Red Plains Plumbing, Inc.
How we got $2.2M
Based on its 26 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
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RED PLAINS PLUMBING, INC. this business | $8.0M | — |
| ARNOLD'S PLUMBING LLC Del City · 1 employees | $320K | 0.3 mi |
| YOUNG ELECTRICAL SERVICES, INC. Del City · 2 employees | $332K | 0.5 mi |
| American garage door Del City | $2.0M | 1.0 mi |
| MELVIN HAYNES Del City · 1 employees | $485K | 1.1 mi |
| Mendez Plumbing Services Del City | $1.9M | 1.3 mi |
| ALEXANDER PLUMBING AND ELECTRIC Del City · 1 employees | $302K | 1.4 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $8.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $745K |
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 | $2.2M |
| Multiple for this size and industry | 3× |
| Value range | $1.2M – $3.1M |
| Revenue range | $5.3M – $9.1M |
| EBITDA range | $490K – $849K |
| 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $212K | 26 |
3 locations
| 4428 SE 31ST ST. | Oklahoma City | This listing |
| 10316 NE 23rd St | Oklahoma City | View |
| 11000 SE 59th St | Oklahoma City | View |
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 Red Plains Plumbing, Inc.
Red Plains Plumbing, Inc. is a plumbing, heating & air company in Oklahoma City, Oklahoma, in business since 2006. Its estimated annual revenue is about $8.0M, with roughly $745K of EBITDA. It has about 26 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.1M). It has 3 locations.
Common questions
- Who owns Red Plains Plumbing, Inc.?
- The owner of Red Plains 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 Red Plains Plumbing, Inc. make?
- SeeBITDA estimates Red Plains Plumbing, Inc.'s annual revenue at about $8.0M (likely between $5.3M and $9.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Plains Plumbing, Inc. worth?
- About $2.2M, roughly 3× its estimated EBITDA of $745K, typical for a plumbing, heating & air company its size. Likely range: $1.2M–$3.1M.
- How many employees does Red Plains Plumbing, Inc. have?
- About 26, as reported on its PPP loan.
- When was Red Plains Plumbing, Inc. founded?
- Red Plains Plumbing, Inc. has been in business since 2006.