4 |
About Les Lambert Heat & Air, LLC
Les Lambert Heat & Air, LLC is a plumbing, heating & air company in Altus, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $173K of EBITDA. It has about 4 employees. Its estimated business value is $345K (likely range $182K–$472K).
Common questions
- Who owns Les Lambert Heat & Air, LLC?
- The owner of Les Lambert Heat & Air, 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 Les Lambert Heat & Air, LLC make?
- SeeBITDA estimates Les Lambert Heat & Air, LLC's annual revenue at about $1.3M (likely between $885K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Les Lambert Heat & Air, LLC worth?
- About $345K, roughly 2× its estimated EBITDA of $173K, typical for a plumbing, heating & air company its size. Likely range: $182K–$472K.
- How many employees does Les Lambert Heat & Air, LLC have?
- About 4, as reported on its PPP loan.