Rapid Pipe Plumbing Inc.
How we got $65K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 36% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RAPID PIPE PLUMBING INC. this business | $216K | — |
| KELSO ELECTRIC Oklahoma City · 10 employees | $2.7M | 0.2 mi |
| American garage door Midwest City | $2.0M | 0.7 mi |
| BRYANT PLUMBING HEATING AND AIR CONDITIONING LLC Oklahoma City · 3 employees | $637K | 1.0 mi |
| COMFORT PRO, INC Oklahoma City · 2 employees | $448K | 1.1 mi |
| Marathon Heat and Air Midwest City | $1.9M | 1.1 mi |
| HOSS ELECTRIC INC Midwest City · 2 employees | $361K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $259K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $138K |
| Estimate: the two combined (geometric mean) | $216K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $32K |
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 | $65K |
| Multiple for this size and industry | 2× |
| Value range | $34K – $89K |
| Revenue range | $142K – $246K |
| EBITDA range | $21K – $37K |
| 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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingCross River BankPPP / 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 Roles are as stated there and may be out of date.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
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $4K | 1 |
About Rapid Pipe Plumbing Inc.
Rapid Pipe Plumbing Inc. is a plumbing, heating & air company in Midwest City, Oklahoma. Its estimated annual revenue is about $216K, with roughly $32K of EBITDA. It has about 1 employees. Its estimated business value is $65K (likely range $34K–$89K).
Common questions
- Who owns Rapid Pipe Plumbing Inc.?
- The owner of Rapid Pipe Plumbing Inc. 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 Rapid Pipe Plumbing Inc. make?
- SeeBITDA estimates Rapid Pipe Plumbing Inc.'s annual revenue at about $216K (likely between $142K and $246K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rapid Pipe Plumbing Inc. worth?
- About $65K, roughly 2× its estimated EBITDA of $32K, typical for a plumbing, heating & air company its size. Likely range: $34K–$89K.
- How many employees does Rapid Pipe Plumbing Inc. have?
- About 1, as reported on its PPP loan.