Victory Martial Arts Inc
How we got $376K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 30% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
What they do
Victory Martial Arts is a martial arts school in Elkridge, Maryland offering taekwondo training for kids, adults, and everyone in between. It describes a no-contact environment and offers one-on-one introductory classes.
From the company's website. Industry: Sports and Recreation Instruction.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| VICTORY MARTIAL ARTS INC this business | $694K | — |
| VICTORY MARIAL ARTS, INC. Norman · 5 employees | $546K | 0.0 mi |
| THE LEARNING PROJECT, LLC Norman · 1 employees | $301K | 0.7 mi |
| IMAGINE MUSIC AND ARTS LLC Norman · 2 employees | $325K | 1.3 mi |
| NIPA, INC. Norman · 27 employees | $2.1M | 1.3 mi |
| Bart Conner Gymnastics Academy Norman | $793K | 1.3 mi |
| Continuum Jiu Jitsu Norman | $793K | 1.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $542K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $685K |
| Estimate: the two combined (geometric mean) | $694K |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $144K |
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 | $376K |
| Multiple for this size and industry | 2.6× |
| Value range | $198K – $514K |
| Revenue range | $457K – $792K |
| EBITDA range | $95K – $165K |
| Industry (NAICS) | Sports and Recreation Instruction (611620) |
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
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/28/2021 | second | $17K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Victory Martial Arts Inc
Victory Martial Arts Inc is a sports and recreation instruction company in Norman, Oklahoma, in business since 2014. It is owned by Kurt Shryock. Its estimated annual revenue is about $694K, with roughly $144K of EBITDA. It has about 4 employees. Its estimated business value is $376K (likely range $198K–$514K).
Common questions
- Who owns Victory Martial Arts Inc?
- Victory Martial Arts Inc is owned by Kurt Shryock, according to public sources such as the company's website or filings.
- How much revenue does Victory Martial Arts Inc make?
- SeeBITDA estimates Victory Martial Arts Inc's annual revenue at about $694K (likely between $457K and $792K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Victory Martial Arts Inc worth?
- About $376K, roughly 2.6× its estimated EBITDA of $144K, typical for a sports and recreation instruction company its size. Likely range: $198K–$514K.
- How many employees does Victory Martial Arts Inc have?
- About 4, as reported on its PPP loan.
- When was Victory Martial Arts Inc founded?
- Victory Martial Arts Inc has been in business since 2014.