SeeBITDAOklahoma

Plumb Crazy Plumbing LLC

  • 308 W BRITTON RD, Oklahoma City, OK
  • 2 locations
  • Since 2002
  • NAICS 238220
Estimated valueMedium confidence
$2.0M
$1.2Mlikely range$3.2M
About 3× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$4.3M
a year
EBITDA
$681K
16% of revenue
Employees
13
reported in 2020
Leadership
David Morecraft
Owner · source
Unlikely to sell soon

How we got $2.0M

Based on 13 employees reported for PPP in 2020, grown 8% a year since.

13 employees (PPP loan, 2020)13
× 1.63 growth (8% a year since 2020)21 today
× $204K revenue per employee (plumbing, heating & air)$4.3M
× 16% EBITDA margin$681K
× 3 sale multiple = value$2.0M

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$1.2M$2.4M2020202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 0% since 2020
010202020202420251313
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan13$2.7M$418K
2024Form 550012$2.5M$386K
2025Form 550013$2.7M$418K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named
2 locations found

Signs of a sale Unlikely to sell soon

  • In business 24 years (since 2002)

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

What they do

Plumb Crazy Plumbing is a locally owned plumbing business serving the Oklahoma City metro area since 2002, focused mainly on residential repairs and replacements with light commercial repairs.

Products & services
Leak DetectionWater RepipeWaterline ReplacementSlab Leak ReplacementWater HeatersSewer Line ServicesToilet Repair and ReplacementTankless Water HeatersNatural GasDrain CleaningGarbage DisposalsFaucet & Fixture Repair
Markets served
residentiallight commercial
Service area
Edmond to Moore
Certifications
LicensedInsured

From the company's website. Industry: Plumbing, heating & air.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
PLUMB CRAZY PLUMBING LLC
this business
$4.3M$681K—
Oklahoma Air conditioning
Oklahoma City
$1.9M$264K0.2 mi
OKLAHOMA AIR COND & AIR DUCT CLEANING I
Oklahoma City · 11 employees
$3.7M$521K0.2 mi
Western Plumbing
Oklahoma City
$1.9M$264K0.7 mi
PAYLESS PLUMBING INC.
Oklahoma City · 6 employees
$2.0M$280K0.8 mi
MCCONNELL PLUMBING, LLC
Oklahoma City · 8 employees
$2.7M$373K0.8 mi
FPS TECHNOLOGIES INC.
Oklahoma City · 37 employees
$12.3M$2.7M0.9 mi

Ranges & sources

Revenue range$3.2M – $5.6M
EBITDA range$511K – $886K
Industry (NAICS)Plumbing, Heating, and Air-Conditioning Contractors (238220)
Value range$1.2M – $3.2M

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 2002
“Plumb Crazy Plumbing has been a local business serving the Oklahoma City metro community since 2002.”

Advisors

  • BankingFidelity Bank, National AssociationPPP / SBA lender

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.

Banking relationships

Fidelity Bank, National Association
PPP 2020, PPP 2021
All 161 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$126K$127K11Fidelity Bank, National Association
1/27/2021second$100K$101K13Fidelity Bank, National Association

2 locations

308 W BRITTON RDOklahoma CityThis listing
6565 E 21st PlTulsaView

Revenue, EBITDA 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 Plumb Crazy Plumbing LLC

Plumb Crazy Plumbing LLC is a plumbing, heating & air company in Oklahoma City, Oklahoma, in business since 2002. It is owned by David Morecraft. Its estimated annual revenue is about $4.3M, with roughly $681K of EBITDA. It has about 13 employees. Its estimated business value is $2.0M (likely range $1.2M–$3.2M). It has 2 locations.

Common questions

Who owns Plumb Crazy Plumbing LLC?
Plumb Crazy Plumbing LLC is owned by David Morecraft, according to public sources such as the company's website or filings.
How much revenue does Plumb Crazy Plumbing LLC make?
SeeBITDA estimates Plumb Crazy Plumbing LLC's annual revenue at about $4.3M (likely between $3.2M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Plumb Crazy Plumbing LLC worth?
About $2.0M, roughly 3× its estimated EBITDA of $681K, typical for a plumbing, heating & air company its size. Likely range: $1.2M–$3.2M.
How many employees does Plumb Crazy Plumbing LLC have?
About 13, from its 2025 retirement-plan filing.
When was Plumb Crazy Plumbing LLC founded?
Plumb Crazy Plumbing LLC has been in business since 2002.