Riemer and Son LLC
How we got $196K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 30% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RIEMER AND SON LLC this business | $652K | — |
| BOWEN HEATING & AIR Okc · 3 employees | $742K | 0.4 mi |
| ONE ELECTRIC LLC Oklahoma City · 41 employees | $11.3M | 0.6 mi |
| Oklahoma Infra-red, Inc. Oklahoma City | $3.7M | 0.7 mi |
| SPEARS MIDDLETON LLC Oklahoma City · 3 employees | $1.1M | 0.7 mi |
| METRO TECH ELECTRIC, INC. Oklahoma City | $21.0M | 0.8 mi |
| Iec Systems Oklahoma City | $1.8M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $517K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $632K |
| Estimate: the two combined (geometric mean) | $652K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $98K |
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 | $196K |
| Multiple for this size and industry | 2× |
| Value range | $103K – $268K |
| Revenue range | $429K – $743K |
| EBITDA range | $64K – $112K |
| 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
People & advisors
Advisors
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/17/2021 | first | $19K | 2 |
About Riemer and Son LLC
Riemer and Son LLC is a plumbing, heating & air company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $652K, with roughly $98K of EBITDA. It has about 2 employees. Its estimated business value is $196K (likely range $103K–$268K).
Common questions
- Who owns Riemer and Son LLC?
- The owner of Riemer and Son LLC 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 Riemer and Son LLC make?
- SeeBITDA estimates Riemer and Son LLC's annual revenue at about $652K (likely between $429K and $743K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Riemer and Son LLC worth?
- About $196K, roughly 2× its estimated EBITDA of $98K, typical for a plumbing, heating & air company its size. Likely range: $103K–$268K.
- How many employees does Riemer and Son LLC have?
- About 2, as reported on its PPP loan.