Tropical Cafe LLC
- Leanna ThompsonSigns company filings · Form 5500 (2025)
How we got $262K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▲ 180% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 10 | $599K |
| 2023 | Form 5500 | 22 | $1.3M |
| 2024 | Form 5500 | 22 | $1.3M |
| 2025 | Form 5500 | 28 | $1.7M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Tropical Smoothie Cafe is a fast casual restaurant chain serving made-to-order smoothies, bowls, wraps, flatbreads and ’dillas, with a location in Edmond, OK.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TROPICAL CAFE LLC this business | $1.3M | — |
| Cafe Icon Sushi and Grill Edmond | $1.7M | 0.0 mi |
| KTKO GROUP KKC Edmond · 16 employees | $1.0M | 0.0 mi |
| Tao Cha Cafe Edmond Edmond | $1.7M | 0.0 mi |
| BULGOGI KOREAN BISTRO LLC Edmond · 3 employees | $407K | 0.0 mi |
| Chicken Salad Chick Edmond | $1.7M | 0.0 mi |
| M2U ENTERPRISES, INC. Edmond · 271 employees | $29.4M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $902K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $145K |
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 | $262K |
| Multiple for this size and industry | 1.8× |
| Value range | $138K – $358K |
| Revenue range | $876K – $1.5M |
| EBITDA range | $96K – $166K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $57K | 10 |
| 1/22/2021 | second | $93K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tropical Cafe LLC
Tropical Cafe LLC is a restaurants company in Edmond, Oklahoma, in business since 2000. Its estimated annual revenue is about $1.3M, with roughly $145K of EBITDA. It has about 28 employees. Its estimated business value is $262K (likely range $138K–$358K).
Common questions
- Who owns Tropical Cafe LLC?
- The owner of Tropical Cafe 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 Tropical Cafe LLC make?
- SeeBITDA estimates Tropical Cafe LLC's annual revenue at about $1.3M (likely between $876K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tropical Cafe LLC worth?
- About $262K, roughly 1.8× its estimated EBITDA of $145K, typical for a restaurants company its size. Likely range: $138K–$358K.
- How many employees does Tropical Cafe LLC have?
- About 28, from its 2025 retirement-plan filing.
- When was Tropical Cafe LLC founded?
- Tropical Cafe LLC has been in business since 2000.