Red Apple Sports Center, Inc.
How we got $374K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 31% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
Red Apple Bowling is a family bowling center in Bartlesville, OK with 32 lanes, GameTime Pizza, and a new arcade, serving families, leagues, and private parties.
From the company's website. Industry: Bowling centers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RED APPLE SPORTS CENTER, INC. this business | $807K | — |
| Thunder Martial Arts Bartlesville | $793K | 0.0 mi |
| Pilates Unlimited Bartlesville | $793K | 0.2 mi |
| XTREME FITNESS, LLC Bartlesville · 1 employees | $167K | 0.6 mi |
| Bartlesville Bombers Athletic Training Bartlesville | $793K | 1.1 mi |
| COLAW FITNESS LLC Bartlesville · 95 employees | $5.2M | 1.1 mi |
| HOTWORX Bartlesville | $793K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $613K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $818K |
| Estimate: the two combined (geometric mean) | $807K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $163K |
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 | $374K |
| Multiple for this size and industry | 2.3× |
| Value range | $197K – $512K |
| Revenue range | $531K – $920K |
| EBITDA range | $107K – $185K |
| Industry (NAICS) | Bowling centers (713950) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $28K | 9 |
| 2/6/2021 | second | $28K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Red Apple Sports Center, Inc.
Red Apple Sports Center, Inc. is a bowling centers company in Bartlesville, Oklahoma, in business since 2006. Its estimated annual revenue is about $807K, with roughly $163K of EBITDA. It has about 9 employees. Its estimated business value is $374K (likely range $197K–$512K).
Common questions
- Who owns Red Apple Sports Center, Inc.?
- The owner of Red Apple Sports Center, Inc. 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 Red Apple Sports Center, Inc. make?
- SeeBITDA estimates Red Apple Sports Center, Inc.'s annual revenue at about $807K (likely between $531K and $920K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Apple Sports Center, Inc. worth?
- About $374K, roughly 2.3× its estimated EBITDA of $163K, typical for a bowling centers company its size. Likely range: $197K–$512K.
- How many employees does Red Apple Sports Center, Inc. have?
- About 9, as reported on its PPP loan.
- When was Red Apple Sports Center, Inc. founded?
- Red Apple Sports Center, Inc. has been in business since 2006.