Spa Southern Hills Inc
How we got $683K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 22 years (since 2004)
- Founder still runs it after 22 years
From public records and the company's website, not a statement that it's for sale.
What they do
Spa Southern Hills is a wellness spa in Tulsa, Oklahoma, offering massage, hydrotherapy, and scalp and body treatments with packages for individuals and couples.
From the company's website. Industry: Hair & beauty salons.
Estimated value over time
▲ 27% 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 |
|---|---|---|
| SPA SOUTHERN HILLS INC this business | $1.3M | — |
| Maven Salons Tulsa | $440K | 0.1 mi |
| The Ct Nail Lounge Tulsa | $440K | 0.1 mi |
| Steven Bierbaum An Independent Stylist Tulsa | $440K | 0.1 mi |
| CHARLES M Tulsa · 3 employees | $455K | 0.2 mi |
| Compassionate Certification Consultant's Tulsa | $440K | 0.2 mi |
| Smile Recreation Massage Parlor Tulsa | $440K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $918K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $263K |
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 | $683K |
| Multiple for this size and industry | 2.6× |
| Value range | $359K – $934K |
| Revenue range | $879K – $1.5M |
| EBITDA range | $173K – $299K |
| Industry (NAICS) | Other Personal Care Services (812199) |
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
- BankingChickasaw Community 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
| Chickasaw Community Bank PPP 2020, PPP 2021 | All 317 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $56K | 8 |
| 1/16/2021 | second | $56K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spa Southern Hills Inc
Spa Southern Hills Inc is a hair & beauty salons company in Tulsa, Oklahoma, in business since 2004. It is owned by Lisa Jayne (Founder). Its estimated annual revenue is about $1.3M, with roughly $263K of EBITDA. It has about 8 employees. Its estimated business value is $683K (likely range $359K–$934K).
Common questions
- Who owns Spa Southern Hills Inc?
- Spa Southern Hills Inc is owned by Lisa Jayne (Founder), according to public sources such as the company's website or filings.
- How much revenue does Spa Southern Hills Inc make?
- SeeBITDA estimates Spa Southern Hills Inc's annual revenue at about $1.3M (likely between $879K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spa Southern Hills Inc worth?
- About $683K, roughly 2.6× its estimated EBITDA of $263K, typical for a hair & beauty salons company its size. Likely range: $359K–$934K.
- How many employees does Spa Southern Hills Inc have?
- About 8, as reported on its PPP loan.
- When was Spa Southern Hills Inc founded?
- Spa Southern Hills Inc has been in business since 2004.