Sweat Shop
How we got $431K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Wheat's Gym and Fitness (Sweat Shop) in Lexington, OK offers workout options to help members reach their fitness goals. The page also features owner Greg Wheat's powerlifting background and his NASA powerlifting involvement.
From the company's website. Industry: Other Amusement and Recreation Industries.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Sweat Shop this business | $793K | — |
| Dunn Ranch Training Center Lexington | $793K | 1.1 mi |
| Infinity Dance and Cheer Purcell | $793K | 1.4 mi |
| Salty Dog Athletics Purcell | $793K | 1.5 mi |
| Yoga Oklahoma Purcell | $793K | 1.6 mi |
| The Rock Fitness Purcell | $793K | 1.7 mi |
| Flexwork Gym Purcell | $793K | 1.8 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 | $431K |
| Multiple for this size and industry | 2.3× |
| Value range | $108K – $787K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Other Amusement and Recreation Industries businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (24%). Treat these as a rough guide.
| Revenue range | $248K – $1.2M |
| EBITDA range | $58K – $285K |
| Industry (NAICS) | Other Amusement and Recreation Industries (7139) |
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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sweat Shop
Sweat Shop is an other amusement and recreation industries company in Lexington, Oklahoma, in business since 2021. It is owned by Greg Wheat. Its estimated annual revenue is about $793K, with roughly $187K of EBITDA. Its estimated business value is $431K (likely range $108K–$787K).
Common questions
- Who owns Sweat Shop?
- Sweat Shop is owned by Greg Wheat, according to public sources such as the company's website or filings.
- How much revenue does Sweat Shop make?
- SeeBITDA estimates Sweat Shop's annual revenue at about $793K (likely between $248K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sweat Shop worth?
- About $431K, roughly 2.3× its estimated EBITDA of $187K, typical for a other amusement and recreation industries company its size. Likely range: $108K–$787K.
- When was Sweat Shop founded?
- Sweat Shop has been in business since 2021.