Water Heater Man, LLC
How we got $90K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Water Heater Man, LLC provides water heater maintenance, repair, and replacement in Edmond and the OKC Metro Area, with more than 20 years of experience in the plumbing business.
From the company's website. Industry: Plumbing, heating & air.
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 |
|---|---|---|
| WATER HEATER MAN, LLC this business | $300K | — |
| ABOVE ALL PLUMBING, INC. Edmond · 7 employees | $1.8M | 0.0 mi |
| Red Beard Plumbing Heat & Air Edmond | $1.8M | 0.0 mi |
| Plumbology Edmond | $1.8M | 0.1 mi |
| DIVERSIFIED IMPROVEMENT SERVICES, INC Edmond · 11 employees | $3.2M | 0.2 mi |
| AC OWEN CONSTRUCTION, LLC Edmond · 26 employees | $13.9M | 0.2 mi |
| HVAC SOLUTIONS LLC Edmond · 8 employees | $2.4M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $259K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $268K |
| Estimate: the two combined (geometric mean) | $300K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $45K |
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 | $90K |
| Multiple for this size and industry | 2× |
| Value range | $48K – $124K |
| Revenue range | $198K – $342K |
| EBITDA range | $30K – $51K |
| 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
- BankingLegacy 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
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $8K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Water Heater Man, LLC
Water Heater Man, LLC is a plumbing, heating & air company in Edmond, Oklahoma, in business since 2016. Its estimated annual revenue is about $300K, with roughly $45K of EBITDA. It has about 1 employees. Its estimated business value is $90K (likely range $48K–$124K).
Common questions
- Who owns Water Heater Man, LLC?
- The owner of Water Heater Man, LLC 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 Water Heater Man, LLC make?
- SeeBITDA estimates Water Heater Man, LLC's annual revenue at about $300K (likely between $198K and $342K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Water Heater Man, LLC worth?
- About $90K, roughly 2× its estimated EBITDA of $45K, typical for a plumbing, heating & air company its size. Likely range: $48K–$124K.
- How many employees does Water Heater Man, LLC have?
- About 1, as reported on its PPP loan.
- When was Water Heater Man, LLC founded?
- Water Heater Man, LLC has been in business since 2016.