Heritage Cleaners LLC
How we got $384K
Based on its 8 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 |
|---|---|---|
| HERITAGE CLEANERS LLC this business | $793K | — |
| Suds Yer Duds Enid | $676K | 0.5 mi |
| C & C DRY CLEANING & IRONING LLC Enid · 10 employees | $1.1M | 0.8 mi |
| Sud's Yer Duds Enid | $676K | 1.2 mi |
| EZ Coin Laundry Enid | $676K | 2.0 mi |
| MR LAUNDRY Perry · 2 employees | $317K | 33.4 mi |
| Maytag Family Laundry Perry | $676K | 33.4 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $657K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $737K |
| Estimate: the two combined (geometric mean) | $793K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $183K |
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 | $384K |
| Multiple for this size and industry | 2.1× |
| Value range | $202K – $525K |
| Revenue range | $522K – $905K |
| EBITDA range | $120K – $208K |
| 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
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $30K | 8 |
| 1/16/2021 | second | $24K | 6 |
About Heritage Cleaners LLC
Heritage Cleaners LLC is a dry cleaners & laundry company in Enid, Oklahoma. Its estimated annual revenue is about $793K, with roughly $183K of EBITDA. It has about 8 employees. Its estimated business value is $384K (likely range $202K–$525K).
Common questions
- Who owns Heritage Cleaners LLC?
- The owner of Heritage Cleaners 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 Heritage Cleaners LLC make?
- SeeBITDA estimates Heritage Cleaners LLC's annual revenue at about $793K (likely between $522K and $905K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heritage Cleaners LLC worth?
- About $384K, roughly 2.1× its estimated EBITDA of $183K, typical for a dry cleaners & laundry company its size. Likely range: $202K–$525K.
- How many employees does Heritage Cleaners LLC have?
- About 8, as reported on its PPP loan.