Ace Water Well Service
How we got $4.2M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Ace Water Well Service is a water well service company in Choctaw, Oklahoma that inspects, repairs, replaces pumps and tanks, and refers drilling work for homeowners and customers with private water wells.
From the company's website. Industry: Water and Sewer Line and Related Structures Construction.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Ace Water Well Service this business | $11.7M | — |
| MASTERPIECE CNG SYSTEMS INC Nicoma Park · 1 employees | $586K | 0.3 mi |
| All Out Pump Service & Drilling Oklahoma City | $5.8M | 1.0 mi |
| Shady Nook Pump & Supply Oklahoma City | $5.8M | 1.4 mi |
| Nelson Drilling & Pump Company Choctaw | $5.8M | 2.8 mi |
| Aqua Well Drilling Choctaw | $5.8M | 6.6 mi |
| TRENT CONSTRUTION LLC Harrah · 3 employees | $1.2M | 7.8 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 | $4.2M |
| Multiple for this size and industry | 3.4× |
| Value range | $913K – $8.6M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Water and Sewer Line and Related Structures Construction businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (11%). Treat these as a rough guide.
| Revenue range | $3.2M – $19.9M |
| EBITDA range | $336K – $2.1M |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
“In 2016 Chris saw a desperate need in the industry of water well service for quality, dependable service with honesty and integrity.”
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.
2 locations
| 11190 NE 23rd St | Choctaw | This listing |
| 17644 NE 23rd St | Choctaw | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ace Water Well Service
Ace Water Well Service is a water and sewer line and related structures construction company in Choctaw, Oklahoma, in business since 2016. It is owned by Chris Hudgens (Founder). Its estimated annual revenue is about $11.7M, with roughly $1.2M of EBITDA. Its estimated business value is $4.2M (likely range $913K–$8.6M). It has 2 locations.
Common questions
- Who owns Ace Water Well Service?
- Ace Water Well Service is owned by Chris Hudgens (Founder), according to public sources such as the company's website or filings.
- How much revenue does Ace Water Well Service make?
- SeeBITDA estimates Ace Water Well Service's annual revenue at about $11.7M (likely between $3.2M and $19.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ace Water Well Service worth?
- About $4.2M, roughly 3.4× its estimated EBITDA of $1.2M, typical for a water and sewer line and related structures construction company its size. Likely range: $913K–$8.6M.
- When was Ace Water Well Service founded?
- Ace Water Well Service has been in business since 2016.