Hi-Tec Industries OK LLC
- Ashley FitzsimmonsSigns company filings · Form 5500 (2024)
How we got $7.0M
Based on its 37 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 40% 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.
Employees over time
▼ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 37 | $7.5M |
| 2020 | Form 5500 | 34 | $6.9M |
| 2021 | Form 5500 | 34 | $6.9M |
| 2022 | Form 5500 | 34 | $6.9M |
| 2023 | Form 5500 | 42 | $8.5M |
| 2024 | Form 5500 | 33 | $6.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Likely to sell
- In business 57 years (since 1969)
- Headcount down 21% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Hi-Tec Industries OK LLC is a turnkey manufacturing shop in Broken Arrow, Oklahoma, offering machining, welding, fabrication and related services from raw material through painting. It serves companies large and small, including original equipment manufacturers.
From the company's website. Industry: Machine shops & fabrication.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HI-TEC INDUSTRIES OK LLC this business | $12.9M | — |
| A. & E. FRAME MFG., INC. Broken Arrow · 3 employees | $1.1M | 1.1 mi |
| A TO Z MANUFACTURING, LLC Broken Arrow · 12 employees | $4.2M | 1.1 mi |
| KINETIC STEEL CORP Broken Arrow · 13 employees | $4.4M | 1.2 mi |
| LATHEM TOOL & MACHINE, INC Broken Arrow · 2 employees | $445K | 1.4 mi |
| PHILLIP SINGLETARY COMPANY Broken Arrow · 9 employees | $1.4M | 1.5 mi |
| Warrior Machining, LLC Broken Arrow | $2.0M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 37 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.9M |
| Estimate: the two combined (geometric mean) | $12.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.5M |
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 | $7.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.7M – $9.5M |
| Revenue range | $8.5M – $14.7M |
| EBITDA range | $974K – $1.7M |
| Industry (NAICS) | Machine Shops (332710) |
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
“Hi-Tec Industries OK LLC began operations in 1969 as Eastside Machine Works by the Keel family with one manual turret lathe set-up in their garage.”
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $446K | 37 |
| 2/13/2021 | second | $446K | 37 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hi-Tec Industries OK LLC
Hi-Tec Industries OK LLC is a machine shops & fabrication company in Broken Arrow, Oklahoma, in business since 1969. It is owned by Dueck brothers. Its estimated annual revenue is about $12.9M, with roughly $1.5M of EBITDA. It has about 33 employees. Its estimated business value is $7.0M (likely range $3.7M–$9.5M).
Common questions
- Who owns Hi-Tec Industries OK LLC?
- Hi-Tec Industries OK LLC is owned by Dueck brothers, according to public sources such as the company's website or filings.
- How much revenue does Hi-Tec Industries OK LLC make?
- SeeBITDA estimates Hi-Tec Industries OK LLC's annual revenue at about $12.9M (likely between $8.5M and $14.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hi-Tec Industries OK LLC worth?
- About $7.0M, roughly 4.7× its estimated EBITDA of $1.5M, typical for a machine shops & fabrication company its size. Likely range: $3.7M–$9.5M.
- How many employees does Hi-Tec Industries OK LLC have?
- About 33, from its 2024 retirement-plan filing.
- When was Hi-Tec Industries OK LLC founded?
- Hi-Tec Industries OK LLC has been in business since 1969.
- Is Hi-Tec Industries OK LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 57 years (since 1969); headcount down 21% since 2023 (retirement plan filings).