SeeBITDAOklahoma

Mullin Plumbing West Division Inc

Estimated valueMedium confidence
$2.9M
$1.5Mlikely range$4.0M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$10.4M
a year
Profit (EBITDA)
$967K
9% of revenue
Employees
33
reported in 2020
Leadership
Robert Morris
CEO · source
Some signs of a sale

How we got $2.9M

Based on its 33 employees and its payroll, both reported for PPP in 2020 and brought up to date.

33 employees × $299K each$9.9M
PPP payroll ÷ payroll's usual share of revenue$8.4M
Shown toward the top of its range×1.14
Revenue$10.4M
× 9% profit margin$967K
× 3 sale multiple = value$2.9M

· Own this business? Correct these figures

Estimated value over time

▲ 36% since 2020
$0$1.7M$3.3M20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 53 years (since 1973)

From public records and the company's website, not a statement that it's for sale.

What they do

Mullin Plumbing provides residential plumbing, heating, cooling, and septic services to homeowners in Tulsa, OK, with 24/7 emergency support and over 50 years of experience.

Products & services
HVAC ServicesAir ConditioningAC InstallationAC MaintenanceAC RepairHeatingFurnace InstallationFurnace MaintenanceFurnace RepairRadiant Heat RepairDuctless Mini-SplitsMini-Split Installation
Markets served
residentialcommercial
Service area
Tulsa, OKBroken Arrow, OKOklahoma CityBixbyBroken ArrowCatoosaClaremoreCollinsville
Certifications
HVAC License: 004306Plumbing License: 034378Licensed Technicians

From the company's website. Industry: Plumbing, heating & air.

Customers & suppliers

Suppliers & brands

  • GreenSky · brand it sells or installs
  • Murray · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
MULLIN PLUMBING WEST DIVISION INC
this business
$10.4M$967K—
Mc Clain Electrical Contractor
Moore
$1.9M$242K0.1 mi
Dedicated Electrical Services Llc
Moore
$2.4M$242K0.4 mi
KMP Heat and Air
Moore
$1.9M$242K0.5 mi
AIR CONCEPTS LLC
Moore · 3 employees
$722K$93K0.5 mi
CJM HEATING AND AIR CONDITIONING LLC
Moore · 4 employees
$1.2M$160K0.5 mi
BRAD'S HEATING & AIR, INC.
Moore · 6 employees
$1.9M$215K0.5 mi

The full calculation

Employees reported to the SBA33
Revenue from headcount (employees × revenue per employee for companies this size)$9.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$8.4M
Estimate: the two combined (geometric mean)$10.4M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$967K

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$2.9M
Multiple for this size and industry3×
Value range$1.5M – $4.0M
Revenue range$6.8M – $11.8M
EBITDA range$636K – $1.1M
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

History & advisors

Founded 1973
“Experienced plumbing services since 1973”

Advisors

  • BankingArvest 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

Arvest Bank
PPP 2020
All 5,114 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$282K$284K33Arvest Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Mullin Plumbing West Division Inc

Mullin Plumbing West Division Inc is a plumbing, heating & air company in Moore, Oklahoma, in business since 1973. It is owned by Robert Morris (CEO). Its estimated annual revenue is about $10.4M, with roughly $967K of EBITDA. It has about 33 employees. Its estimated business value is $2.9M (likely range $1.5M–$4.0M).

Common questions

Who owns Mullin Plumbing West Division Inc?
Mullin Plumbing West Division Inc is owned by Robert Morris (CEO), according to public sources such as the company's website or filings.
How much revenue does Mullin Plumbing West Division Inc make?
SeeBITDA estimates Mullin Plumbing West Division Inc's annual revenue at about $10.4M (likely between $6.8M and $11.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Mullin Plumbing West Division Inc worth?
About $2.9M, roughly 3× its estimated EBITDA of $967K, typical for a plumbing, heating & air company its size. Likely range: $1.5M–$4.0M.
How many employees does Mullin Plumbing West Division Inc have?
About 33, as reported on its PPP loan.
When was Mullin Plumbing West Division Inc founded?
Mullin Plumbing West Division Inc has been in business since 1973.