Wichita Fitness, LLC
How we got $1.3M
Based on its 42 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 |
|---|---|---|
| WICHITA FITNESS, LLC this business | $2.6M | — |
| Vertical Limit Fitness Jenks | $793K | 0.1 mi |
| 10GYM Jenks Jenks | $793K | 0.1 mi |
| Rally Fitness Jenks | $793K | 0.2 mi |
| Frontier Justice Jenks | $793K | 0.2 mi |
| Scheels Sports Complex Jenks Jenks | $460K | 0.7 mi |
| Jenks Dance Academy Jenks | $793K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $475K |
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 | $1.3M |
| Multiple for this size and industry | 2.7× |
| Value range | $675K – $1.8M |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $313K – $542K |
| 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
- BankingReadycap Lending, LLC, Security State Bank of 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 Roles are as stated there and may be out of date.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
| Readycap Lending, LLC PPP 2020 | All 134 borrowers → |
| Security State Bank of Oklahoma PPP 2020, PPP 2021 | All 154 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $45K | 12 |
| 4/13/2020 | first | $50K | 12 |
| 4/29/2020 | first | $91K | 41 |
| 4/29/2020 | first | $104K | 24 |
| 2/7/2021 | second | $50K | 12 |
| 2/26/2021 | second | $104K | 24 |
| 2/26/2021 | second | $106K | 42 |
| 2/27/2021 | second | $45K | 12 |
About Wichita Fitness, LLC
Wichita Fitness, LLC is a gyms & fitness company in Jenks, Oklahoma. Its estimated annual revenue is about $2.6M, with roughly $475K of EBITDA. It has about 42 employees. Its estimated business value is $1.3M (likely range $675K–$1.8M).
Common questions
- Who owns Wichita Fitness, LLC?
- The owner of Wichita Fitness, LLC 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 Wichita Fitness, LLC make?
- SeeBITDA estimates Wichita Fitness, LLC's annual revenue at about $2.6M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wichita Fitness, LLC worth?
- About $1.3M, roughly 2.7× its estimated EBITDA of $475K, typical for a gyms & fitness company its size. Likely range: $675K–$1.8M.
- How many employees does Wichita Fitness, LLC have?
- About 42, as reported on its PPP loan.