Hydrohoist, LLC
How we got $14.2M
Based on its 47 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 62 years (since 1964)
- Founder still runs it after 62 years
From public records and the company's website, not a statement that it's for sale.
What they do
HydroHoist, LLC makes boat lifts, jet ski (PWC) docks and marine accessories and sells them through a nationwide dealer network. It serves boaters on freshwater and saltwater waterfronts.
From the company's website. Industry: Overhead Traveling Crane, Hoist, and Monorail System Manufacturing.
Estimated value over time
▲ 26% 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 |
|---|---|---|
| HYDROHOIST, LLC this business | $23.5M | — |
| CLAREMORE WELD SHOP Claremore · 4 employees | $1.8M | 0.3 mi |
| SLICE OF LIFE INVESTMENTS LLC Claremore · 10 employees | $4.4M | 0.4 mi |
| CLAREMORE WELDING SUPPLY, INC. Claremore · 2 employees | $732K | 0.4 mi |
| ONSITE UPTIME LLC Claremore · 1 employees | $390K | 3.1 mi |
| XS WELDING, LLC Claremore · 5 employees | $1.6M | 3.4 mi |
| AATS INC Claremore · 2 employees | $872K | 4.9 mi |
The full calculation
| Employees reported to the SBA | 47 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $18.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $22.4M |
| Estimate: the two combined (geometric mean) | $23.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $2.4M |
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 | $14.2M |
| Multiple for this size and industry | 5.8× |
| Value range | $7.5M – $19.4M |
| Revenue range | $15.4M – $26.7M |
| EBITDA range | $1.6M – $2.8M |
| Industry (NAICS) | Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923) |
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
“Over the years, we have continued to upgrade and enhance our products to better satisfy today’s boater.”
Advisors
- BankingWintrust 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
| Wintrust Bank, National Association PPP 2020 | All 2 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $675K | 47 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hydrohoist, LLC
Hydrohoist, LLC is an overhead traveling crane, hoist, and monorail system manufacturing company in Claremore, Oklahoma, in business since 1964. It is owned by Henry Rutter (Founder). Its estimated annual revenue is about $23.5M, with roughly $2.4M of EBITDA. It has about 47 employees. Its estimated business value is $14.2M (likely range $7.5M–$19.4M).
Common questions
- Who owns Hydrohoist, LLC?
- Hydrohoist, LLC is owned by Henry Rutter (Founder), according to public sources such as the company's website or filings.
- How much revenue does Hydrohoist, LLC make?
- SeeBITDA estimates Hydrohoist, LLC's annual revenue at about $23.5M (likely between $15.4M and $26.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hydrohoist, LLC worth?
- About $14.2M, roughly 5.8× its estimated EBITDA of $2.4M, typical for a overhead traveling crane, hoist, and monorail system manufacturing company its size. Likely range: $7.5M–$19.4M.
- How many employees does Hydrohoist, LLC have?
- About 47, as reported on its PPP loan.
- When was Hydrohoist, LLC founded?
- Hydrohoist, LLC has been in business since 1964.
- Is Hydrohoist, LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 62 years (since 1964); founder still runs it after 62 years.