Cord of Three Inc
How we got $445K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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.
Employees over time
▼ 91% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $467K |
| 2020 | Form 5500 | 2 | $85K |
| 2021 | Form 5500 | 2 | $85K |
| 2022 | Form 5500 | 4 | $170K |
| 2023 | Form 5500 | 5 | $212K |
| 2024 | Form 5500 | 3 | $127K |
| 2025 | Form 5500 | 1 | $42K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CORD OF THREE INC this business | $959K | — |
| CLUB PILATES N PENN LLC Oklahoma City · 10 employees | $895K | 0.0 mi |
| Greenbriar Ymca Oklahoma City | $793K | 0.9 mi |
| Earlywine Park YMCA - YMCA of Greater Oklahoma City Oklahoma City | $793K | 1.0 mi |
| ABP GROUP, LLC Oklahoma City · 6 employees | $716K | 1.0 mi |
| Anytime Fitness Oklahoma City | $793K | 1.0 mi |
| Inner Circle Sports Oklahoma City | $793K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $688K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $959K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $193K |
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 | $445K |
| Multiple for this size and industry | 2.3× |
| Value range | $234K – $608K |
| Revenue range | $631K – $1.1M |
| EBITDA range | $127K – $220K |
| 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
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $42K | 11 |
| 1/22/2021 | second | $42K | 9 |
About Cord of Three Inc
Cord of Three Inc is a gyms & fitness company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $959K, with roughly $193K of EBITDA. It has about 1 employees. Its estimated business value is $445K (likely range $234K–$608K).
Common questions
- Who owns Cord of Three Inc?
- The owner of Cord of Three Inc 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 Cord of Three Inc make?
- SeeBITDA estimates Cord of Three Inc's annual revenue at about $959K (likely between $631K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cord of Three Inc worth?
- About $445K, roughly 2.3× its estimated EBITDA of $193K, typical for a gyms & fitness company its size. Likely range: $234K–$608K.
- How many employees does Cord of Three Inc have?
- About 1, from its 2025 retirement-plan filing.