Payne's Heat & Air
How we got $484K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Payne's Heat & Air is an HVAC contractor offering installation, maintenance, and repair of heating and air conditioning systems for commercial and residential clients in Mangum, Sayre, and the surrounding area.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- American Standard · brand it sells or installs
- Rheem · brand it sells or installs
- Blueridge · brand it sells or installs
- Trane · brand it sells or installs
- Armstrong · brand it sells or installs
- Carrier · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Payne's Heat & Air this business | $1.9M | — |
| FAITH GARAGE DOORS, LLC Mangum · 1 employees | $439K | 0.0 mi |
| GAP ELECTRIC INC. Mangum · 6 employees | $1.2M | 0.2 mi |
| Payne's Heating & Air Conditioning Mangum | $1.9M | 0.5 mi |
| CF Heat and Air Granite | $1.9M | 9.2 mi |
| TRIPLE T CONSTRUCTION LLC Blair · 1 employees | $598K | 13.7 mi |
| ROBERT K THOMPSON LLC Blair · 8 employees | $1.5M | 14.8 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 industry | 2× |
| 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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Payne's Heat & Air
Payne's Heat & Air is a plumbing, heating & air company in Mangum, Oklahoma, in business since 2019. It is owned by David Payne. Its estimated annual revenue is about $1.9M, with roughly $242K of EBITDA. Its estimated business value is $484K (likely range $126K–$884K).
Common questions
- Who owns Payne's Heat & Air?
- Payne's Heat & Air is owned by David Payne, according to public sources such as the company's website or filings.
- How much revenue does Payne's Heat & Air make?
- SeeBITDA estimates Payne's Heat & Air'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 Payne's Heat & Air worth?
- About $484K, roughly 2× its estimated EBITDA of $242K, typical for a plumbing, heating & air company its size. Likely range: $126K–$884K.
- When was Payne's Heat & Air founded?
- Payne's Heat & Air has been in business since 2019.