Eric's Refrigeration LLC
How we got $634K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale High sell likelihood
- In business 42 years (since 1984)
- Founder still runs it after 42 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Eric's Refrigeration is an Edmond, OK heating and air conditioning contractor offering repair, installation, and maintenance, mainly for homeowners, with small commercial work for local businesses. It has been serving Edmond and the surrounding area since 1984.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- Trane · brand it sells or installs
- American Standard · brand it sells or installs
- Carrier · brand it sells or installs
- Lennox · brand it sells or installs
- Goodman · brand it sells or installs
- Rheem · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Eric's Refrigeration LLC this business | $1.9M | — |
| ERIC STEELE Edmond · 1 employees | $485K | 0.0 mi |
| MINTER AND SONS, INC. Edmond · 6 employees | $2.0M | 0.3 mi |
| SEASON CONTROL INC Edmond · 2 employees | $629K | 0.4 mi |
| FAITH ELECTRIC INC. Edmond · 22 employees | $7.1M | 1.3 mi |
| GRAHAMS WATER WORKS LLC Edmond · 8 employees | $1.9M | 1.3 mi |
| ELECTRICAL EXPRESS LLC Edmond · 1 employees | $272K | 1.4 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 | $634K |
| Multiple for this size and industry | 2.4× |
| Value range | $165K – $1.2M |
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 (14%). Treat these as a rough guide.
| Revenue range | $613K – $2.9M |
| EBITDA range | $86K – $402K |
| 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
History & advisors
“I started Eric's in 1984, right out of trade school, and I've worked this market ever since — Edmond, Deer Creek, Piedmont and north Oklahoma City.”
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 Eric's Refrigeration LLC
Eric's Refrigeration LLC is a plumbing, heating & air company in Edmond, Oklahoma, in business since 1984. It is owned by Eric Steele. Its estimated annual revenue is about $1.9M, with roughly $264K of EBITDA. Its estimated business value is $634K (likely range $165K–$1.2M).
Common questions
- Who owns Eric's Refrigeration LLC?
- Eric's Refrigeration LLC is owned by Eric Steele, according to public sources such as the company's website or filings.
- How much revenue does Eric's Refrigeration LLC make?
- SeeBITDA estimates Eric's Refrigeration LLC's annual revenue at about $1.9M (likely between $613K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eric's Refrigeration LLC worth?
- About $634K, roughly 2.4× its estimated EBITDA of $264K, typical for a plumbing, heating & air company its size. Likely range: $165K–$1.2M.
- When was Eric's Refrigeration LLC founded?
- Eric's Refrigeration LLC has been in business since 1984.
- Is Eric's Refrigeration LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 42 years (since 1984); founder still runs it after 42 years; no family successor named on its website.