Vernon's Plumbing, Heating & Air Conditioning, Inc.
How we got $2.6M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| VERNON'S PLUMBING, HEATING & AIR CONDITIONING, INC. this business | $9.1M | — |
| VERNONS PLUMBING HEATING & AIR CONDITIONING INC Ardmore · 24 employees | $8.8M | 0.0 mi |
| SHRADER ELECTRIC INC. Ardmore · 6 employees | $1.5M | 0.2 mi |
| TOP TECH HEAT & AIR INC Ardmore · 12 employees | $2.9M | 0.2 mi |
| QUALITY ELECTRIC CONSTRUCTION & MAINTENANCE INC Ardmore · 31 employees | $10.7M | 0.3 mi |
| SERVICE PLUMBING CO. INC Ardmore · 6 employees | $1.9M | 0.3 mi |
| Ninja Co. Heat & Air Ardmore | $1.8M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.3M |
| Estimate: the two combined (geometric mean) | $9.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $852K |
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 | $2.6M |
| Multiple for this size and industry | 3× |
| Value range | $1.3M – $3.5M |
| Revenue range | $6.0M – $10.4M |
| EBITDA range | $561K – $972K |
| 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $278K | 26 |
About Vernon's Plumbing, Heating & Air Conditioning, Inc.
Vernon's Plumbing, Heating & Air Conditioning, Inc. is a plumbing, heating & air company in Ardmore, Oklahoma. Its estimated annual revenue is about $9.1M, with roughly $852K of EBITDA. It has about 26 employees. Its estimated business value is $2.6M (likely range $1.3M–$3.5M).
Common questions
- Who owns Vernon's Plumbing, Heating & Air Conditioning, Inc.?
- The owner of Vernon's Plumbing, Heating & Air Conditioning, 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 Vernon's Plumbing, Heating & Air Conditioning, Inc. make?
- SeeBITDA estimates Vernon's Plumbing, Heating & Air Conditioning, Inc.'s annual revenue at about $9.1M (likely between $6.0M and $10.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Vernon's Plumbing, Heating & Air Conditioning, Inc. worth?
- About $2.6M, roughly 3× its estimated EBITDA of $852K, typical for a plumbing, heating & air company its size. Likely range: $1.3M–$3.5M.
- How many employees does Vernon's Plumbing, Heating & Air Conditioning, Inc. have?
- About 26, as reported on its PPP loan.