Workit Coworking Center
How we got $367K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
WorkIT Coworking Center is a coworking space in downtown Stillwater, Oklahoma, offering flexible workspace and community for freelancers, micro businesses, entrepreneurs, creatives, and remote workers.
From the company's website. Industry: Other support services.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Workit Coworking Center this business | $1.1M | — |
| The Happy Place Stillwater | $1.1M | 0.0 mi |
| Stilly Axe Pit Stillwater | $1.1M | 0.1 mi |
| PartyBox Stillwater | $1.1M | 0.2 mi |
| Backstage Stillwater Stillwater | $1.1M | 0.2 mi |
| Keystone Food Service Stillwater | $1.1M | 0.3 mi |
| Garden Party Event Rentals Stillwater | $1.1M | 0.4 mi |
The full calculation
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 | $367K |
| Multiple for this size and industry | 2.5× |
| Value range | $115K – $631K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Other support services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $444K – $1.6M |
| EBITDA range | $58K – $210K |
| Industry (NAICS) | Other support services (5619) |
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
History & advisors
Advisors
- BankingArvest BankPPP / 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 Roles are as stated there and may be out of date.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
| Arvest Bank 7(a) 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
Public records
| Sep 2020 | 7(a) | $225K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Workit Coworking Center
Workit Coworking Center is an other support services company in Stillwater, Oklahoma, in business since 2017. Its estimated annual revenue is about $1.1M, with roughly $147K of EBITDA. Its estimated business value is $367K (likely range $115K–$631K).
Common questions
- Who owns Workit Coworking Center?
- The owner of Workit Coworking 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 Workit Coworking Center make?
- SeeBITDA estimates Workit Coworking Center's annual revenue at about $1.1M (likely between $444K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Workit Coworking Center worth?
- About $367K, roughly 2.5× its estimated EBITDA of $147K, typical for a other support services company its size. Likely range: $115K–$631K.
- When was Workit Coworking Center founded?
- Workit Coworking Center has been in business since 2017.