Redus Heat & Air, Inc
How we got $374K
Based on its 5 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 |
|---|---|---|
| REDUS HEAT & AIR, INC this business | $1.6M | — |
| HODGE ELECTRIC CO., INC. Piedmont · 2 employees | $468K | 0.8 mi |
| MAYABB PLUMBING & WELDING, INC. Piedmont · 3 employees | $650K | 1.1 mi |
| HANNEGAN ENTERPRISES, INC Piedmont · 4 employees | $1.4M | 1.3 mi |
| 4C'S CONSTRUCTION & HVAC LLC Piedmont · 1 employees | $460K | 1.7 mi |
| Discount Heat & Air Service Co. Piedmont | $1.9M | 2.5 mi |
| JET PLUMBING SERVICE LLC Piedmont · 2 employees | $637K | 2.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $187K |
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 | $374K |
| Multiple for this size and industry | 2× |
| Value range | $197K – $512K |
| Revenue range | $1.1M – $1.8M |
| EBITDA range | $123K – $213K |
| 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
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2020 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $54K | 5 |
About Redus Heat & Air, Inc
Redus Heat & Air, Inc is a plumbing, heating & air company in Piedmont, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $187K of EBITDA. It has about 5 employees. Its estimated business value is $374K (likely range $197K–$512K).
Common questions
- Who owns Redus Heat & Air, Inc?
- The owner of Redus Heat & Air, 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 Redus Heat & Air, Inc make?
- SeeBITDA estimates Redus Heat & Air, Inc's annual revenue at about $1.6M (likely between $1.1M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Redus Heat & Air, Inc worth?
- About $374K, roughly 2× its estimated EBITDA of $187K, typical for a plumbing, heating & air company its size. Likely range: $197K–$512K.
- How many employees does Redus Heat & Air, Inc have?
- About 5, as reported on its PPP loan.