Service Tech Cooling Towers, LLC
- Krystyn HobsArchitectural rendering · Company website
How we got $1.2M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 59% 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 Likely to sell
- In business 26 years (since 2000)
- Founder still runs it after 26 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Service Tech Cooling Towers LLC is a Chickasha, OK company that provides cooling tower maintenance, repairs, OEM parts, and on-site construction of new cooling towers, including its own concrete tilt-panel design.
From the company's website. Industry: Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing.
Customers & suppliers
Customers
- Matheson Tri-Gas · named on its website
- Agrium/Nutrien · named on its website
- OUHSC Research Park · named on its website
- Solvay · named on its website
Suppliers & brands
- Tower Tech · brand it sells or installs
- BAC · brand it sells or installs
- MARLEY · brand it sells or installs
- EVAPCO · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SERVICE TECH COOLING TOWERS, LLC this business | $2.7M | — |
| FLEETLIFE, INC. Chickasha · 20 employees | $8.5M | 1.7 mi |
| GENISCO FILTER CORP Chickasha · 7 employees | $3.2M | 1.8 mi |
| ROYAL FILTER MANUFACTURING COMPANY, INC. Chickasha · 33 employees | $10.8M | 3.5 mi |
| DACUS HEAT & AIR LLC Fletcher · 15 employees | $4.6M | 21.3 mi |
| Climacool Corporation Oklahoma City | $3.0M | 31.8 mi |
| Climate Control Group Oklahoma City | $1.9M | 31.8 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $374K |
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 | $1.2M |
| Multiple for this size and industry | 3.2× |
| Value range | $629K – $1.6M |
| Revenue range | $1.8M – $3.1M |
| EBITDA range | $246K – $426K |
| Industry (NAICS) | Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415) |
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
History & advisors
“Service Tech Cooling Towers LLC was formed in October 2000 as a Cooling Tower Service and Maintenance company, primarily for the Tower Tech cooling towers.”
Advisors
- BankingLiberty National 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
| Liberty National Bank PPP 2020 | All 430 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 | $41K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Service Tech Cooling Towers, LLC
Service Tech Cooling Towers, LLC is a family-owned air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing company in Chickasha, Oklahoma, in business since 2000. It is owned by Kelly Boyd (Founder). Its estimated annual revenue is about $2.7M, with roughly $374K of EBITDA. It has about 8 employees. Its estimated business value is $1.2M (likely range $629K–$1.6M).
Common questions
- Who owns Service Tech Cooling Towers, LLC?
- Service Tech Cooling Towers, LLC is owned by Kelly Boyd (Founder), according to public sources such as the company's website or filings.
- How much revenue does Service Tech Cooling Towers, LLC make?
- SeeBITDA estimates Service Tech Cooling Towers, LLC's annual revenue at about $2.7M (likely between $1.8M and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Service Tech Cooling Towers, LLC worth?
- About $1.2M, roughly 3.2× its estimated EBITDA of $374K, typical for a air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing company its size. Likely range: $629K–$1.6M.
- How many employees does Service Tech Cooling Towers, LLC have?
- About 8, as reported on its PPP loan.
- When was Service Tech Cooling Towers, LLC founded?
- Service Tech Cooling Towers, LLC has been in business since 2000.
- Is Service Tech Cooling Towers, LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 26 years (since 2000); founder still runs it after 26 years; no family successor named on its website.