Fitness Ventures - Norman, LLC
How we got $2.2M
Based on its 64 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 VENTURES - NORMAN, LLC this business | $3.6M | — |
| Shall We Dance Norman | $793K | 0.0 mi |
| BALANCED BODY SOLUTIONS-THERAPY WELLNESSLLC Norman · 1 employees | $177K | 0.2 mi |
| Hype Fitness Studios Norman | $793K | 0.2 mi |
| Yogalife Norman | $793K | 0.3 mi |
| House of Power Norman | $793K | 0.3 mi |
| Sooner Bowling Center Norman | $793K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 64 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.6M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $652K |
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 | $2.2M |
| Multiple for this size and industry | 3.4× |
| Value range | $1.2M – $3.0M |
| Revenue range | $2.4M – $4.1M |
| EBITDA range | $429K – $743K |
| 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
People & advisors
Advisors
- BankingFifth Third 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 Roles are as stated there and may be out of date.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
| Fifth Third Bank PPP 2020, PPP 2021 | All 5 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $129K | 64 |
| 3/17/2021 | second | $127K | 60 |
About Fitness Ventures - Norman, LLC
Fitness Ventures - Norman, LLC is a gyms & fitness company in Norman, Oklahoma. Its estimated annual revenue is about $3.6M, with roughly $652K of EBITDA. It has about 64 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).
Common questions
- Who owns Fitness Ventures - Norman, LLC?
- The owner of Fitness Ventures - Norman, 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 Fitness Ventures - Norman, LLC make?
- SeeBITDA estimates Fitness Ventures - Norman, LLC's annual revenue at about $3.6M (likely between $2.4M and $4.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fitness Ventures - Norman, LLC worth?
- About $2.2M, roughly 3.4× its estimated EBITDA of $652K, typical for a gyms & fitness company its size. Likely range: $1.2M–$3.0M.
- How many employees does Fitness Ventures - Norman, LLC have?
- About 64, as reported on its PPP loan.