Midtown Athletics
How we got $245K
Based on its 3 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 |
|---|---|---|
| MIDTOWN ATHLETICS this business | $450K | — |
| iStroll Tulsa Tulsa | $793K | 0.2 mi |
| Tulsa Cotillion Tulsa | $793K | 0.4 mi |
| Sky Fitness & Wellbeing of Midtown Tulsa | $793K | 0.5 mi |
| Fun 4 Kidz Playground Tulsa Tulsa | $1.6M | 0.6 mi |
| LINK2LOCAL PHYSICAL INC Tulsa · 6 employees | $490K | 0.7 mi |
| YOGA QUEST LLC Tulsa · 1 employees | $127K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $322K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $484K |
| Estimate: the two combined (geometric mean) | $450K |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $106K |
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 | $245K |
| Multiple for this size and industry | 2.3× |
| Value range | $129K – $335K |
| Revenue range | $296K – $513K |
| EBITDA range | $70K – $121K |
| 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
- BankingWeStreet FCUPPP / 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 Roles are as stated there and may be out of date.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
| WeStreet FCU PPP 2020 | All 179 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $16K | 3 |
About Midtown Athletics
Midtown Athletics is a gyms & fitness company in Tulsa, Oklahoma. Its estimated annual revenue is about $450K, with roughly $106K of EBITDA. It has about 3 employees. Its estimated business value is $245K (likely range $129K–$335K).
Common questions
- Who owns Midtown Athletics?
- The owner of Midtown Athletics 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 Midtown Athletics make?
- SeeBITDA estimates Midtown Athletics's annual revenue at about $450K (likely between $296K and $513K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Midtown Athletics worth?
- About $245K, roughly 2.3× its estimated EBITDA of $106K, typical for a gyms & fitness company its size. Likely range: $129K–$335K.
- How many employees does Midtown Athletics have?
- About 3, as reported on its PPP loan.