Memorial Heights Nursing Center
How we got $393K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 39 years (since 1987)
From public records and the company's website, not a statement that it's for sale.
What they do
Heartway Corporation is a nonprofit 501(c)(3) operating skilled-nursing and rehabilitation communities across Oklahoma, including Memorial Heights in Idabel. The page describes it as a family of care communities offering 24/7 skilled nursing, rehabilitation, long-term care, and respite and memory care.
From the company's website. Industry: Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Memorial Heights Nursing Center this business | $2.3M | — |
| Colonial Lodge Senior Living Idabel | $2.3M | 0.0 mi |
| Sun Health Care Idabel | $2.3M | 1.2 mi |
| Alpaca Ranch Retirement Center Broken Bow | $2.3M | 9.3 mi |
| BURGESS FAMILY HEALTHCARE Valliant · 7 employees | $393K | 17.0 mi |
| Hugo Health and Rehabilitation Hugo | $2.3M | 39.1 mi |
| Kindred at Home Hugo | $4.5M | 40.4 mi |
The full calculation
| Estimated value = EBITDA × typical sale multiple | $393K |
| Multiple for this size and industry | 2.5× |
| Value range | $152K – $775K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.
| Revenue range | $1.1M – $3.7M |
| EBITDA range | $76K – $258K |
| Industry (NAICS) | Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Heartway began in 1987 with a single Oklahoma nursing home and a simple conviction: that our neighbors deserved to grow older with dignity, comfort and care — without leaving the towns and people they loved.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Memorial Heights Nursing Center
Memorial Heights Nursing Center is a continuing care retirement communities and assisted living facilities for the elderly company in Idabel, Oklahoma, in business since 1987. Its estimated annual revenue is about $2.3M, with roughly $157K of EBITDA. Its estimated business value is $393K (likely range $152K–$775K).
Common questions
- Who owns Memorial Heights Nursing Center?
- The owner of Memorial Heights Nursing Center 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 Memorial Heights Nursing Center make?
- SeeBITDA estimates Memorial Heights Nursing Center's annual revenue at about $2.3M (likely between $1.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Memorial Heights Nursing Center worth?
- About $393K, roughly 2.5× its estimated EBITDA of $157K, typical for a continuing care retirement communities and assisted living facilities for the elderly company its size. Likely range: $152K–$775K.
- When was Memorial Heights Nursing Center founded?
- Memorial Heights Nursing Center has been in business since 1987.