SeeBITDAOklahoma

Service Plumbing Co. Inc

  • 17 DREW ST SW, Ardmore, OK
  • Since 1950
  • Family-owned
  • NAICS 238220
Estimated valueMedium confidence
$623K
$328Klikely range$852K
About 2.4× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$1.9M
a year
EBITDA
$259K
14% of revenue
Employees
6
reported in 2020
Leadership
W.K. "Jack" Jones
Founder · source · confirmed by 2 sources
Likely to sell

How we got $623K

Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.

6 employees × $236K each$1.4M
PPP payroll ÷ payroll's usual share of revenue$1.9M
Shown toward the top of its range×1.14
Revenue$1.9M
× 14% EBITDA margin$259K
× 2.4 sale multiple = value$623K

Own this business? Correct these figures

Estimated value over time

▲ 36% since 2020
$0$358K$716K20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 76 years (since 1950)
  • Founder still runs it after 76 years
  • Family in the business (Jack Jones II, Owner)

From public records and the company's website, not a statement that it's for sale.

What they do

Service Plumbing Co. Inc is a family-owned plumbing business in Ardmore, OK, serving homes and commercial customers in southern Oklahoma since 1950, with 24/7 emergency service.

Products & services
Drain & Sewer CleaningToilet Repairs & ReplacementWater Heater ServicesGas Line ServicesUnderground Pipe InstallationPlumbing ExcavationSewer Camera InspectionRemodel / Rough-InFixture InstallTankless HeatersPipe Repair
Markets served
ResidentialCommercial
Service area
ArdmoreLone GroveWilsonRinglingDavisSulphurPauls ValleyMadill
Certifications
OK Plumbing License OK 051464General Liability InsuranceWorkers' CompensationFully Insured

From the company's website. Industry: Plumbing, heating & air.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
SERVICE PLUMBING CO. INC
this business
$1.9M$259K—
TOP TECH HEAT & AIR INC
Ardmore · 12 employees
$2.9M$405K0.1 mi
SHRADER ELECTRIC INC.
Ardmore · 6 employees
$1.5M$188K0.2 mi
RAMSEY WARD ELECTRIC CO.
Ardmore · 38 employees
$10.4M$970K0.3 mi
VERNON'S PLUMBING, HEATING & AIR CONDITIONING, INC.
Ardmore · 26 employees
$9.2M$1.9M0.3 mi
VERNONS PLUMBING HEATING & AIR CONDITIONING INC
Ardmore · 24 employees
$8.8M$1.8M0.3 mi
QUALITY ELECTRIC CONSTRUCTION & MAINTENANCE INC
Ardmore · 31 employees
$10.7M$999K0.6 mi

Ranges & sources

Revenue range$1.2M – $2.1M
EBITDA range$171K – $296K
Industry (NAICS)Plumbing, Heating, and Air-Conditioning Contractors (238220)
Value range$328K – $852K

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

Founded 1950 by W.K. "Jack" JonesFamily-owned
“In 1950, W.K. "Jack" Jones started Service Plumbing in Ardmore.”

Advisors

  • BankingFirst National Bank and Trust Company of ArdmorePPP / 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

First National Bank and Trust Company of Ardmore
PPP 2020, PPP 2021
All 457 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$60K$61K6First National Bank and Trust Company of Ardmore
1/29/2021second$60K$60K5First National Bank and Trust Company of Ardmore

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Service Plumbing Co. Inc

Service Plumbing Co. Inc is a family-owned plumbing, heating & air company in Ardmore, Oklahoma, in business since 1950. It is owned by W.K. "Jack" Jones (Founder). Its estimated annual revenue is about $1.9M, with roughly $259K of EBITDA. It has about 6 employees. Its estimated business value is $623K (likely range $328K–$852K).

Common questions

Who owns Service Plumbing Co. Inc?
Service Plumbing Co. Inc is owned by W.K. "Jack" Jones (Founder), according to public sources such as the company's website or filings.
How much revenue does Service Plumbing Co. Inc make?
SeeBITDA estimates Service Plumbing Co. Inc's annual revenue at about $1.9M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Service Plumbing Co. Inc worth?
About $623K, roughly 2.4× its estimated EBITDA of $259K, typical for a plumbing, heating & air company its size. Likely range: $328K–$852K.
How many employees does Service Plumbing Co. Inc have?
About 6, as reported on its PPP loan.
When was Service Plumbing Co. Inc founded?
Service Plumbing Co. Inc has been in business since 1950.
Is Service Plumbing Co. Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 76 years (since 1950); founder still runs it after 76 years; family in the business (jack jones ii, owner).