H2oasis Float Center and Tea House LLC
How we got $393K
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
What they do
H2Oasis Float Center and Tea House in Tulsa offers float therapy, massage, tea and oxygen bar services for individuals and couples seeking deep relaxation.
From the company's website. Industry: All Other Personal Services.
Customers & suppliers
Suppliers & brands
- Floataway · brand it sells or installs
Estimated value over time
▲ 36% since 2021Today'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 |
|---|---|---|
| H2OASIS FLOAT CENTER AND TEA HOUSE LLC this business | $952K | — |
| OKLAHOMA ALLIANCE FOR ANIMALS, INC. Tulsa · 1 employees | $66K | 0.1 mi |
| The Woof Pack - Tulsa Tulsa | $753K | 0.6 mi |
| HUMANE SOCIETY OF TULSA Tulsa · 12 employees | $561K | 0.7 mi |
| PATTY & TERRIE'S PET GROOMING, LLC Tulsa · 7 employees | $511K | 0.8 mi |
| Marj the Dog Trainer Tulsa | $753K | 0.8 mi |
| LAYSON ENTERPRISES, INC. Tulsa · 40 employees | $6.9M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $696K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $952K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $187K |
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 | $393K |
| Multiple for this size and industry | 2.1× |
| Value range | $207K – $537K |
| Revenue range | $627K – $1.1M |
| EBITDA range | $123K – $213K |
| Industry (NAICS) | All Other Personal Services (812990) |
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. 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
- BankingAVB 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
| AVB Bank PPP 2021 | All 309 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/24/2021 | second | $34K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About H2oasis Float Center and Tea House LLC
H2oasis Float Center and Tea House LLC is an all other personal services company in Tulsa, Oklahoma, in business since 2015. It is owned by Connie Swan (Founder and Co-Owner). Its estimated annual revenue is about $952K, with roughly $187K of EBITDA. It has about 5 employees. Its estimated business value is $393K (likely range $207K–$537K).
Common questions
- Who owns H2oasis Float Center and Tea House LLC?
- H2oasis Float Center and Tea House LLC is owned by Connie Swan (Founder and Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does H2oasis Float Center and Tea House LLC make?
- SeeBITDA estimates H2oasis Float Center and Tea House LLC's annual revenue at about $952K (likely between $627K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H2oasis Float Center and Tea House LLC worth?
- About $393K, roughly 2.1× its estimated EBITDA of $187K, typical for a all other personal services company its size. Likely range: $207K–$537K.
- How many employees does H2oasis Float Center and Tea House LLC have?
- About 5, as reported on its PPP loan.
- When was H2oasis Float Center and Tea House LLC founded?
- H2oasis Float Center and Tea House LLC has been in business since 2015.