SeeBITDAOklahoma

Colaw Fitness LLC

  • 584 SE WASHINGTON BLVD, Bartlesville, OK
  • Since 2005
  • NAICS 713940
Estimated valueMedium confidence
$2.9M
$1.5Mlikely range$4.0M
About 3.4× its yearly profit, typical for a company this size in its industry.
Revenue
$5.2M
a year
Profit (EBITDA)
$858K
17% of revenue
Employees
95
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $2.9M

Based on its 95 employees and its payroll, both reported for PPP in 2020 and brought up to date.

95 employees × $55K each$5.3M
PPP payroll ÷ payroll's usual share of revenue$3.9M
Shown toward the top of its range×1.14
Revenue$5.2M
× 17% profit margin$858K
× 3.4 sale multiple = value$2.9M

· Own this business? Correct these figures

Estimated value over time

▲ 23% since 2020
$0$1.7M$3.4M20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 21 years (since 2005)

From public records and the company's website, not a statement that it's for sale.

What they do

Colaw Fitness operates gyms offering 24-hour access, personal training and no long-term contracts, with locations listed in Arlington, Dallas, Bartlesville, Oklahoma City, Joplin and Topeka. The page also says it donates the first dollar of every membership to drilling water wells in Africa and to bullying prevention programs.

Products & services
Personal TrainingShop24 Hour Facility AccessFree Unlimited Tanning UnitsFree Unlimited Massage UnitsFree Fitness AssessmentFree Trainer InstructionFree Nutrition Instruction7-day Money Back Guarantee
Service area
Arlington, TXDallas, TXBartlesville, OKOklahoma City, OKJoplin, MOTopeka, KS

From the company's website. Industry: Gyms & fitness.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
COLAW FITNESS LLC
this business
$5.2M$858K—
Adams Municipal Golf Course
Bartlesville
$793K$187K0.3 mi
Ascension St. John Jane Phillips Wellness Connection
Bartlesville
$1.5M$328K0.5 mi
Takedown Jiu-Jitsu Club
Bartlesville
$793K$187K0.5 mi
CrossFit Bartlesville
Bartlesville
$793K$187K0.5 mi
Lenape Wellness & Fitness Center
Bartlesville
$793K$187K1.0 mi
HOTWORX
Bartlesville
$793K$187K1.1 mi

The full calculation

Employees reported to the SBA95
Revenue from headcount (employees × revenue per employee for companies this size)$5.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.9M
Estimate: the two combined (geometric mean)$5.2M
EBITDA margin (industry, adjusted for size)17%
EBITDA = revenue × margin$858K

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$2.9M
Multiple for this size and industry3.4×
Value range$1.5M – $4.0M
Revenue range$3.4M – $5.9M
EBITDA range$564K – $978K
Industry (NAICS)Fitness and Recreational Sports Centers (713940)

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 2005

Advisors

  • BankingArvest 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

Arvest Bank
PPP 2020, PPP 2021
All 5,114 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$181K$183K95Arvest Bank
4/17/2021second$167K$167K95Arvest Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Colaw Fitness LLC

Colaw Fitness LLC is a gyms & fitness company in Bartlesville, Oklahoma, in business since 2005. Its estimated annual revenue is about $5.2M, with roughly $858K of EBITDA. It has about 95 employees. Its estimated business value is $2.9M (likely range $1.5M–$4.0M).

Common questions

Who owns Colaw Fitness LLC?
The owner of Colaw Fitness 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 Colaw Fitness LLC make?
SeeBITDA estimates Colaw Fitness LLC's annual revenue at about $5.2M (likely between $3.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Colaw Fitness LLC worth?
About $2.9M, roughly 3.4× its estimated EBITDA of $858K, typical for a gyms & fitness company its size. Likely range: $1.5M–$4.0M.
How many employees does Colaw Fitness LLC have?
About 95, as reported on its PPP loan.
When was Colaw Fitness LLC founded?
Colaw Fitness LLC has been in business since 2005.