SeeBITDAOklahoma

Hobart Service

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Estimated valueLow confidence
$1.4M
$327Klikely range$2.6M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.9M
a year
Profit (EBITDA)
$457K
12% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $1.4M

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

A typical commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance business in Oklahoma$3.9M
Revenue$3.9M
× 12% profit margin$457K
× 3 sale multiple = value$1.4M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found
2 locations found

Signs of a sale Some signs of a sale

  • In business 27 years (since 1999)

From public records and the company's website, not a statement that it's for sale.

What they do

Hobart Service provides factory-trained commercial kitchen equipment service, installation, maintenance and service plans for foodservice and food retail operations.

Products & services
Service RepairInstallationHobart CareHobart AssuranceHobart ProsuranceHeating and Cooling ServiceHot Side ServiceRefrigeration Service and RepairVentilation Service & RepairExtended WarrantyPartsCommercial Dishwasher Maintenance Kits
Markets served
HotelsHealthcareHigher EducationK-12 SchoolsIndependent Restaurantsrestaurant groupshealthcare systemseducational institutions
Service area
Houston, TXAltoona, IADes Moines, IAPhoenix, AZSan Diego, CA
Certifications
Factory-Trained technicians

From the company's website. Industry: Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance.

Customers & suppliers

Customers

  • Hilton Garden Inn · named on its website
  • Prairie Meadows Race Track · named on its website
  • Chick Fil A · named on its website
  • Applebees · named on its website
  • Cochise County Jail · named on its website

Suppliers & brands

  • Hobart · brand it sells or installs
  • ITW Food Equipment Group · brand it sells or installs

Possible customers nearby

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

Hotels & motels
Schools & training
Restaurants

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Hobart Service
this business
$3.9M$457K—
Control Tech
Oklahoma City
$1.8M$244K0.6 mi
MIDWEST MOTIVE POWER COMPANY
Oklahoma City · 3 employees
$1.1M$145K0.6 mi
Logical Building Solutions
Oklahoma City
$1.8M$244K1.0 mi
Ritz Safety
Oklahoma City
$1.8M$244K1.4 mi
Awc, Inc. - Oklahoma City
Oklahoma City
$1.8M$244K1.5 mi
TEAM
Oklahoma City
$1.8M$244K1.5 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$1.4M
Multiple for this size and industry3×
Value range$327K – $2.6M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance 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$1.2M – $6.1M
EBITDA range$136K – $710K
Industry (NAICS)Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310)

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

2 locations

4317 SW 21st StOklahoma CityThis listing
12302 E 60th StTulsaView

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 Hobart Service

Hobart Service is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Oklahoma City, Oklahoma, in business since 1999. Its estimated annual revenue is about $3.9M, with roughly $457K of EBITDA. Its estimated business value is $1.4M (likely range $327K–$2.6M). It has 2 locations.

Common questions

Who owns Hobart Service?
The owner of Hobart Service isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Hobart Service make?
SeeBITDA estimates Hobart Service's annual revenue at about $3.9M (likely between $1.2M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Hobart Service worth?
About $1.4M, roughly 3× its estimated EBITDA of $457K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $327K–$2.6M.
When was Hobart Service founded?
Hobart Service has been in business since 1999.