Select Fitness, LLC
How we got $156K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Select Fitness & Tanning is a locally owned 24/7 gym in downtown Jenks, OK, offering month-to-month memberships with no contracts or enrollment fees. It also offers personal training and tanning.
From the company's website. Industry: Gyms & fitness.
Estimated value over time
▲ 23% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SELECT FITNESS, LLC this business | $287K | — |
| Next Level Extreme Fitness - Jenks Jenks | $793K | 0.0 mi |
| Jenks Martial Arts Academy Jenks | $793K | 0.0 mi |
| Total90 Futbol Academy Jenks | $793K | 0.0 mi |
| Champagne Posse Jenks | $793K | 0.1 mi |
| BIOCHARGED Pure Pilates of Jenks Jenks | $793K | 0.4 mi |
| CrossFit Kids Jenks Jenks | $793K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $215K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $295K |
| Estimate: the two combined (geometric mean) | $287K |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $68K |
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 | $156K |
| Multiple for this size and industry | 2.3× |
| Value range | $82K – $213K |
| Revenue range | $189K – $327K |
| EBITDA range | $45K – $77K |
| Industry (NAICS) | Fitness and Recreational Sports Centers (713940) |
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
People & 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 |
|---|---|---|---|
| 4/29/2020 | first | $10K | 2 |
| 3/27/2021 | second | $10K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Select Fitness, LLC
Select Fitness, LLC is a gyms & fitness company in Jenks, Oklahoma, in business since 2008. It is owned by Jason Parkinson. Its estimated annual revenue is about $287K, with roughly $68K of EBITDA. It has about 2 employees. Its estimated business value is $156K (likely range $82K–$213K).
Common questions
- Who owns Select Fitness, LLC?
- Select Fitness, LLC is owned by Jason Parkinson, according to public sources such as the company's website or filings.
- How much revenue does Select Fitness, LLC make?
- SeeBITDA estimates Select Fitness, LLC's annual revenue at about $287K (likely between $189K and $327K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Select Fitness, LLC worth?
- About $156K, roughly 2.3× its estimated EBITDA of $68K, typical for a gyms & fitness company its size. Likely range: $82K–$213K.
- How many employees does Select Fitness, LLC have?
- About 2, as reported on its PPP loan.
- When was Select Fitness, LLC founded?
- Select Fitness, LLC has been in business since 2008.