Shoemaker Mechanical
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 101 years (since 1925)
- 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
Shoemaker Mechanical provides residential and commercial heating, air conditioning, plumbing and electrical service and repair in Tulsa, OK, and says it has been in business since 1925.
From the company's website. Industry: Electricians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Shoemaker Mechanical this business | $1.8M | — |
| FOREST SHOEMAKER AIR CONDITIONING, INC Tulsa · 35 employees | $14.7M | 0.0 mi |
| SHOEMAKER ELECTRIC, LLC Tulsa · 3 employees | $495K | 0.0 mi |
| WESTCO INTERNATIONAL, INC. Tulsa · 76 employees | $37.6M | 0.1 mi |
| KMS Heating and Cooling Tulsa | $1.8M | 0.4 mi |
| INDUSTRIAL CONTROLS OF OKLAHOMA, LLC Tulsa · 71 employees | $26.6M | 0.5 mi |
| BIANTRAV CONTRACTOR LLC Tulsa · 29 employees | $7.7M | 1.0 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 Electrical Contractors and Other Wiring Installation 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) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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
“In 1925 Forrest Shoemaker, a Tulsa pioneer in air conditioning, started the company currently known as Shoemaker Mechanical.”
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 Shoemaker Mechanical
Shoemaker Mechanical is a family-owned electricians company in Tulsa, Oklahoma, in business since 1925. It is owned by Richard Shoemaker III (Company CEO). 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 Shoemaker Mechanical?
- Shoemaker Mechanical is owned by Richard Shoemaker III (Company CEO), according to public sources such as the company's website or filings.
- How much revenue does Shoemaker Mechanical make?
- SeeBITDA estimates Shoemaker Mechanical'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 Shoemaker Mechanical worth?
- About $473K, roughly 2× its estimated EBITDA of $237K, typical for a electricians company its size. Likely range: $125K–$854K.
- When was Shoemaker Mechanical founded?
- Shoemaker Mechanical has been in business since 1925.
- Is Shoemaker Mechanical for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 101 years (since 1925); no family successor named on its website.