Zortman Enterprises, Inc.
How we got $385K
Based on its 8 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 |
|---|---|---|
| ZORTMAN ENTERPRISES, INC. this business | $831K | — |
| EAGLE CREST MINI STORAGE, LLC Warr Acres · 1 employees | $473K | 0.2 mi |
| 24Fit Bethany | $793K | 0.4 mi |
| Diamond Gym Warr Acres | $793K | 0.5 mi |
| Broadhurst Gymnasium - SNU Bethany | $793K | 0.7 mi |
| Bohnstedt House of Martial Arts Bethany | $793K | 0.8 mi |
| Chester's Pool Hall & Grill Oklahoma City | $793K | 1.0 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $569K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $934K |
| Estimate: the two combined (geometric mean) | $831K |
| EBITDA margin (industry, adjusted for size) | 20% |
| 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 | $385K |
| Multiple for this size and industry | 2.3× |
| Value range | $203K – $527K |
| Revenue range | $546K – $947K |
| EBITDA range | $110K – $191K |
| 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $37K | 8 |
| 1/21/2021 | second | $40K | 8 |
About Zortman Enterprises, Inc.
Zortman Enterprises, Inc. is a gyms & fitness company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $831K, with roughly $167K of EBITDA. It has about 8 employees. Its estimated business value is $385K (likely range $203K–$527K).
Common questions
- Who owns Zortman Enterprises, Inc.?
- The owner of Zortman Enterprises, Inc. 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 Zortman Enterprises, Inc. make?
- SeeBITDA estimates Zortman Enterprises, Inc.'s annual revenue at about $831K (likely between $546K and $947K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Zortman Enterprises, Inc. worth?
- About $385K, roughly 2.3× its estimated EBITDA of $167K, typical for a gyms & fitness company its size. Likely range: $203K–$527K.
- How many employees does Zortman Enterprises, Inc. have?
- About 8, as reported on its PPP loan.