City Cycles LLC
How we got $637K
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
What they do
City Cycles is a local bike shop in Jenks, OK that sells new and used bicycles, offers bicycle repair and service, and hosts free community cycling events and group rides.
From the company's website. Industry: Retail Trade.
Estimated value over time
▲ 32% 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 |
|---|---|---|
| CITY CYCLES LLC this business | $2.4M | — |
| COVENANT TCG, INC. Tulsa · 7 employees | $3.1M | 1.6 mi |
| PAINTN PLACE STUDIO LLC Tulsa · 14 employees | $3.1M | 2.4 mi |
| T-TOWN BICYCLES INC. Tulsa · 8 employees | $5.2M | 2.6 mi |
| BILL MILLER PIANO WAREHOUSE, LLC Tulsa · 1 employees | $607K | 4.3 mi |
| FLEET FEET SPORTS TULSA, INC. Tulsa · 40 employees | $14.4M | 4.6 mi |
| BARNETT MUSICAL INDUSTRIES LLC Tulsa · 4 employees | $2.8M | 4.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $300K |
| Revenue = employees × revenue per employee | $2.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $266K |
| Cross-check: revenue implied by PPP payroll | $620K |
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 | $637K |
| Multiple for this size and industry | 2.4× |
| Value range | $302K – $905K |
| Revenue range | $1.4M – $2.8M |
| EBITDA range | $157K – $314K |
| Industry (NAICS) | Retail Trade (451110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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: approximate sector default. 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
- BankingGrand 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
| Grand Bank PPP 2020, PPP 2021 | All 407 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $7K | 2 |
| 3/20/2021 | second | $7K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About City Cycles LLC
City Cycles LLC is a retail trade company in Jenks, Oklahoma, in business since 2023. Its estimated annual revenue is about $2.4M, with roughly $266K of EBITDA. It has about 3 employees. Its estimated business value is $637K (likely range $302K–$905K).
Common questions
- Who owns City Cycles LLC?
- The owner of City Cycles 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 City Cycles LLC make?
- SeeBITDA estimates City Cycles LLC's annual revenue at about $2.4M (likely between $1.4M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is City Cycles LLC worth?
- About $637K, roughly 2.4× its estimated EBITDA of $266K, typical for a retail trade company its size. Likely range: $302K–$905K.
- How many employees does City Cycles LLC have?
- About 3, as reported on its PPP loan.
- When was City Cycles LLC founded?
- City Cycles LLC has been in business since 2023.