Lake Time Business 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
Lake Time Business Center offers office space for lease and an event center for rent in Grove, OK. It serves businesses and community members needing workspace or event and meeting facilities.
From the company's website. Industry: Other support services.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Lake Time Business Center this business | $1.1M | — |
| Grand Bounce Jumpstation & Rentals Grove | $1.1M | 3.4 mi |
| The Legacy Event Center Grove | $1.1M | 3.6 mi |
| The Layk Schoolhouse Afton | $1.1M | 3.8 mi |
| Williams Riverside Fairland | $1.1M | 7.0 mi |
| Audrey's Wedding Chapel Fairland | $1.1M | 7.3 mi |
| Timbered-in Catering Grove | $1.1M | 8.5 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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lake Time Business Center
Lake Time Business Center is an other support services company in Grove, Oklahoma, in business since 2022. It is owned by Derrick Brown. 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 Lake Time Business Center?
- Lake Time Business Center is owned by Derrick Brown, according to public sources such as the company's website or filings.
- How much revenue does Lake Time Business Center make?
- SeeBITDA estimates Lake Time Business 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 Lake Time Business 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 Lake Time Business Center founded?
- Lake Time Business Center has been in business since 2022.