Sip, Boba & Desserts LLC
How we got $286K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Sip Boba Desserts is a boba and dessert shop in Oklahoma City, founded on community, conversation, and good vibes, bringing its sweet tea and bubbles to the community.
From the company's website. Industry: Restaurants.
Estimated value over time
▲ 26% 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 |
|---|---|---|
| SIP, BOBA & DESSERTS LLC this business | $1.6M | — |
| THE CRAWFISH POT INC Oklahoma City · 20 employees | $1.6M | 0.0 mi |
| Papa Johns Oklahoma City | $1.7M | 0.1 mi |
| Anna's Gyros Oklahoma City | $1.7M | 0.1 mi |
| Pier 88 Boiling Seafood & Bar OKC Oklahoma City | $1.7M | 0.1 mi |
| Old Chicago Oklahoma City | $1.7M | 0.1 mi |
| Pioneer Pies Restaurant and Bakery Oklahoma City | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $991K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $159K |
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 | $286K |
| Multiple for this size and industry | 1.8× |
| Value range | $151K – $392K |
| Revenue range | $1.1M – $1.8M |
| EBITDA range | $105K – $181K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/19/2020 | first | $75K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sip, Boba & Desserts LLC
Sip, Boba & Desserts LLC is a restaurants company in Oklahoma City, Oklahoma, in business since 2020. Its estimated annual revenue is about $1.6M, with roughly $159K of EBITDA. It has about 11 employees. Its estimated business value is $286K (likely range $151K–$392K).
Common questions
- Who owns Sip, Boba & Desserts LLC?
- The owner of Sip, Boba & Desserts 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 Sip, Boba & Desserts LLC make?
- SeeBITDA estimates Sip, Boba & Desserts LLC's annual revenue at about $1.6M (likely between $1.1M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sip, Boba & Desserts LLC worth?
- About $286K, roughly 1.8× its estimated EBITDA of $159K, typical for a restaurants company its size. Likely range: $151K–$392K.
- How many employees does Sip, Boba & Desserts LLC have?
- About 11, as reported on its PPP loan.
- When was Sip, Boba & Desserts LLC founded?
- Sip, Boba & Desserts LLC has been in business since 2020.