Captive-Aire Systems
How we got $1.2M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 50 years (since 1976)
- Founder still runs it after 50 years
From public records and the company's website, not a statement that it's for sale.
What they do
CaptiveAire Systems is a commercial HVAC manufacturer that says it is the nation's leading maker of commercial kitchen ventilation systems and now offers a complete solution of fans, heaters, ductwork, and HVAC equipment. It has served the industry for over 50 years.
From the company's website. Industry: Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MCINTOSH CORPORATION · Tulsa, 40 mi · $105.6M
- AIRCO SERVICES INC · Tulsa, 38 mi · $88.4M
- PLATINUM MECHANICAL, LLC · Tulsa, 40 mi · $49.5M
- AIR ASSURANCE ACQUISITION CO · Broken Arrow, 36 mi · $39.9M
- OCE MECHANICAL LLC · Broken Arrow, 37 mi · $22.1M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Captive-Aire Systems this business | $3.0M | — |
| Arcosa Telecom Structures, Llc. Muskogee | $3.0M | 0.1 mi |
| Motion Muskogee | $3.0M | 0.1 mi |
| Frontier Terminal Muskogee, Oklahoma Muskogee | $3.0M | 0.8 mi |
| Owens Illinois Muskogee | $3.0M | 2.7 mi |
| Global Machine Company Muskogee | $3.0M | 2.9 mi |
| V & S Schuler Tubular Products Inc Muskogee | $3.0M | 2.9 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 industry | 3× |
| Value range | $211K – $2.4M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing 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 | $661K – $5.1M |
| EBITDA range | $88K – $673K |
| Industry (NAICS) | Manufacturing (31) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Founded CaptiveAire in 1976 with $1,300 capital + a one-room facility in North Carolina”
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 Captive-Aire Systems
Captive-Aire Systems is a manufacturing company in Muskogee, Oklahoma, in business since 1976. It is owned by Bob Luddy (Founder). Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).
Common questions
- Who owns Captive-Aire Systems?
- Captive-Aire Systems is owned by Bob Luddy (Founder), according to public sources such as the company's website or filings.
- How much revenue does Captive-Aire Systems make?
- SeeBITDA estimates Captive-Aire Systems's annual revenue at about $3.0M (likely between $661K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Captive-Aire Systems worth?
- About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a manufacturing company its size. Likely range: $211K–$2.4M.
- When was Captive-Aire Systems founded?
- Captive-Aire Systems has been in business since 1976.
- Is Captive-Aire Systems for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 50 years (since 1976); founder still runs it after 50 years.