Southwestern Lanes LLC
How we got $163K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Southwestern Lanes is a family-owned 8-lane bowling center in Weatherford, OK, offering bowling, arcade games and snacks for families and friends. The owners are also offering the business for sale.
From the company's website. Industry: Bowling centers.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOUTHWESTERN LANES LLC this business | $299K | — |
| Full Armor Fitness Weatherford | $793K | 0.1 mi |
| FIT FACTORY ELITE Weatherford · 15 employees | $684K | 0.1 mi |
| Power Dance Company Weatherford | $1.6M | 0.1 mi |
| IFS Weatherford | $793K | 0.1 mi |
| POWERHOUSE CHEER AND TUMBLING Weatherford · 2 employees | $254K | 0.1 mi |
| Hotworx Weatherford | $793K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $341K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $202K |
| Estimate: the two combined (geometric mean) | $299K |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $71K |
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 | $163K |
| Multiple for this size and industry | 2.3× |
| Value range | $86K – $222K |
| Revenue range | $197K – $341K |
| EBITDA range | $46K – $81K |
| 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
- BankingBank of Western OklahomaPPP / 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
| Bank of Western Oklahoma PPP 2020, PPP 2021 | All 200 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 | $7K | 4 |
| 2/6/2021 | second | $7K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Southwestern Lanes LLC
Southwestern Lanes LLC is a bowling centers company in Weatherford, Oklahoma, in business since 2012. It is owned by Jerry & Renee' Lee. Its estimated annual revenue is about $299K, with roughly $71K of EBITDA. It has about 5 employees. Its estimated business value is $163K (likely range $86K–$222K).
Common questions
- Who owns Southwestern Lanes LLC?
- Southwestern Lanes LLC is owned by Jerry & Renee' Lee, according to public sources such as the company's website or filings.
- How much revenue does Southwestern Lanes LLC make?
- SeeBITDA estimates Southwestern Lanes LLC's annual revenue at about $299K (likely between $197K and $341K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southwestern Lanes LLC worth?
- About $163K, roughly 2.3× its estimated EBITDA of $71K, typical for a bowling centers company its size. Likely range: $86K–$222K.
- How many employees does Southwestern Lanes LLC have?
- About 5, as reported on its PPP loan.
- When was Southwestern Lanes LLC founded?
- Southwestern Lanes LLC has been in business since 2012.