Hoffmeier, Inc.
How we got $5.8M
Based on 35 employees reported for PPP in 2020, grown 8% a year since.
Estimated value over time
▲ 103% 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
▼ 26% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 35 | $8.4M |
| 2022 | Form 5500 | 42 | $10.1M |
| 2023 | Form 5500 | 38 | $9.1M |
| 2024 | Form 5500 | 37 | $8.9M |
| 2025 | Form 5500 | 26 | $6.3M |
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 42 years (since 1984)
- Headcount down 38% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOFFMEIER, INC. this business | $13.7M | — |
| NATIONS CRANE SALES INC Tulsa · 1 employees | $392K | 1.7 mi |
| C & F Custom Chrome Tulsa | $1.8M | 2.0 mi |
| INTERCONTINENTAL JET SERVICE CORPORATION Tulsa | $10.0M | 2.8 mi |
| Aluminum Hardcoat Co Tulsa | $1.8M | 3.0 mi |
| Southwest United Industries Tulsa | $1.8M | 3.3 mi |
| Midwestern Engine & Machine Tulsa | $2.0M | 3.3 mi |
Ranges & sources
| Revenue range | $10.3M – $17.8M |
| EBITDA range | $959K – $1.7M |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
| Value range | $3.5M – $9.0M |
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
Advisors
- BankingAVB 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 Roles are as stated there and may be out of date.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
| AVB Bank PPP 2020 | All 309 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $346K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hoffmeier, Inc.
Hoffmeier, Inc. is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Tulsa, Oklahoma, in business since 1984. It is owned by Gary Ramey (President). Its estimated annual revenue is about $13.7M, with roughly $1.3M of EBITDA. It has about 26 employees. Its estimated business value is $5.8M (likely range $3.5M–$9.0M).
Common questions
- Who owns Hoffmeier, Inc.?
- Hoffmeier, Inc. is owned by Gary Ramey (President), according to public sources such as the company's website or filings.
- How much revenue does Hoffmeier, Inc. make?
- SeeBITDA estimates Hoffmeier, Inc.'s annual revenue at about $13.7M (likely between $10.3M and $17.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hoffmeier, Inc. worth?
- About $5.8M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $3.5M–$9.0M.
- How many employees does Hoffmeier, Inc. have?
- About 26, from its 2025 retirement-plan filing.
- When was Hoffmeier, Inc. founded?
- Hoffmeier, Inc. has been in business since 1984.
- Is Hoffmeier, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 42 years (since 1984); headcount down 38% since 2022 (retirement plan filings).