Waggoners' Mechanical Services
How we got $10.8M
Based on its 75 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 |
|---|---|---|
| WAGGONERS' MECHANICAL SERVICES this business | $28.2M | — |
| WAGGONER'S MECHANICAL SERVICES LLC Norman · 55 employees | $22.3M | 0.0 mi |
| WAGGONERS' HEAT & AIR Norman · 75 employees | $24.4M | 0.0 mi |
| Air Comfort Solutions Cooling, Heating, Plumbing & Electrical Norman Norman | $1.8M | 0.2 mi |
| A1 Heat & Air Norman | $1.8M | 0.3 mi |
| Brandon's Plumbing Norman | $1.8M | 0.3 mi |
| KDN PLUMBING HEAT AND AIR Oklahoma City · 1 employees | $336K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 75 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $27.2M |
| Estimate: the two combined (geometric mean) | $28.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.4M |
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 | $10.8M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.7M – $14.7M |
| Revenue range | $18.5M – $32.1M |
| EBITDA range | $1.6M – $2.8M |
| 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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $915K | 75 |
About Waggoners' Mechanical Services
Waggoners' Mechanical Services is a plumbing, heating & air company in Norman, Oklahoma. Its estimated annual revenue is about $28.2M, with roughly $2.4M of EBITDA. It has about 75 employees. Its estimated business value is $10.8M (likely range $5.7M–$14.7M).
Common questions
- Who owns Waggoners' Mechanical Services?
- The owner of Waggoners' Mechanical Services 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 Waggoners' Mechanical Services make?
- SeeBITDA estimates Waggoners' Mechanical Services's annual revenue at about $28.2M (likely between $18.5M and $32.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Waggoners' Mechanical Services worth?
- About $10.8M, roughly 4.4× its estimated EBITDA of $2.4M, typical for a plumbing, heating & air company its size. Likely range: $5.7M–$14.7M.
- How many employees does Waggoners' Mechanical Services have?
- About 75, as reported on its PPP loan.