Tip Top Cleaners, Inc.
How we got $2.3M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Tip Top Cleaners offers wet cleaning and alteration services using non-toxic chemicals for customers in Sonoma County, California. It operates a store in Cotati.
From the company's website. Industry: Polish and Other Sanitation Good Manufacturing.
Customers & suppliers
Suppliers & brands
- Miele Professional · brand it sells or installs
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 |
|---|---|---|
| TIP TOP CLEANERS, INC. this business | $4.6M | — |
| BRIKAN SERVICE, LLC Sulphur · 4 employees | $2.5M | 26.1 mi |
| MAGICK TREE Tecumseh · 1 employees | $630K | 36.9 mi |
| GRIME BUSTERS, LLC Shawnee · 3 employees | $1.5M | 42.0 mi |
| SAGE & ELM APOTHECARY Midwest City · 1 employees | $607K | 63.6 mi |
| AUTOMOTIVE MAINTENANCE PRODUCTS LLC Oklahoma City · 4 employees | $2.0M | 65.1 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $4.6M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $598K |
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 | $2.3M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.2M – $3.1M |
| Revenue range | $3.0M – $5.3M |
| EBITDA range | $393K – $682K |
| Industry (NAICS) | Polish and Other Sanitation Good Manufacturing (325612) |
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
“We changed dry cleaning system from perc-cleaning to professional wet cleaning which is known green cleaning from 2010.”
Advisors
- BankingCitizens Bank of AdaPPP / 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
| Citizens Bank of Ada PPP 2020 | All 171 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $36K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tip Top Cleaners, Inc.
Tip Top Cleaners, Inc. is a polish and other sanitation good manufacturing company in Ada, Oklahoma, in business since 2011. Its estimated annual revenue is about $4.6M, with roughly $598K of EBITDA. It has about 10 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.1M).
Common questions
- Who owns Tip Top Cleaners, Inc.?
- The owner of Tip Top Cleaners, 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 Tip Top Cleaners, Inc. make?
- SeeBITDA estimates Tip Top Cleaners, Inc.'s annual revenue at about $4.6M (likely between $3.0M and $5.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tip Top Cleaners, Inc. worth?
- About $2.3M, roughly 3.8× its estimated EBITDA of $598K, typical for a polish and other sanitation good manufacturing company its size. Likely range: $1.2M–$3.1M.
- How many employees does Tip Top Cleaners, Inc. have?
- About 10, as reported on its PPP loan.
- When was Tip Top Cleaners, Inc. founded?
- Tip Top Cleaners, Inc. has been in business since 2011.