SeeBITDAOklahoma

Fliptastic Gymnastics Inc

Sports and Recreation Instruction
  • 2402 NW 38th St, Lawton, OK
  • Since 2000
  • Family-owned, 2nd generation
  • NAICS 611620
Estimated valueMedium confidence
$477K
$251Klikely range$652K
About 2.6× its yearly profit, typical for a company this size in its industry.
Revenue
$881K
a year
Profit (EBITDA)
$183K
21% of revenue
Employees
11
reported in 2020
Leadership
Randy and Kerrie Boggs
Owners · source
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $477K

Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.

11 employees × $65K each$719K
PPP payroll ÷ payroll's usual share of revenue$830K
Shown toward the top of its range×1.14
Revenue$881K
× 21% profit margin$183K
× 2.6 sale multiple = value$477K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 26 years (since 2000)
  • Founder still runs it after 26 years
  • Family in the business (Kerrie Boggs, Owner)

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

What they do

Fliptastic Gymnastics is a gymnastics and tumbling program in Lawton, Oklahoma that offers classes for children, including preschool-age classes and higher-level competition teams.

Products & services
Mom & Tot Gymnastics Classes for Ages 2-3Tiny Tumblers- Beginning Gymnastics for Ages 3.5 & 4Jr. Gym- Beginning Gymnastics for Ages 5 & 6Flippers-Beginning Gymnastics for Ages 7 & UpAAU Competiton TeamsUSAG Competition TeamXCEL Competition TeamTumbling Classes
Markets served
Children
Service area
SW Oklahoma
Certifications
USAGAAU

From the company's website. Industry: Sports and Recreation Instruction.

Estimated value over time

▲ 36% since 2020
$0$274K$548K20202026

Today'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

BusinessEst. revenueEst. profitDistance
FLIPTASTIC GYMNASTICS INC
this business
$881K$183K—
Sylvan Learning Of Lawton
Lawton
$681K$166K1.0 mi
DREADNOUGHT BRAZILIAN JIU-JITSU ACADEMY LLC
Lawton · 1 employees
$160K$39K1.4 mi
SDC COMPANY, LLC
Lawton · 2 employees
$196K$48K2.5 mi
LAWTON BALLET THEATRE
Lawton · 1 employees
$185K$45K2.6 mi
SKILLS FOR L.I.F.E. FOUNDATION
Lawton · 3 employees
$418K$102K2.9 mi
SOUTHSTAR DANCE ACADEMY
Lawton · 2 employees
$378K$92K3.1 mi

The full calculation

Employees reported to the SBA11
Revenue from headcount (employees × revenue per employee for companies this size)$719K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$830K
Estimate: the two combined (geometric mean)$881K
EBITDA margin (industry, adjusted for size)21%
EBITDA = revenue × margin$183K

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$477K
Multiple for this size and industry2.6×
Value range$251K – $652K
Revenue range$580K – $1.0M
EBITDA range$121K – $209K
Industry (NAICS)Sports and Recreation Instruction (611620)

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 2000 by Randy and Kerrie BoggsFamily-owned · 2nd generation
“Randy and Kerrie Boggs opened Fliptastic Gymnastics in September 2000 with the goal of establishing a safe and fun environment where children could learn gymnastics and thrive as growing individuals.”

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
All 7,048 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/14/2020first$30K$30K11BancFirst

Public records

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

About Fliptastic Gymnastics Inc

Fliptastic Gymnastics Inc is a family-owned sports and recreation instruction company in Lawton, Oklahoma, in business since 2000. It is owned by Randy and Kerrie Boggs (Owners). Its estimated annual revenue is about $881K, with roughly $183K of EBITDA. It has about 11 employees. Its estimated business value is $477K (likely range $251K–$652K).

Common questions

Who owns Fliptastic Gymnastics Inc?
Fliptastic Gymnastics Inc is owned by Randy and Kerrie Boggs (Owners), according to public sources such as the company's website or filings.
How much revenue does Fliptastic Gymnastics Inc make?
SeeBITDA estimates Fliptastic Gymnastics Inc's annual revenue at about $881K (likely between $580K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Fliptastic Gymnastics Inc worth?
About $477K, roughly 2.6× its estimated EBITDA of $183K, typical for a sports and recreation instruction company its size. Likely range: $251K–$652K.
How many employees does Fliptastic Gymnastics Inc have?
About 11, as reported on its PPP loan.
When was Fliptastic Gymnastics Inc founded?
Fliptastic Gymnastics Inc has been in business since 2000.