DFX Intelligence
Bob's Furnace Service, Inc.
Industrial services / Hvac plumbing mechanical· Traverse City, MI
As of · 2 sources, 17 observations, 1 event; scored 3 days ago
NAICS 238220
As of · 2 sources, 17 observations, 1 event; scored 3 days ago
What matters now
- $0.5M to $2.5Mprobable EBITDA
Probable EBITDA $0.5M to $2.5M on revenue of $8.8M to $16.5M, estimated from 59 employees.
Inside the $1M to $15M EBITDA range most independent sponsors state they buy.
InferenceDFX estimate from headcount on Form 5500, 45% confidence - 63dealability of 100
Why it fits: operating tenure +20, 38 years since earliest plan effective date (floor on age); sector demand +12.8, industrial services: sponsor demand index 0.85 (anonymised market prior).
The largest contributions to its dealability score, each with the fact it rests on.
DerivedDFX score, 23 Sep 2026 - 73data confidence of 100
How sure the record is: 2 independent sources; latest effective observation 12 Sep 2026; size estimate at 45% confidence.
How much of this page rests on independent sources rather than on our estimates.
Measuredcount of sources and dates on the record
Dealability
63
high
Sponsor fit
79
high
Transition readiness
0
low
Data confidence
73
high
Opportunity
20
ranking only
What is it
Industrial services (Hvac plumbing mechanical) employer in Traverse City, MI, with 62 benefit plan participants on its latest filing, and a benefit plan in place since 1989. No website description has been captured yet.
Why does it fit
- +30.4Size band fitEstimate
- +20Operating tenureFact
- +12.8Sector demandInference
Why now
- -59.2Plan final filingPossibly resolved
- +8.5Market pullMarket pullInference
What its own filings say
- 2022 to 2024Workforce on the planrisingmoderate weightFactCovered headcount grew 26% between 2022 to 2024, from 54 to 68 people on the plan.Form 5500 · read Sep 17, 2026
- 1989 to 2026Long establishedcontext weightFactHas run a benefit plan since 1989, at least 37 years, so the business is older than that.Form 5500 · read Sep 17, 2026
How large is it
- Probable revenue
- $8.8M to $16.5M Estimate
- Probable EBITDA
- $531,000 to $2.5M Estimate
- Workforce proxy
- 62 plan participants
- Estimate computed on
- 59 employees, the headcount the size estimate used
- Method
- employees x sector revenue/employee band x sector EBITDA margin band
- Confidence
- 45%
How certain are we
- +30Source breadthFact2 independent sources
- +29.6FreshnessFactlatest effective observation 2026-09-12
- +13.5Size estimate qualityEstimate
What changed
Ownership and transition activity
How the four classes are defined- Jan 1, 2026plan year 2026Company transitionFactFinal filing, next year unpublishedconfidence 80%Final Form 5500 for 1 plan; the following plan year is not yet on the recordRule: On the 2022 and 2023 tapes, 79 to 80% of sponsors that marked a return final were absent from the RAW Form 5500 record the following plan year (any size, any industry, EIN and successor), against 1.8 to 2.1% of sponsors that did not; that is next-year absence, not a sale rateDOL EFAST2 Form 5500 datasets efast.dol.gov · last verified Sep 23, 2026
- Every dated event
- Jan 1, 2026Final benefit plan filingFactTransaction preparationBob's Furnace Service, Inc. filed a final Form 5500 for 1 planDOL EFAST2 Form 5500 datasets efast.dol.gov
Decision makers
No named leader on the record yet: the company's site did not list one where we read it.
Profile
- Founded
- benefit plan since Jan 1, 1989 (age floor 37 years)
- Ownership
- not observed
- Plans on file
- 1
What is the evidenceAbout the evidenceEvery observation on the tape for this company. Facts come from a named source; inferences and estimates are DFX's and say so.
| Fact | Value | Class | Effective | Source | Evidence |
|---|---|---|---|---|---|
| Active participants | 59 | Fact | 2024-01-01 | DOL EFAST2 Form 5500 datasets | |
| Ebitda band | $1.5M | Estimate | 2026-09-12 | DFX model output (scores, estimates, matches) no URL | |
| Ebitda band | $1.5M | Estimate | 2026-09-11 | DFX model output (scores, estimates, matches) no URL | |
| Hq location | Traverse City, MI | Fact | 2024-01-01 | DOL EFAST2 Form 5500 datasets | |
| Naics code | 238220 | Fact | 2024-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan assets eoy usd | $44,701 | Fact | 2026-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan assets eoy usd | $3.1M | Fact | 2024-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan assets eoy usd | $2.7M | Fact | 2023-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan assets eoy usd | $2.0M | Fact | 2022-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan count | 1 | Fact | 2024-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan effective date earliest | 1989-01-01 | Fact | 2024-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan participants | 62 | Fact | 2026-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan participants | 68 | Fact | 2024-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan participants | 58 | Fact | 2023-01-01 | DOL EFAST2 Form 5500 datasets | |
| Plan participants | 54 | Fact | 2022-01-01 | DOL EFAST2 Form 5500 datasets | |
| Subsector | HVAC plumbing mechanical | Fact | 2024-01-01 | DOL EFAST2 Form 5500 datasets | |
| Vertical | Industrial services | Fact | 2024-01-01 | DOL EFAST2 Form 5500 datasets |