SeeBITDAOklahoma
Estimated valueLow confidence
$1.2M
$362Klikely range$1.9M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.0M
a year
Profit (EBITDA)
$479K
12% of revenue
Employees
—
not reported
Leadership
Brent Riner
CEO · source · confirmed by 2 sources

How we got $1.2M

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

A typical plumbing, heating & air business in Oklahoma$4.0M
Revenue$4.0M
× 12% profit margin$479K
× 2.4 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

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

What they do

Red and Blue Heating & Air is a locally owned and operated HVAC company in Ardmore, OK, serving homeowners and companies with installation, repair and maintenance of heating and air conditioning systems. It offers 24/7 emergency service.

Products & services
Air conditioning installationAC repairHVAC installationHVAC repairAC serviceHVAC serviceCommercial appliance repairCommercial refrigerationCommercial refrigerator serviceHeating system repairHeating system serviceBranded appliance repair
Markets served
residentialcommercialhomeownerscompaniesrestaurant chainoffice building
Service area
Ardmore, OKsurrounding area
Certifications
EPA CertifiedNATE CertifiedIGSPA CertifiedLIC # OK76886TACLA 76838C

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

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Restaurants

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Red & Blue Heating & Air
this business
$4.0M$479K—
Keeton Plumbing
Ardmore
$1.9M$242K0.2 mi
GRAYCO, INC.
Ardmore · 9 employees
$2.3M$269K0.9 mi
G.L.W. SERVICES INC
Ardmore · 2 employees
$612K$92K1.6 mi
LYNN BOYER INC
Ardmore · 65 employees
$24.0M$2.1M1.7 mi
Graco Heat and Air
Ardmore
$2.0M$252K2.3 mi
Allstar Plumbing & Rooter Llc
Ardmore
$1.9M$242K2.3 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$1.2M
Multiple for this size and industry2.4×
Value range$362K – $1.9M

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 (12%). Treat these as a rough guide.

Revenue range$1.6M – $5.7M
EBITDA range$188K – $677K
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 Red & Blue Heating & Air

Red & Blue Heating & Air is a plumbing, heating & air company in Ardmore, Oklahoma, in business since 2015. It is owned by Brent Riner (CEO). Its estimated annual revenue is about $4.0M, with roughly $479K of EBITDA. Its estimated business value is $1.2M (likely range $362K–$1.9M).

Common questions

Who owns Red & Blue Heating & Air?
Red & Blue Heating & Air is owned by Brent Riner (CEO), according to public sources such as the company's website or filings.
How much revenue does Red & Blue Heating & Air make?
SeeBITDA estimates Red & Blue Heating & Air's annual revenue at about $4.0M (likely between $1.6M and $5.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Red & Blue Heating & Air worth?
About $1.2M, roughly 2.4× its estimated EBITDA of $479K, typical for a plumbing, heating & air company its size. Likely range: $362K–$1.9M.
When was Red & Blue Heating & Air founded?
Red & Blue Heating & Air has been in business since 2015.