The Heartbeat Dance and Exercise Studio Inc
How we got $434K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Heartbeat Dance Studio is a dance and exercise studio in Duncan, OK. The page text provided does not describe its classes in detail.
From the company's website. Industry: Fine Arts Schools.
Estimated value over time
▲ 36% 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 |
|---|---|---|
| THE HEARTBEAT DANCE AND EXERCISE STUDIO INC this business | $803K | — |
| POWERHOUSE ACADEMY INC. Duncan · 27 employees | $1.9M | 0.3 mi |
| XTREME THUNDER CHEER INC Duncan · 2 employees | $328K | 1.5 mi |
| MARLOW MARTIAL ARTS ACADEMY, LLC Marlow · 2 employees | $283K | 9.6 mi |
| Sylvan Learning Lawton | $681K | 24.8 mi |
| SOUTHSTAR DANCE ACADEMY Lawton · 2 employees | $378K | 25.0 mi |
| THE LEARNING PROJECT LLC Foster · 1 employees | $218K | 25.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $705K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $703K |
| Estimate: the two combined (geometric mean) | $803K |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $167K |
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 | $434K |
| Multiple for this size and industry | 2.6× |
| Value range | $228K – $594K |
| Revenue range | $528K – $915K |
| EBITDA range | $110K – $190K |
| Industry (NAICS) | Fine Arts Schools (611610) |
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
- 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 |
|---|---|---|---|
| 4/9/2020 | first | $22K | 8 |
| 1/29/2021 | second | $26K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About The Heartbeat Dance and Exercise Studio Inc
The Heartbeat Dance and Exercise Studio Inc is a fine arts schools company in Duncan, Oklahoma, in business since 2021. It is owned by Chelsea Shores. Its estimated annual revenue is about $803K, with roughly $167K of EBITDA. It has about 9 employees. Its estimated business value is $434K (likely range $228K–$594K).
Common questions
- Who owns The Heartbeat Dance and Exercise Studio Inc?
- The Heartbeat Dance and Exercise Studio Inc is owned by Chelsea Shores, according to public sources such as the company's website or filings.
- How much revenue does The Heartbeat Dance and Exercise Studio Inc make?
- SeeBITDA estimates The Heartbeat Dance and Exercise Studio Inc's annual revenue at about $803K (likely between $528K and $915K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Heartbeat Dance and Exercise Studio Inc worth?
- About $434K, roughly 2.6× its estimated EBITDA of $167K, typical for a fine arts schools company its size. Likely range: $228K–$594K.
- How many employees does The Heartbeat Dance and Exercise Studio Inc have?
- About 9, as reported on its PPP loan.
- When was The Heartbeat Dance and Exercise Studio Inc founded?
- The Heartbeat Dance and Exercise Studio Inc has been in business since 2021.