Harpe's Dance Inc
How we got $225K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Harpe's Dance Inc. is a dance studio in Oklahoma City offering professional dance instruction in ballroom, Latin, swing, and country and western dance to people who want group or private lessons.
From the company's website. Industry: Dance Companies.
Estimated value over time
▲ 28% 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 |
|---|---|---|
| HARPE'S DANCE INC this business | $327K | — |
| POSS MUSIC LLC Oklahoma City · 1 employees | $299K | 4.2 mi |
| PETER MARKES LLC Oklahoma City · 1 employees | $377K | 5.3 mi |
| OKLAHOMA CHILDREN'S THEATRE Oklahoma City · 9 employees | $891K | 5.7 mi |
| THE LOONEY BIN OF OKC, LLC Oklahoma City · 13 employees | $1.2M | 6.0 mi |
| KYLE DILLINGHAM, LLC Oklahoma City · 2 employees | $555K | 6.0 mi |
| OKLAHOMA PHILHARMONIC SOCIETY, INC Oklahoma City · 91 employees | $5.4M | 6.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $462K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $178K |
| Estimate: the two combined (geometric mean) | $327K |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $98K |
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 | $225K |
| Multiple for this size and industry | 2.3× |
| Value range | $118K – $307K |
| Revenue range | $215K – $372K |
| EBITDA range | $64K – $111K |
| Industry (NAICS) | Dance Companies (711120) |
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. 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
- BankingFundbox, Inc.PPP / 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
| Fundbox, Inc. PPP 2020 | All 24 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/24/2020 | first | $5K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Harpe's Dance Inc
Harpe's Dance Inc is a dance companies company in Oklahoma City, Oklahoma, in business since 2002. It is owned by Lee Harpe. Its estimated annual revenue is about $327K, with roughly $98K of EBITDA. It has about 2 employees. Its estimated business value is $225K (likely range $118K–$307K).
Common questions
- Who owns Harpe's Dance Inc?
- Harpe's Dance Inc is owned by Lee Harpe, according to public sources such as the company's website or filings.
- How much revenue does Harpe's Dance Inc make?
- SeeBITDA estimates Harpe's Dance Inc's annual revenue at about $327K (likely between $215K and $372K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Harpe's Dance Inc worth?
- About $225K, roughly 2.3× its estimated EBITDA of $98K, typical for a dance companies company its size. Likely range: $118K–$307K.
- How many employees does Harpe's Dance Inc have?
- About 2, as reported on its PPP loan.
- When was Harpe's Dance Inc founded?
- Harpe's Dance Inc has been in business since 2002.