Utility Supply Company
How we got $13.1M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- Department of the Army · federal contracts $36K
Estimated value over time
▲ 46% 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 |
|---|---|---|
| UTILITY SUPPLY COMPANY this business | $36.8M | — |
| H. G. FLAKE COMPANY, INC. Tulsa · 13 employees | $17.6M | 4.6 mi |
| TAMKEN ADAPTORS, LLC Tulsa · 2 employees | $2.5M | 4.6 mi |
| CASTERS OF OKLAHOMA INC Tulsa · 13 employees | $9.9M | 5.1 mi |
| HILTI CARIBE LLC Tulsa | $6.8M | 6.7 mi |
| GREEN COUNTRY WATER AND AIR, LLC Broken Arrow · 2 employees | $2.1M | 6.8 mi |
| BIG RED FASTENERS, INC. Broken Arrow · 32 employees | $23.5M | 7.4 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $30.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $33.9M |
| Estimate: the two combined (geometric mean) | $36.8M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.5M |
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 | $13.1M |
| Multiple for this size and industry | 5.2× |
| Value range | $6.9M – $17.9M |
| Revenue range | $24.2M – $42.0M |
| EBITDA range | $1.7M – $2.9M |
| Industry (NAICS) | Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (423720) |
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
- BankingBlue Sky 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
| Blue Sky 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 |
|---|---|---|---|
| 4/7/2020 | first | $348K | 28 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Utility Supply Company
Utility Supply Company is a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company in Tulsa, Oklahoma, in business since 2003. Its estimated annual revenue is about $36.8M, with roughly $2.5M of EBITDA. It has about 28 employees. Its estimated business value is $13.1M (likely range $6.9M–$17.9M).
Common questions
- Who owns Utility Supply Company?
- The owner of Utility Supply Company 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 Utility Supply Company make?
- SeeBITDA estimates Utility Supply Company's annual revenue at about $36.8M (likely between $24.2M and $42.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Utility Supply Company worth?
- About $13.1M, roughly 5.2× its estimated EBITDA of $2.5M, typical for a plumbing and heating equipment and supplies (hydronics) merchant wholesalers company its size. Likely range: $6.9M–$17.9M.
- How many employees does Utility Supply Company have?
- About 28, as reported on its PPP loan.
- When was Utility Supply Company founded?
- Utility Supply Company has been in business since 2003.