Belmar Golf, L.L.C.
How we got $2.0M
Based on its 22 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Belmar Golf Club is a country club in Norman, OK offering a challenging golf course with a short course for beginners, along with membership, events and weddings, golf outings, and dining at Belmar Cantina.
From the company's website. Industry: Golf Courses and Country Clubs.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BELMAR GOLF, L.L.C. this business | $3.2M | — |
| Sooner Judo Club of Norman Norman | $793K | 0.7 mi |
| OKLAHOMA PREMIER SPORTS, LLC Norman · 24 employees | $1.3M | 0.9 mi |
| Oklahoma Premier Sport Norman | $793K | 0.9 mi |
| YOYO'S GYM LLC Norman · 2 employees | $298K | 2.9 mi |
| Harsh Firearms Norman | $793K | 3.1 mi |
| Twist & Shout Norman - Cheerleading and Tumbling Norman | $793K | 3.1 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $578K |
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 | $2.0M |
| Multiple for this size and industry | 3.4× |
| Value range | $1.0M – $2.7M |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $380K – $659K |
| Industry (NAICS) | Golf Courses and Country Clubs (713910) |
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
“Founded in 2002 and privately owned, Belmar Golf Club sets the standard for the ultimate in private club lifestyle.”
Advisors
- BankingFirst Liberty 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
| First Liberty Bank PPP 2020 | All 382 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 | $157K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Belmar Golf, L.L.C.
Belmar Golf, L.L.C. is a golf courses and country clubs company in Norman, Oklahoma, in business since 2002. Its estimated annual revenue is about $3.2M, with roughly $578K of EBITDA. It has about 22 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).
Common questions
- Who owns Belmar Golf, L.L.C.?
- The owner of Belmar Golf, L.L.C. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Belmar Golf, L.L.C. make?
- SeeBITDA estimates Belmar Golf, L.L.C.'s annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Belmar Golf, L.L.C. worth?
- About $2.0M, roughly 3.4× its estimated EBITDA of $578K, typical for a golf courses and country clubs company its size. Likely range: $1.0M–$2.7M.
- How many employees does Belmar Golf, L.L.C. have?
- About 22, as reported on its PPP loan.
- When was Belmar Golf, L.L.C. founded?
- Belmar Golf, L.L.C. has been in business since 2002.