SeeBITDAOklahoma

Vickrey Heat and Air Conditioning, Inc

  • 22405 S 4190 Rd, Claremore, OK
  • Since 1976
  • Family-owned
Estimated valueMedium confidence
$2.6M
$1.5Mlikely range$4.0M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$9.1M
a year
Profit (EBITDA)
$852K
9% of revenue
Employees
38
reported in 2020
Mike and Roxanne Vickery
Founder · source
High sell likelihood

How we got $2.6M

Based on its 38 employees and its payroll, both reported for PPP in 2020 and brought up to date.

38 employees × $250K each$9.5M
PPP payroll ÷ payroll's usual share of revenue$8.8M
Revenue$9.1M
× 9% profit margin$852K
× 3 sale multiple = value$2.6M

· Own this business? Correct these figures

What we know

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

Signs of a sale High sell likelihood

  • In business 50 years (since 1976)
  • Founder still runs it after 50 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

Vickrey Heat and Air is a family-owned heating, air conditioning, geothermal and indoor air quality company serving homes first and businesses too across Northeastern Oklahoma.

Products & services
HeatingAir ConditioningHeat PumpsGeothermalIndoor Air QualityDuctless Mini-SplitsMaintenanceSystem ReplacementDuctworkThermostatsCommercialNew Construction
Markets served
HomesBusinessesCommercialNew Construction
Service area
Northeastern OklahomaClaremoreInolaCatoosaFoyilOologahTalalaChelsea
Certifications
BBB Accredited since 2008, A+ ratingOklahoma Mechanical License #045836Licensed, bonded and insuredFive-time winner of Top 10 Contractor in North America

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

Customers & suppliers

Suppliers & brands

  • Trane · brand it sells or installs
  • Rheem · brand it sells or installs
  • Mitsubishi Electric · brand it sells or installs
  • ClimateMaster · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Home builders

Estimated value over time

▲ 36% since 2020
$0$1.5M$2.9M20202026

Today'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

BusinessEst. revenueEst. profitDistance
VICKREY HEAT AND AIR CONDITIONING, INC
this business
$9.1M$852K—
MURPHY & MURPHY PLUMBING, LLC
Claremore · 3 employees
$470K$71K2.2 mi
Nupar
Claremore
$937K$120K3.5 mi
RESCUE HVAC INC
Claremore · 11 employees
$2.2M$261K4.0 mi
Rescue Heat & Air
Claremore
$937K$120K4.0 mi
LOVE AIR CONDITIONING, LLC
Claremore · 2 employees
$312K$47K4.2 mi
AKIN PLUMBING, L.L.C.
Claremore · 4 employees
$902K$116K4.5 mi

The full calculation

Employees reported to the SBA38
Revenue from headcount (employees × revenue per employee for companies this size)$9.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$8.8M
Estimate: the two combined (geometric mean)$9.1M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$852K

Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 9% since 2020, both included above.

Estimated value = EBITDA × typical sale multiple$2.6M
Multiple for this size and industry3×
Value range$1.5M – $4.0M
Revenue range$6.9M – $11.9M
EBITDA range$639K – $1.1M
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

Founded 1976 by Mike and Roxanne VickeryFamily-owned
“Vickrey Heat & Air Inc. was started by Mike and Roxanne Vickery in 1976.”

Leadership

  • JH
    Josh Harrison
    Staff member pictured with owners on About Us page; no title · Company website · source

Advisors

  • BankingRCB 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

RCB Bank
PPP 2020
All 1,690 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$353K$356K38RCB Bank

Public records

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

About Vickrey Heat and Air Conditioning, Inc

Vickrey Heat and Air Conditioning, Inc is a family-owned plumbing, heating & air company in Claremore, Oklahoma, in business since 1976. It is owned by Mike and Roxanne Vickery (Founder). Its estimated annual revenue is about $9.1M, with roughly $852K of EBITDA. It has about 38 employees. Its estimated business value is $2.6M (likely range $1.5M–$4.0M).

Common questions

Who owns Vickrey Heat and Air Conditioning, Inc?
Vickrey Heat and Air Conditioning, Inc is owned by Mike and Roxanne Vickery (Founder), according to public sources such as the company's website or filings.
How much revenue does Vickrey Heat and Air Conditioning, Inc make?
SeeBITDA estimates Vickrey Heat and Air Conditioning, Inc's annual revenue at about $9.1M (likely between $6.9M and $11.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Vickrey Heat and 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: $1.5M–$4.0M.
How many employees does Vickrey Heat and Air Conditioning, Inc have?
About 38, as reported on its PPP loan.
When was Vickrey Heat and Air Conditioning, Inc founded?
Vickrey Heat and Air Conditioning, Inc has been in business since 1976.
Is Vickrey Heat and Air Conditioning, Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 50 years (since 1976); founder still runs it after 50 years; no family successor named on its website.