Pike Evolution
How we got $431K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
PIKE Evolution is a fitness studio in Edmond, OK that offers Lagree method workout classes on Megaformer equipment. It aims to motivate individuals and build a community around fitness goals.
From the company's website. Industry: Other Amusement and Recreation Industries.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Pike Evolution this business | $793K | — |
| Bloom Fitness Edmond | $793K | 0.1 mi |
| RACHEL LAWRENCE MOR Edmond · 1 employees | $127K | 0.2 mi |
| Ballroom on Broadway Edmond | $793K | 0.2 mi |
| BLOCWORKS LLC Edmond · 10 employees | $583K | 0.3 mi |
| US Shopping Edmond | $793K | 0.3 mi |
| 3rd Street Yoga Edmond | $793K | 0.3 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 | $247K – $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 Pike Evolution
Pike Evolution is an other amusement and recreation industries company in Edmond, Oklahoma, in business since 2023. It is owned by Devin Hoffman (Co-owner). 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 Pike Evolution?
- Pike Evolution is owned by Devin Hoffman (Co-owner), according to public sources such as the company's website or filings.
- How much revenue does Pike Evolution make?
- SeeBITDA estimates Pike Evolution's annual revenue at about $793K (likely between $247K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pike Evolution 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 Pike Evolution founded?
- Pike Evolution has been in business since 2023.