Clinton Laundry & Cleaners, Inc.
How we got $5.2M
Based on its 62 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CLINTON LAUNDRY & CLEANERS, INC. this business | $8.5M | — |
| CTC Clinton | $676K | 0.0 mi |
| Diamond Wash Laundromat Clinton | $676K | 0.1 mi |
| Laundry World Clinton | $676K | 0.7 mi |
| The Towne Laundry Weatherford | $676K | 14.6 mi |
| Myers Laundry & Cleaners Weatherford | $676K | 14.6 mi |
| Maytag Highlander Laundry Weatherford | $676K | 14.6 mi |
The full calculation
| Employees reported to the SBA | 62 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.6M |
| Estimate: the two combined (geometric mean) | $8.5M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.2M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.8M – $7.2M |
| Revenue range | $5.6M – $9.7M |
| EBITDA range | $906K – $1.6M |
| 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
History & advisors
Advisors
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $440K | 62 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Clinton Laundry & Cleaners, Inc.
Clinton Laundry & Cleaners, Inc. is a dry cleaners & laundry company in Clinton, Oklahoma. It is owned by Dave Felch (President). Its estimated annual revenue is about $8.5M, with roughly $1.4M of EBITDA. It has about 62 employees. Its estimated business value is $5.2M (likely range $2.8M–$7.2M).
Common questions
- Who owns Clinton Laundry & Cleaners, Inc.?
- Clinton Laundry & Cleaners, Inc. is owned by Dave Felch (President), according to public sources such as the company's website or filings.
- How much revenue does Clinton Laundry & Cleaners, Inc. make?
- SeeBITDA estimates Clinton Laundry & Cleaners, Inc.'s annual revenue at about $8.5M (likely between $5.6M and $9.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Clinton Laundry & Cleaners, Inc. worth?
- About $5.2M, roughly 3.8× its estimated EBITDA of $1.4M, typical for a dry cleaners & laundry company its size. Likely range: $2.8M–$7.2M.
- How many employees does Clinton Laundry & Cleaners, Inc. have?
- About 62, as reported on its PPP loan.