Cindy's Alterations, Inc.
How we got $252K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 38% 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 |
|---|---|---|
| CINDY'S ALTERATIONS, INC. this business | $730K | — |
| MONROY'S TAILOR SHOP INC Tulsa · 2 employees | $398K | 0.5 mi |
| DAVID BRINGAZE Tulsa · 7 employees | $1.6M | 2.3 mi |
| FINISHED EDGE LLC Tulsa · 6 employees | $970K | 2.6 mi |
| LAWNOVATIONS, INC Tulsa · 15 employees | $3.9M | 3.1 mi |
| HAC 2, LLC Tulsa · 8 employees | $1.7M | 4.0 mi |
| PATRICK'S AUTO REPAIR Tulsa · 1 employees | $177K | 4.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $382K |
| Estimate: the two combined (geometric mean) | $730K |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $101K |
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 | $252K |
| Multiple for this size and industry | 2.5× |
| Value range | $132K – $344K |
| Revenue range | $480K – $832K |
| EBITDA range | $66K – $115K |
| Industry (NAICS) | Other Personal and Household Goods Repair and Maintenance (811490) |
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. 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
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $13K | 6 |
| 2/5/2021 | second | $11K | 3 |
About Cindy's Alterations, Inc.
Cindy's Alterations, Inc. is an other personal and household goods repair and maintenance company in Tulsa, Oklahoma. Its estimated annual revenue is about $730K, with roughly $101K of EBITDA. It has about 6 employees. Its estimated business value is $252K (likely range $132K–$344K).
Common questions
- Who owns Cindy's Alterations, Inc.?
- The owner of Cindy's Alterations, 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 Cindy's Alterations, Inc. make?
- SeeBITDA estimates Cindy's Alterations, Inc.'s annual revenue at about $730K (likely between $480K and $832K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cindy's Alterations, Inc. worth?
- About $252K, roughly 2.5× its estimated EBITDA of $101K, typical for a other personal and household goods repair and maintenance company its size. Likely range: $132K–$344K.
- How many employees does Cindy's Alterations, Inc. have?
- About 6, as reported on its PPP loan.