Twenty-Eight Line Inc.
How we got $1.0M
Based on its 21 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 18% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TWENTY-EIGHT LINE INC. this business | $2.1M | — |
| GRAND RAPIDS INDOOR SOCCER INC Oklahoma City · 11 employees | $749K | 0.1 mi |
| SOUTH BEND INDOOR SOCCER INC Oklahoma City · 5 employees | $473K | 0.1 mi |
| TEN LINE INC Oklahoma City · 9 employees | $703K | 0.4 mi |
| GRAND BLANC INDOOR SOCCER INC Oklahoma City · 10 employees | $739K | 0.4 mi |
| SOCCER WALL2WALL INC Oklahoma City · 11 employees | $1.1M | 0.5 mi |
| TWENTY-FIVE LINE INC Oklahoma City · 15 employees | $1.1M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $386K |
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 | $1.0M |
| Multiple for this size and industry | 2.7× |
| Value range | $549K – $1.4M |
| Revenue range | $1.4M – $2.4M |
| EBITDA range | $254K – $440K |
| Industry (NAICS) | Fitness and Recreational Sports Centers (713940) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/19/2021 | second | $43K | 15 |
| 2/2/2021 | second | $138K | 21 |
About Twenty-Eight Line Inc.
Twenty-Eight Line Inc. is a gyms & fitness company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.1M, with roughly $386K of EBITDA. It has about 21 employees. Its estimated business value is $1.0M (likely range $549K–$1.4M).
Common questions
- Who owns Twenty-Eight Line Inc.?
- The owner of Twenty-Eight Line 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 Twenty-Eight Line Inc. make?
- SeeBITDA estimates Twenty-Eight Line Inc.'s annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Twenty-Eight Line Inc. worth?
- About $1.0M, roughly 2.7× its estimated EBITDA of $386K, typical for a gyms & fitness company its size. Likely range: $549K–$1.4M.
- How many employees does Twenty-Eight Line Inc. have?
- About 21, as reported on its PPP loan.