Challenge Quest, LLC
How we got $423K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 38% 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 |
|---|---|---|
| CHALLENGE QUEST, LLC this business | $913K | — |
| Revamp Athletics Tulsa | $793K | 0.1 mi |
| The Shrug Society of Strength and Conditioning Tulsa | $793K | 0.1 mi |
| Gymology Tulsa | $793K | 0.1 mi |
| Jazzercise Tulsa Sandusky Tulsa | $793K | 0.2 mi |
| Mustang Arena Tulsa | $793K | 0.6 mi |
| Fair Meadows at Expo Square Tulsa | $793K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $766K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $837K |
| Estimate: the two combined (geometric mean) | $913K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $184K |
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 | $423K |
| Multiple for this size and industry | 2.3× |
| Value range | $223K – $579K |
| Revenue range | $601K – $1.0M |
| EBITDA range | $121K – $210K |
| Industry (NAICS) | All Other Amusement and Recreation Industries (713990) |
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
People & advisors
Advisors
- BankingCommerce 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 Roles are as stated there and may be out of date.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
| Commerce Bank PPP 2020 | All 113 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $26K | 6 |
About Challenge Quest, LLC
Challenge Quest, LLC is an all other amusement and recreation industries company in Tulsa, Oklahoma. Its estimated annual revenue is about $913K, with roughly $184K of EBITDA. It has about 6 employees. Its estimated business value is $423K (likely range $223K–$579K).
Common questions
- Who owns Challenge Quest, LLC?
- The owner of Challenge Quest, LLC 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 Challenge Quest, LLC make?
- SeeBITDA estimates Challenge Quest, LLC's annual revenue at about $913K (likely between $601K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Challenge Quest, LLC worth?
- About $423K, roughly 2.3× its estimated EBITDA of $184K, typical for a all other amusement and recreation industries company its size. Likely range: $223K–$579K.
- How many employees does Challenge Quest, LLC have?
- About 6, as reported on its PPP loan.