Ultimate Carwashes, Inc.
How we got $507K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 50% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ULTIMATE CARWASHES, INC. this business | $1.1M | — |
| WELDON'S AUTO CENTER, INC. Ada · 4 employees | $1.1M | 1.4 mi |
| North End Auto LLC. Ada | $1.4M | 1.4 mi |
| Muck's Automotive Ada | $1.4M | 1.8 mi |
| Double-D Automotive Ada | $1.4M | 1.9 mi |
| Advantage Transmission of Ada, LLC Ada | $1.4M | 1.9 mi |
| Ada Auto Glass Ada | $1.4M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $664K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $153K |
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 | $507K |
| Multiple for this size and industry | 3.3× |
| Value range | $267K – $693K |
| Revenue range | $732K – $1.3M |
| EBITDA range | $101K – $175K |
| Industry (NAICS) | Car Washes (811192) |
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
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 6/22/2020 | first | $41K | 4 |
About Ultimate Carwashes, Inc.
Ultimate Carwashes, Inc. is a car wash company in Ada, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $153K of EBITDA. It has about 4 employees. Its estimated business value is $507K (likely range $267K–$693K).
Common questions
- Who owns Ultimate Carwashes, Inc.?
- The owner of Ultimate Carwashes, 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 Ultimate Carwashes, Inc. make?
- SeeBITDA estimates Ultimate Carwashes, Inc.'s annual revenue at about $1.1M (likely between $732K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ultimate Carwashes, Inc. worth?
- About $507K, roughly 3.3× its estimated EBITDA of $153K, typical for a car wash company its size. Likely range: $267K–$693K.
- How many employees does Ultimate Carwashes, Inc. have?
- About 4, as reported on its PPP loan.