Mind Spa, LLC
How we got $402K
Based on 10 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
What they do
Mind Spa provides personalized mental health services across the life span, beginning as early as age 5, working in partnership with patients and families. It offers outpatient psychiatric services.
From the company's website. Industry: Gyms & fitness.
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 |
|---|---|---|
| MIND SPA, LLC this business | $740K | — |
| PORT CARLOS MARINA LLC Tulsa · 3 employees | $1.1M | 0.3 mi |
| 10GYM Tulsa | $793K | 0.6 mi |
| Health Zone at Saint Francis Tulsa | $793K | 0.7 mi |
| World Jeet Kune Do Tulsa | $793K | 0.7 mi |
| Grandmaster Carter Hargrave Martial Arts Tulsa | $793K | 0.7 mi |
| CASINO NIGHTS LLC Tulsa · 2 employees | $441K | 1.0 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Industry revenue per employee | $42K |
| Revenue = employees × revenue per employee | $740K |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $175K |
| Cross-check: revenue implied by PPP payroll | $2.4M |
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 | $402K |
| Multiple for this size and industry | 2.3× |
| Value range | $190K – $571K |
| Revenue range | $438K – $876K |
| EBITDA range | $103K – $207K |
| Industry (NAICS) | Fitness and Recreational Sports Centers (713940) |
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
People & advisors
Advisors
- BankingBOKF, 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $97K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mind Spa, LLC
Mind Spa, LLC is a gyms & fitness company in Tulsa, Oklahoma, in business since 2013. Its estimated annual revenue is about $740K, with roughly $175K of EBITDA. It has about 10 employees. Its estimated business value is $402K (likely range $190K–$571K).
Common questions
- Who owns Mind Spa, LLC?
- The owner of Mind Spa, 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 Mind Spa, LLC make?
- SeeBITDA estimates Mind Spa, LLC's annual revenue at about $740K (likely between $438K and $876K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mind Spa, LLC worth?
- About $402K, roughly 2.3× its estimated EBITDA of $175K, typical for a gyms & fitness company its size. Likely range: $190K–$571K.
- How many employees does Mind Spa, LLC have?
- About 10, as reported on its PPP loan.
- When was Mind Spa, LLC founded?
- Mind Spa, LLC has been in business since 2013.