The Lakes
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 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
The Lakes is a skilled nursing and long-term care facility in Oklahoma City, part of the Phoenix Healthcare Community, offering recovery care after hospitalization and care for seniors who can no longer stay at home.
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 |
|---|---|---|
| The Lakes this business | $2.3M | — |
| St. Ann's Skilled Nursing & Therapy Oklahoma City | $2.3M | 1.5 mi |
| St Anns Home Oklahoma City | $2.3M | 1.5 mi |
| ODEN COUNSELING, PLLC Oklahoma City · 1 employees | $138K | 1.6 mi |
| HERITAGE POINT SENIOR LIVING, LLC Oklahoma City · 46 employees | $3.9M | 1.8 mi |
| Concordia Life Plan Community Oklahoma City | $216K | 1.8 mi |
| Superbia Retirement Village Oklahoma City | $2.3M | 1.9 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
“The Lakes began providing exceptional Skilled Nursing/Therapy and Long Term Care, to the residents of Oklahoma City, in 1997.”
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 The Lakes
The Lakes is a continuing care retirement communities and assisted living facilities for the elderly company in Oklahoma City, Oklahoma, in business since 1997. 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 The Lakes?
- The owner of The Lakes 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 The Lakes make?
- SeeBITDA estimates The Lakes'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 The Lakes 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 The Lakes founded?
- The Lakes has been in business since 1997.