Fitness Time, Inc.
How we got $220K
Based on its 8 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FITNESS TIME, INC. this business | $406K | — |
| Aftermath Oklahoma BJJ Skiatook | $793K | 0.4 mi |
| Shiever's Martial Arts Skiatook | $793K | 0.7 mi |
| Skiatook Ball Fields Skiatook | $793K | 1.1 mi |
| the fit gym Skiatook | $793K | 1.6 mi |
| CIEC INVESTMENTS LLC Skiatook · 4 employees | $380K | 1.6 mi |
| Total Fitness For Her Skiatook | $793K | 1.6 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $569K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $222K |
| Estimate: the two combined (geometric mean) | $406K |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $96K |
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 | $220K |
| Multiple for this size and industry | 2.3× |
| Value range | $116K – $301K |
| Revenue range | $267K – $462K |
| EBITDA range | $63K – $109K |
| Industry (NAICS) | Fitness and Recreational Sports Centers (713940) |
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: 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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $9K | 3 |
| 4/1/2021 | second | $9K | 8 |
About Fitness Time, Inc.
Fitness Time, Inc. is a gyms & fitness company in Skiatook, Oklahoma. Its estimated annual revenue is about $406K, with roughly $96K of EBITDA. It has about 8 employees. Its estimated business value is $220K (likely range $116K–$301K).
Common questions
- Who owns Fitness Time, Inc.?
- The owner of Fitness Time, 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 Fitness Time, Inc. make?
- SeeBITDA estimates Fitness Time, Inc.'s annual revenue at about $406K (likely between $267K and $462K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fitness Time, Inc. worth?
- About $220K, roughly 2.3× its estimated EBITDA of $96K, typical for a gyms & fitness company its size. Likely range: $116K–$301K.
- How many employees does Fitness Time, Inc. have?
- About 8, as reported on its PPP loan.