Elite Laundries, Inc
How we got $229K
Based on its 6 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 |
|---|---|---|
| ELITE LAUNDRIES, INC this business | $473K | — |
| 23rd and Ann Arbor Laundry Oklahoma City | $676K | 0.0 mi |
| Wash Cycle Laundromat Oklahoma City | $1.4M | 0.4 mi |
| Totally Klean Laundry Oklahoma City | $676K | 0.6 mi |
| United Maytag Laundry Bethany | $676K | 1.2 mi |
| 10TH Street Laundry MAT Oklahoma City | $676K | 1.2 mi |
| Abc Cleaners Warr Acres | $676K | 1.2 mi |
Ranges & sources
| Revenue range | $311K – $539K |
| EBITDA range | $72K – $124K |
| Industry (NAICS) | Drycleaning and Laundry Services (except Coin-Operated) (812320) |
| Value range | $120K – $313K |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 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 | $14K | 5 |
| 2/1/2021 | second | $24K | 6 |
About Elite Laundries, Inc
Elite Laundries, Inc is a dry cleaners & laundry company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $473K, with roughly $109K of EBITDA. It has about 6 employees. Its estimated business value is $229K (likely range $120K–$313K).
Common questions
- Who owns Elite Laundries, Inc?
- The owner of Elite Laundries, 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 Elite Laundries, Inc make?
- SeeBITDA estimates Elite Laundries, Inc's annual revenue at about $473K (likely between $311K and $539K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elite Laundries, Inc worth?
- About $229K, roughly 2.1× its estimated EBITDA of $109K, typical for a dry cleaners & laundry company its size. Likely range: $120K–$313K.
- How many employees does Elite Laundries, Inc have?
- About 6, as reported on its PPP loan.