Burlington Welding, LLC
How we got $1.4M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Burlington Welding, LLC is named on the pages as an acquired business, now part of Tyco Industries, LLC, which makes and sells Diamond W portable cattle corrals and handling equipment in Cherokee, Oklahoma. The pages do not state the business's own description beyond this.
From the company's website. Industry: Welding and Soldering Equipment Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HURST CONSTRUCTION AND FABRICATION, LLC · Tonkawa, 59 mi · $46.7M
- K & J CONSTRUCTION LLC · Cherokee, 1 mi · $17.0M
- HENSON CONSTRUCTION COMPANY · Enid, 35 mi · $16.0M
- DOUBLE H SERVICES, LLC · Garber, 46 mi · $12.2M
- C H MILLER CONSTRUCTION LLC · Fairview, 33 mi · $8.0M
Estimated value over time
▲ 72% 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 |
|---|---|---|
| BURLINGTON WELDING, LLC this business | $3.3M | — |
| MCCARTNEY WELDING LLC Lahoma · 42 employees | $14.1M | 30.9 mi |
| OUT ON A LIMB MFG LLC Enid · 4 employees | $1.6M | 33.7 mi |
| SHEP'S CUSTOM FABRICATION LLC Enid · 1 employees | $502K | 34.3 mi |
| JIM'S WELDING SERVICE LLC Hennessey · 3 employees | $1.6M | 51.2 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $425K |
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 | $1.4M |
| Multiple for this size and industry | 3.2× |
| Value range | $715K – $1.9M |
| Revenue range | $2.2M – $3.8M |
| EBITDA range | $279K – $484K |
| Industry (NAICS) | Welding and Soldering Equipment Manufacturing (333992) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingAlva State Bank & 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
| Alva State Bank & Trust Company PPP 2020 | All 172 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $65K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Burlington Welding, LLC
Burlington Welding, LLC is a welding and soldering equipment manufacturing company in Cherokee, Oklahoma, in business since 2007. It is owned by Tyler Meiwes. Its estimated annual revenue is about $3.3M, with roughly $425K of EBITDA. It has about 12 employees. Its estimated business value is $1.4M (likely range $715K–$1.9M).
Common questions
- Who owns Burlington Welding, LLC?
- Burlington Welding, LLC is owned by Tyler Meiwes, according to public sources such as the company's website or filings.
- How much revenue does Burlington Welding, LLC make?
- SeeBITDA estimates Burlington Welding, LLC's annual revenue at about $3.3M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Burlington Welding, LLC worth?
- About $1.4M, roughly 3.2× its estimated EBITDA of $425K, typical for a welding and soldering equipment manufacturing company its size. Likely range: $715K–$1.9M.
- How many employees does Burlington Welding, LLC have?
- About 12, as reported on its PPP loan.
- When was Burlington Welding, LLC founded?
- Burlington Welding, LLC has been in business since 2007.