SeeBITDAOklahoma

Airmaster Air Conditioning and Heating

Estimated valueLow confidence
$473K
$125Klikely range$854K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.8M
a year
Profit (EBITDA)
$237K
13% of revenue
Employees
—
not reported
Leadership
Bill Oliver
Owner · source · confirmed by 2 sources
Likely to sell
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $473K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical plumbing, heating & air business in Oklahoma$1.8M
Revenue$1.8M
× 13% profit margin$237K
× 2 sale multiple = value$473K

· Own this business? Correct these figures

What we know

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

Signs of a sale Likely to sell

  • In business 47 years (since 1979)
  • 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

Airmaster Air Conditioning and Heating provides HVAC services and custom sheet metal work for commercial and residential customers in Bartlesville and surrounding areas. It has operated since 1979 and says it offers free estimates.

Products & services
Air conditioning cleaning and maintenanceCannabis growsHeating cleaning and maintenanceDuct work/sheet metalRoofs, gutters, siding, duct transitions or fittings
Markets served
commercialresidentialhomeowners
Service area
BartlesvilleDeweyNowataSurrounding Areas

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Airmaster Air Conditioning and Heating
this business
$1.8M$237K—
TAGGART ELECTRIC LLC
Dewey · 6 employees
$1.3M$167K0.7 mi
Cummins Heating & Air
Dewey
$1.8M$237K0.9 mi
CASE & CASE LLC
Dewey · 2 employees
$746K$112K1.4 mi
Cornerstone Electric Llc
Bartlesville
$1.8M$237K1.7 mi
EARNEST HEAT & AIR INC
Bartlesville · 13 employees
$4.7M$497K2.1 mi
MASON'S PLUMBING, INC.
Bartlesville · 8 employees
$2.3M$265K2.6 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 industry2×
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

History & advisors

Founded 1979Family-owned
“Founded in 1979, Air Master is a family owned and operated heating and cooling business that strives to be the leading, most trusted service provider in the Bartlesville area.”

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 Airmaster Air Conditioning and Heating

Airmaster Air Conditioning and Heating is a family-owned plumbing, heating & air company in Dewey, Oklahoma, in business since 1979. It is owned by Bill Oliver. 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 Airmaster Air Conditioning and Heating?
Airmaster Air Conditioning and Heating is owned by Bill Oliver, according to public sources such as the company's website or filings.
How much revenue does Airmaster Air Conditioning and Heating make?
SeeBITDA estimates Airmaster Air Conditioning and Heating'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 Airmaster Air Conditioning and Heating 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 Airmaster Air Conditioning and Heating founded?
Airmaster Air Conditioning and Heating has been in business since 1979.
Is Airmaster Air Conditioning and Heating for sale?
There's no public listing, but it shows signs that often come before a sale: in business 47 years (since 1979); no family successor named on its website.