SeeBITDAOklahoma

Williams Plumbing & Drain Service, Inc.

  • 10321 E 47TH PL, Tulsa, OK
  • Since 1988
  • Family-owned
  • NAICS 238220
Estimated valueMedium confidence
$1.1M
$587Klikely range$1.5M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.4M
a year
Profit (EBITDA)
$464K
11% of revenue
Employees
13
reported in 2020
Leadership
Steve Williams
Owner · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $1.1M

Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.

13 employees × $254K each$3.3M
PPP payroll ÷ payroll's usual share of revenue$4.5M
Shown toward the top of its range×1.14
Revenue$4.4M
× 11% profit margin$464K
× 2.4 sale multiple = value$1.1M

· Own this business? Correct these figures

Estimated value over time

▲ 36% since 2020
$0$641K$1.3M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

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

Signs of a sale Unlikely to sell soon

  • In business 38 years (since 1988)
  • Family in the business (Clint Williams, President)

From public records and the company's website, not a statement that it's for sale.

What they do

Williams Plumbing & Drain Service is a family owned plumbing company in Tulsa, Oklahoma that has served Tulsa and Broken Arrow for 35 years, offering drain, sewer, water heater, faucet, garbage disposal and leak services to homeowners.

Products & services
Drain & Sewer LineCamera InspectionGarbage DisposalWater HeaterTankless Water HeaterKitchen FaucetBathroom FaucetToiletSlab LeakLeak DetectionDrain CleaningSewer Line repair, replacement and installation
Markets served
homeowners
Service area
TulsaBroken ArrowJenksBixbyOwassoTulsa CountyGreen CountryBarnsdall, OK
Certifications
Licensed. Bonded. Insured

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
WILLIAMS PLUMBING & DRAIN SERVICE, INC.
this business
$4.4M$464K—
Discount Drains
Tulsa
$1.9M$242K0.0 mi
CROWL MECHANICAL INC
Tulsa · 9 employees
$3.0M$350K0.0 mi
SEWELL MECHANICAL, INC
Tulsa · 9 employees
$3.7M$395K0.2 mi
Comfort Control of Tulsa
Tulsa
$1.9M$242K0.2 mi
Guardian Service Company
Tulsa
$1.9M$242K0.2 mi
Gusto Service Company
Tulsa
$1.9M$242K0.3 mi

The full calculation

Employees reported to the SBA13
Revenue from headcount (employees × revenue per employee for companies this size)$3.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$4.5M
Estimate: the two combined (geometric mean)$4.4M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$464K

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$1.1M
Multiple for this size and industry2.4×
Value range$587K – $1.5M
Revenue range$2.9M – $5.0M
EBITDA range$305K – $530K
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

History & advisors

Founded 1988Family-owned
“Since our founding in 1988, Williams Plumbing has stood for honesty, integrity, and a commitment to the plumbing trade.”

Advisors

  • BankingJPMorgan Chase Bank, National AssociationPPP / 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

JPMorgan Chase Bank, National Association
PPP 2020
All 993 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/1/2020first$152K$153K13JPMorgan Chase Bank, National Association

Public records

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

About Williams Plumbing & Drain Service, Inc.

Williams Plumbing & Drain Service, Inc. is a family-owned plumbing, heating & air company in Tulsa, Oklahoma, in business since 1988. It is owned by Steve Williams. Its estimated annual revenue is about $4.4M, with roughly $464K of EBITDA. It has about 13 employees. Its estimated business value is $1.1M (likely range $587K–$1.5M).

Common questions

Who owns Williams Plumbing & Drain Service, Inc.?
Williams Plumbing & Drain Service, Inc. is owned by Steve Williams, according to public sources such as the company's website or filings.
How much revenue does Williams Plumbing & Drain Service, Inc. make?
SeeBITDA estimates Williams Plumbing & Drain Service, Inc.'s annual revenue at about $4.4M (likely between $2.9M and $5.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Williams Plumbing & Drain Service, Inc. worth?
About $1.1M, roughly 2.4× its estimated EBITDA of $464K, typical for a plumbing, heating & air company its size. Likely range: $587K–$1.5M.
How many employees does Williams Plumbing & Drain Service, Inc. have?
About 13, as reported on its PPP loan.
When was Williams Plumbing & Drain Service, Inc. founded?
Williams Plumbing & Drain Service, Inc. has been in business since 1988.