Apex 392, Inc.
How we got $190K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 5% 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 |
|---|---|---|
| APEX 392, INC. this business | $393K | — |
| Myers Laundry & Cleaners Weatherford | $668K | 0.9 mi |
| Maytag Highlander Laundry Weatherford | $668K | 0.9 mi |
| The Towne Laundry Weatherford | $668K | 0.9 mi |
| CLINTON LAUNDRY & CLEANERS, INC. Clinton · 62 employees | $8.5M | 15.3 mi |
| CTC Clinton | $668K | 15.3 mi |
| Diamond Wash Laundromat Clinton | $668K | 15.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $370K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $321K |
| Estimate: the two combined (geometric mean) | $393K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $90K |
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 | $190K |
| Multiple for this size and industry | 2.1× |
| Value range | $100K – $260K |
| Revenue range | $258K – $448K |
| EBITDA range | $60K – $103K |
| Industry (NAICS) | Drycleaning and Laundry Services (except Coin-Operated) (812320) |
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
People & advisors
Advisors
- BankingFirst National Bank of OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| First National Bank of Oklahoma PPP 2020 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $9K | 3 |
About Apex 392, Inc.
Apex 392, Inc. is a dry cleaners & laundry company in Weatherford, Oklahoma. Its estimated annual revenue is about $393K, with roughly $90K of EBITDA. It has about 3 employees. Its estimated business value is $190K (likely range $100K–$260K).
Common questions
- Who owns Apex 392, Inc.?
- The owner of Apex 392, 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 Apex 392, Inc. make?
- SeeBITDA estimates Apex 392, Inc.'s annual revenue at about $393K (likely between $258K and $448K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Apex 392, Inc. worth?
- About $190K, roughly 2.1× its estimated EBITDA of $90K, typical for a dry cleaners & laundry company its size. Likely range: $100K–$260K.
- How many employees does Apex 392, Inc. have?
- About 3, as reported on its PPP loan.