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Wheel Technologies Inc

Welding and Soldering Equipment Manufacturing · Hialeah, FL

Wheel Technologies Inc is a business in Hialeah, Florida, listed under welding and soldering equipment manufacturing, with 10 to 19 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $350K to $2.4M.

Public record

Industry
Welding and Soldering Equipment Manufacturing (NAICS 333992, as reported by the business)
Location
Hialeah, Florida
Staff
10 to 19 people (as reported in 2020 to 2021)
Local rank
#4 of 11 businesses in Hialeah listed under other general purpose machinery manufacturing, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Machinery Manufacturing with 10 to 19 staff, bought 2023 to 2026. Based on 33 purchases.

Loans used to buy them

$300K to $2M

Middle loan about $630K

Estimated purchase prices

$350K to $2.4M

Middle price about $740K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Wheel Technologies Inc.

Financials of businesses like this

Average revenue

$3.2M

a year

Average payroll

$825K

26% of revenue

Average staff

14.2

people

US averages for welding and soldering equipment manufacturing with 10 to 19 staff, 2022 (42 businesses). These are not Wheel Technologies Inc's own figures; its own revenue and profit are what a valuation needs.

Value Wheel Technologies Inc on Value Alpha

Buying, selling or advising on Wheel Technologies Inc? Add its revenue, profit and owner pay, or upload the statements, and get a valuation range with bear, base and bull cases, built from comparable companies and completed sales in its industry.

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Questions

How much is a business listed under machinery manufacturing worth in Florida?
From 2023 to 2026, businesses listed under machinery manufacturing with 10 to 19 staff sold for about $350K to $2.4M, with a middle price of about $740K, based on 33 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Wheel Technologies Inc?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Wheel Technologies Inc get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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