Midtown Wellness Institute
How we got $370K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Emerge is a medical spa and day spa in Tulsa, OK, with South Tulsa and River Spirit locations offering wellness, skin care and beauty treatments. It also runs Emerge Partner Affiliates, which provides training and consulting for the medical spa industry.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- SkinMedica · brand it sells or installs
- Nutridyn · brand it sells or installs
- Nutrafol · brand it sells or installs
- KEVIN.MURPHY · brand it sells or installs
- UPNEEQ · brand it sells or installs
- Silagen · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MARILYN IHLOFF INC · Tulsa, 1 mi · $13.4M
- STYLE PRO'S INC · Bixby, 13 mi · $6.1M
- STYLE PROS INC · Bixby, 13 mi · $6.0M
- FACE APEEL INC · Tulsa, 2 mi · $4.8M
- BERKSHIRE MCGHEE WEBSTER LLC · Broken Arrow, 10 mi · $4.3M
Estimated value over time
▲ 4% 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 WELLNESS INSTITUTE this business | $2.2M | — |
| J BRACKEN FINNELL DDS INC Tulsa · 8 employees | $4.5M | 0.1 mi |
| THE BEAUTY SHOP, LLC Tulsa · 16 employees | $8.4M | 0.3 mi |
| NUCLEAR RX PC Tulsa · 11 employees | $7.8M | 0.5 mi |
| ROWLAND PHARMACY LLC Tulsa · 4 employees | $4.0M | 0.5 mi |
| THE SKIN BAR LLC Tulsa · 5 employees | $2.3M | 0.6 mi |
| HICKS BRUNSON CO., INC. Tulsa · 6 employees | $2.7M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $185K |
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 | $370K |
| Multiple for this size and industry | 2× |
| Value range | $195K – $506K |
| Revenue range | $1.5M – $2.5M |
| EBITDA range | $122K – $211K |
| Industry (NAICS) | Retail Trade (446191) |
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: approximate sector default. 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
- BankingStride Bank, National AssociationPPP / 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
| Stride Bank, National Association PPP 2020 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $36K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Midtown Wellness Institute
Midtown Wellness Institute is a retail trade company in Tulsa, Oklahoma, in business since 2016. It is owned by Belinda Stewart. Its estimated annual revenue is about $2.2M, with roughly $185K of EBITDA. It has about 3 employees. Its estimated business value is $370K (likely range $195K–$506K).
Common questions
- Who owns Midtown Wellness Institute?
- Midtown Wellness Institute is owned by Belinda Stewart, according to public sources such as the company's website or filings.
- How much revenue does Midtown Wellness Institute make?
- SeeBITDA estimates Midtown Wellness Institute's annual revenue at about $2.2M (likely between $1.5M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Midtown Wellness Institute worth?
- About $370K, roughly 2× its estimated EBITDA of $185K, typical for a retail trade company its size. Likely range: $195K–$506K.
- How many employees does Midtown Wellness Institute have?
- About 3, as reported on its PPP loan.
- When was Midtown Wellness Institute founded?
- Midtown Wellness Institute has been in business since 2016.