Heritage Lanes, LLC
How we got $943K
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 31% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
The pages are for Andy B's Bowl Social, a cashless family entertainment center in Oklahoma City offering bowling, axe throwing, arcade games, event spaces, and a restaurant and bar. The pages do not mention Heritage Lanes, LLC.
From the company's website. Industry: Bowling centers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- OKLAHOMA BAPTIST UNIVERSITY · Shawnee, 38 mi · $76.0M
- SOUTHERN NAZARENE UNIVERSITY · Bethany, 7 mi · $72.1M
- OKLAHOMA CHRISTIAN UNIVERSITY, INC. - NONPROFIT (NO BUSINESS · Oklahoma City, 5 mi · $68.1M
- SANTA FE SOUTH SCHOOLS, INC. · Oklahoma City, 12 mi · $58.3M
- DOVE SCHOOLS INC. · Oklahoma City, 4 mi · $44.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HERITAGE LANES, LLC this business | $1.9M | — |
| Andy B's - OKC Oklahoma City | $1.6M | 0.0 mi |
| Fitness center Oklahoma City | $793K | 0.4 mi |
| Anytime Fitness Oklahoma City | $793K | 0.8 mi |
| Pure Pilates Oklahoma City | $793K | 0.8 mi |
| Obvious Group Oklahoma City | $793K | 0.9 mi |
| Inertiaokc Oklahoma City | $793K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $349K |
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 | $943K |
| Multiple for this size and industry | 2.7× |
| Value range | $496K – $1.3M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $230K – $398K |
| Industry (NAICS) | Bowling centers (713950) |
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
- BankingGuaranty 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
| Guaranty Bank PPP 2020, PPP 2021 | All 7 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $98K | 17 |
| 2/3/2021 | second | $125K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Heritage Lanes, LLC
Heritage Lanes, LLC is a bowling centers company in Oklahoma City, Oklahoma, in business since 2005. Its estimated annual revenue is about $1.9M, with roughly $349K of EBITDA. It has about 17 employees. Its estimated business value is $943K (likely range $496K–$1.3M).
Common questions
- Who owns Heritage Lanes, LLC?
- The owner of Heritage Lanes, 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 Heritage Lanes, LLC make?
- SeeBITDA estimates Heritage Lanes, LLC's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heritage Lanes, LLC worth?
- About $943K, roughly 2.7× its estimated EBITDA of $349K, typical for a bowling centers company its size. Likely range: $496K–$1.3M.
- How many employees does Heritage Lanes, LLC have?
- About 17, as reported on its PPP loan.
- When was Heritage Lanes, LLC founded?
- Heritage Lanes, LLC has been in business since 2005.