Skates 2 U Inc
How we got $110K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| SKATES 2 U INC this business | $202K | — |
| Non-Typical Strength LLC Fairview | $793K | 4.5 mi |
| Life Fitness Center Fairview | $793K | 4.6 mi |
| GB'S GRILL AND LOUNGE LLC Fairview · 13 employees | $817K | 5.0 mi |
| Legacy Golf Course Longdale | $793K | 6.2 mi |
| Longdale Community Gym Longdale | $793K | 7.2 mi |
| Longdale Speedway Longdale OK Longdale | $793K | 8.0 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) | $146K |
| Estimate: the two combined (geometric mean) | $202K |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $48K |
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 | $110K |
| Multiple for this size and industry | 2.3× |
| Value range | $58K – $150K |
| Revenue range | $133K – $230K |
| EBITDA range | $31K – $54K |
| 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
- BankingValliance 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 Roles are as stated there and may be out of date.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
| Valliance Bank PPP 2020, PPP 2021 | All 439 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $5K | 2 |
| 1/29/2021 | second | $6K | 2 |
About Skates 2 U Inc
Skates 2 U Inc is a gyms & fitness company in Fairview, Oklahoma. Its estimated annual revenue is about $202K, with roughly $48K of EBITDA. It has about 2 employees. Its estimated business value is $110K (likely range $58K–$150K).
Common questions
- Who owns Skates 2 U Inc?
- The owner of Skates 2 U 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 Skates 2 U Inc make?
- SeeBITDA estimates Skates 2 U Inc's annual revenue at about $202K (likely between $133K and $230K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Skates 2 U Inc worth?
- About $110K, roughly 2.3× its estimated EBITDA of $48K, typical for a gyms & fitness company its size. Likely range: $58K–$150K.
- How many employees does Skates 2 U Inc have?
- About 2, as reported on its PPP loan.