Locke Supply Co - #143 - Hvac Supply
How we got $473K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 71 years (since 1955)
- Founder still runs it after 71 years
From public records and the company's website, not a statement that it's for sale.
What they do
Locke Supply Co. Commercial Services takes on labor and logistics for commercial contractors from start to finish, including project take-offs, project management from order entry to final delivery, wire management, and project staging.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Customers
- Integris Hospital · named on its website
- AutoMaxx Hyundi · named on its website
- Cherokee Springs Plaza · named on its website
- Discovery Church · named on its website
- Sapulpa Pediatric Center · named on its website
- Atoka Pipeline · named on its website
- Hey Day · named on its website
- FAA · named on its website
- Republic Paper · named on its website
- Border Casino · named on its website
- Willis C Store · named on its website
- First National Parking Garage · named on its website
- India Culture Foundation · named on its website
- Allen Public School · named on its website
- Purcell Public School · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Locke Supply Co - #143 - Hvac Supply this business | $1.8M | — |
| HINZ REFRIGERATION, INC. Clinton · 11 employees | $2.6M | 0.1 mi |
| AT'S HEAT & AIR, LLC Clinton · 7 employees | $1.6M | 0.2 mi |
| ARTIC AIR REFRIGERATION Clinton · 6 employees | $2.1M | 0.8 mi |
| FOUR SEASONS HEATING AND AIR, INC Clinton · 12 employees | $3.1M | 0.9 mi |
| JASON JONES PLUMBING Clinton · 2 employees | $794K | 1.0 mi |
| J&T's Sewer Clean Outs Clinton | $1.8M | 1.3 mi |
The full calculation
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 | $473K |
| Multiple for this size and industry | 2× |
| Value range | $125K – $854K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Plumbing, Heating, and Air-Conditioning Contractors businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $607K – $2.8M |
| EBITDA range | $78K – $356K |
| 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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Locke Supply Co. started on a shoestring budget in 1955 when Don and Wanda Locke opened a Wholesale Plumbing Supply outlet in Bartlesville, OK.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Locke Supply Co - #143 - Hvac Supply
Locke Supply Co - #143 - Hvac Supply is a plumbing, heating & air company in Clinton, Oklahoma, in business since 1955. It is owned by Don J. Locke (Founder). Its estimated annual revenue is about $1.8M, with roughly $237K of EBITDA. Its estimated business value is $473K (likely range $125K–$854K).
Common questions
- Who owns Locke Supply Co - #143 - Hvac Supply?
- Locke Supply Co - #143 - Hvac Supply is owned by Don J. Locke (Founder), according to public sources such as the company's website or filings.
- How much revenue does Locke Supply Co - #143 - Hvac Supply make?
- SeeBITDA estimates Locke Supply Co - #143 - Hvac Supply's annual revenue at about $1.8M (likely between $607K and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Locke Supply Co - #143 - Hvac Supply worth?
- About $473K, roughly 2× its estimated EBITDA of $237K, typical for a plumbing, heating & air company its size. Likely range: $125K–$854K.
- When was Locke Supply Co - #143 - Hvac Supply founded?
- Locke Supply Co - #143 - Hvac Supply has been in business since 1955.
- Is Locke Supply Co - #143 - Hvac Supply for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 71 years (since 1955); founder still runs it after 71 years.