Rimer Plumbing Inc
How we got $92K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RIMER PLUMBING INC this business | $306K | — |
| RACEWAY ELECTRIC, INC Catoosa · 10 employees | $3.0M | 0.8 mi |
| WALKERS ELECTRIC LLC Catoosa · 9 employees | $2.0M | 0.9 mi |
| BECK PLUMBING 918, LLC. Catoosa · 3 employees | $589K | 1.2 mi |
| WHITE ELECTRICAL SERVICES INC Catoosa · 13 employees | $3.5M | 1.8 mi |
| 4-STATES PAINTING AND CONSTRUCTION, INC. Catoosa · 4 employees | $1.2M | 1.8 mi |
| GALLI PLUMBING SERVICES INC Tulsa · 2 employees | $362K | 1.9 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $204K |
| Revenue = employees × revenue per employee | $306K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $46K |
| Cross-check: revenue implied by PPP payroll | $5.2M |
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 | $92K |
| Multiple for this size and industry | 2× |
| Value range | $44K – $131K |
| Revenue range | $181K – $362K |
| EBITDA range | $27K – $54K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBank of CommercePPP / 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 Roles are as stated there and may be out of date.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
| Bank of Commerce PPP 2020 | All 308 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/10/2020 | first | $155K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rimer Plumbing Inc
Rimer Plumbing Inc is a plumbing, heating & air company in Catoosa, Oklahoma, in business since 2000. Its estimated annual revenue is about $306K, with roughly $46K of EBITDA. It has about 1 employees. Its estimated business value is $92K (likely range $44K–$131K).
Common questions
- Who owns Rimer Plumbing Inc?
- The owner of Rimer 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 Rimer Plumbing Inc make?
- SeeBITDA estimates Rimer Plumbing Inc's annual revenue at about $306K (likely between $181K and $362K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rimer Plumbing Inc worth?
- About $92K, roughly 2× its estimated EBITDA of $46K, typical for a plumbing, heating & air company its size. Likely range: $44K–$131K.
- How many employees does Rimer Plumbing Inc have?
- About 1, as reported on its PPP loan.
- When was Rimer Plumbing Inc founded?
- Rimer Plumbing Inc has been in business since 2000.