SeeBITDAOklahoma

Allied Refrigeration of Tulsa

Estimated valueLow confidence
$484K
$126Klikely range$884K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.9M
a year
Profit (EBITDA)
$242K
13% of revenue
Employees
—
not reported
Leadership
Nate Binion
President and Owner · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $484K

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

A typical plumbing, heating & air business in Oklahoma$1.9M
Revenue$1.9M
× 13% profit margin$242K
× 2 sale multiple = value$484K

· Own this business? Correct these figures

Employees over time

▼ 6% since 2020
013252020202120222023202420251817
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 550018$3.7M$472K
2021Form 550012$2.5M$315K
2022Form 550017$3.5M$446K
2023Form 550019$3.9M$498K
2024Form 550018$3.7M$472K
2025Form 550017$3.5M$446K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

No PPP loan
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 39 years (since 1987)
  • Family in the business (Regina Binion, VP of Operations and Owner)

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

What they do

ARi Climate Solutions is a full-service commercial HVAC and Refrigeration company headquartered in Tulsa, Oklahoma, providing 24/7 mission-critical climate control for food retail, institution and medical customers.

Products & services
ServiceConstructionEMSGeneral RepairsCommercial ServiceCommercial InstallationDX, Glycol or CO2 (loop systems included)Grocery store remodels or new installationNew constructionIndustrial Refrigerated warehouse installationRefrigerant conversionsOnline Grocery Build outs and upgrades
Markets served
food retailinstitutionmedicalcommercialindustrial
Service area
Tulsa, OklahomaOklahoma CityMidwestOklahomaTexasArkansas
Certifications
Licensed in Oklahoma, Texas and Arkansas for construction projects

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

Customers & suppliers

Customers

  • McLane Food Service · named on its website

Suppliers & brands

  • Copeland Emerson · brand it sells or installs
  • NOVAR/Honeywell · brand it sells or installs
  • Microthermal · brand it sells or installs
  • Carel · brand it sells or installs
  • Parker · brand it sells or installs
  • Danfoss · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Allied Refrigeration of Tulsa
this business
$1.9M$242K—
ALLIED REFRIGERATON OF TULSA, INC.
Tulsa · 23 employees
$9.4M$877K0.0 mi
SOUTHERN SHEET METAL WORKS, INC.
Tulsa · 38 employees
$14.3M$1.2M0.4 mi
ELEMENTAL AIR & REFRIGERATION LLC
Tulsa · 4 employees
$1.1M$145K0.4 mi
Hendrick Heat And Air
Tulsa
$1.9M$242K0.4 mi
ANCHOR INSULATION LLC.
Tulsa · 4 employees
$2.4M$283K0.6 mi
ARNOLD ELECTRIC INC
Tulsa · 21 employees
$7.8M$731K0.6 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$484K
Multiple for this size and industry2×
Value range$126K – $884K

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$613K – $2.9M
EBITDA range$79K – $368K
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 1987 by Gary Booze
“ARi Climate Solutions has been serving commercial customers since 1987.”

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 Allied Refrigeration of Tulsa

Allied Refrigeration of Tulsa is a plumbing, heating & air company in Tulsa, Oklahoma, in business since 1987. It is owned by Nate Binion (President and Owner). Its estimated annual revenue is about $1.9M, with roughly $242K of EBITDA. It has about 17 employees. Its estimated business value is $484K (likely range $126K–$884K).

Common questions

Who owns Allied Refrigeration of Tulsa?
Allied Refrigeration of Tulsa is owned by Nate Binion (President and Owner), according to public sources such as the company's website or filings.
How much revenue does Allied Refrigeration of Tulsa make?
SeeBITDA estimates Allied Refrigeration of Tulsa's annual revenue at about $1.9M (likely between $613K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Allied Refrigeration of Tulsa worth?
About $484K, roughly 2× its estimated EBITDA of $242K, typical for a plumbing, heating & air company its size. Likely range: $126K–$884K.
How many employees does Allied Refrigeration of Tulsa have?
About 17, from its 2025 retirement-plan filing.
When was Allied Refrigeration of Tulsa founded?
Allied Refrigeration of Tulsa has been in business since 1987.