R.E. Michel Company
How we got $2.4M
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 91 years (since 1935)
- Founder still runs it after 91 years
From public records and the company's website, not a statement that it's for sale.
What they do
R.E. Michel Company is an online catalog and distributor of HVAC, plumbing, and related supplies, with a web ordering system and programs for customers.
From the company's website. Industry: Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Airtemp · brand it sells or installs
- Broan · brand it sells or installs
- Whirlpool · brand it sells or installs
- Amtrol Incorporated · brand it sells or installs
- Bosch Thermotechnology Corporation · brand it sells or installs
- Bradford White Residential Wtr Heaters · brand it sells or installs
- Buderus Hydronic Systems, Inc · brand it sells or installs
- Burnham Commercial · brand it sells or installs
- Diversitech Corp · brand it sells or installs
- Hydrolevel Company · brand it sells or installs
- Nibco Inc · brand it sells or installs
- Resideo LLC · brand it sells or installs
- Rhomar Water Management Inc · brand it sells or installs
- Rinnai · brand it sells or installs
- Supreme Stands LLC · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| R.E. Michel Company this business | $9.6M | — |
| SCOVIL & SIDES HARDWARE COMPANY Oklahoma City · 18 employees | $14.0M | 0.2 mi |
| RED ROCK FOOD EQUIPMENT, LLC Oklahoma City · 6 employees | $5.1M | 3.0 mi |
| Ferguson Waterworks Oklahoma City | $2.5M | 3.3 mi |
| MAYFAIR KEY AND LOCK LLC Oklahoma City · 3 employees | $2.5M | 3.6 mi |
| BISON PIPE & SUPPLY, LLC Oklahoma City · 13 employees | $9.1M | 3.8 mi |
| Hajoca Corporation Oklahoma City | $1.5M | 4.0 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 | $2.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $504K – $4.8M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.
| Revenue range | $2.6M – $16.1M |
| EBITDA range | $175K – $1.1M |
| Industry (NAICS) | Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (423720) |
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
“Robert E. Michel and his wife Mary Ellen went into business in 1935 as a supplier of oil burner parts and supplies.”
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 R.E. Michel Company
R.E. Michel Company is a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1935. It is owned by Robert E. Michel (Founder). Its estimated annual revenue is about $9.6M, with roughly $660K of EBITDA. Its estimated business value is $2.4M (likely range $504K–$4.8M).
Common questions
- Who owns R.E. Michel Company?
- R.E. Michel Company is owned by Robert E. Michel (Founder), according to public sources such as the company's website or filings.
- How much revenue does R.E. Michel Company make?
- SeeBITDA estimates R.E. Michel Company's annual revenue at about $9.6M (likely between $2.6M and $16.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is R.E. Michel Company worth?
- About $2.4M, roughly 3.6× its estimated EBITDA of $660K, typical for a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company its size. Likely range: $504K–$4.8M.
- When was R.E. Michel Company founded?
- R.E. Michel Company has been in business since 1935.
- Is R.E. Michel Company for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 91 years (since 1935); founder still runs it after 91 years.