Shape Fitness LLC
- Carolyn Rose CloudCPT trainer · Company website
- Kevin ShuttCPT trainer · Company website
How we got $1.2M
Based on its 44 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 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Shape Fitness operates family-owned 24/7 health clubs in communities across Oklahoma, offering strength and cardio equipment, group fitness, amenities and memberships to local members.
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 |
|---|---|---|
| SHAPE FITNESS LLC this business | $2.5M | — |
| ANDY COPELAND Oklahoma City · 44 employees | $2.6M | 0.0 mi |
| Carl Albert Gym Midwest City | $793K | 0.4 mi |
| DMC School of Dance and Music Midwest City | $793K | 0.9 mi |
| Hero Martial Arts Midwest City | $793K | 1.1 mi |
| Lake Stanley Draper Mountain Bike Trail Oklahoma City | $793K | 1.1 mi |
| Midwest City Fit Body Boot Camp Midwest City | $793K | 1.3 mi |
The full calculation
| Employees reported to the SBA | 44 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $460K |
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 | $1.2M |
| Multiple for this size and industry | 2.7× |
| Value range | $653K – $1.7M |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $302K – $524K |
| 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
History & advisors
Advisors
- BankingSovereign BankPPP / 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
| Sovereign Bank PPP 2020 | All 304 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $93K | 44 |
10 locations
| 10006 SE 15th St | Oklahoma City | This listing |
| 1756 S 4th St | Chickasha | View |
| 14439 NE 23rd St | Choctaw | View |
| 400 Sunset Dr | El Reno | View |
| 1991 Church Ave | Harrah | View |
| 409 W Broadway Ave | Mcloud | View |
| 706 W Carl Hubbell Blvd | Meeker | View |
| 700 N Eastern Ave | Moore | View |
| 2342 SW 29th St | Oklahoma City | View |
| 620 N Broadway St | Tecumseh | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shape Fitness LLC
Shape Fitness LLC is a family-owned gyms & fitness company in Oklahoma City, Oklahoma, in business since 2002. Its estimated annual revenue is about $2.5M, with roughly $460K of EBITDA. It has about 44 employees. Its estimated business value is $1.2M (likely range $653K–$1.7M). It has 10 locations.
Common questions
- Who owns Shape Fitness LLC?
- The owner of Shape Fitness LLC 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 Shape Fitness LLC make?
- SeeBITDA estimates Shape Fitness LLC's annual revenue at about $2.5M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shape Fitness LLC worth?
- About $1.2M, roughly 2.7× its estimated EBITDA of $460K, typical for a gyms & fitness company its size. Likely range: $653K–$1.7M.
- How many employees does Shape Fitness LLC have?
- About 44, as reported on its PPP loan.
- When was Shape Fitness LLC founded?
- Shape Fitness LLC has been in business since 2002.