Let's Play Sports Inc.
How we got $391K
Based on its 10 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 80% 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.
Employees over time
▲ 1220% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 10 | $425K |
| 2020 | Form 5500 | 61 | $2.6M |
| 2021 | Form 5500 | 12 | $510K |
| 2022 | Form 5500 | 45 | $1.9M |
| 2023 | Form 5500 | 40 | $1.7M |
| 2024 | Form 5500 | 157 | $6.7M |
| 2025 | Form 5500 | 132 | $5.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LET'S PLAY SPORTS INC. this business | $719K | — |
| TIMPANOGOS INDOOR SOCCER INC Oklahoma City · 10 employees | $785K | 0.1 mi |
| SIXTEEN LINE INC. Oklahoma City · 12 employees | $874K | 0.2 mi |
| SEVENTEEN LINE INC. Oklahoma City · 7 employees | $509K | 0.2 mi |
| NINE LINE INC Oklahoma City · 8 employees | $895K | 0.2 mi |
| LANSING INDOOR SOCCER INC. Oklahoma City · 10 employees | $784K | 0.3 mi |
| SOCCER WALL2WALL INC Oklahoma City · 11 employees | $1.1M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $626K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $636K |
| Estimate: the two combined (geometric mean) | $719K |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $170K |
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 | $391K |
| Multiple for this size and industry | 2.3× |
| Value range | $206K – $534K |
| Revenue range | $473K – $820K |
| EBITDA range | $112K – $194K |
| 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
- 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 |
|---|---|---|---|
| 1/28/2021 | second | $26K | 10 |
About Let's Play Sports Inc.
Let's Play Sports Inc. is a gyms & fitness company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $719K, with roughly $170K of EBITDA. It has about 132 employees. Its estimated business value is $391K (likely range $206K–$534K).
Common questions
- Who owns Let's Play Sports Inc.?
- The owner of Let's Play Sports 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 Let's Play Sports Inc. make?
- SeeBITDA estimates Let's Play Sports Inc.'s annual revenue at about $719K (likely between $473K and $820K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Let's Play Sports Inc. worth?
- About $391K, roughly 2.3× its estimated EBITDA of $170K, typical for a gyms & fitness company its size. Likely range: $206K–$534K.
- How many employees does Let's Play Sports Inc. have?
- About 132, from its 2025 retirement-plan filing.