K-1 Inc.
How we got $680K
Based on its 12 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 |
|---|---|---|
| K-1 INC. this business | $1.3M | — |
| Owasso Laundromat Owasso | $668K | 0.0 mi |
| Dry cleaning station owasso Owasso | $668K | 0.9 mi |
| VIREO ENTERPRISES LLC Owasso · 10 employees | $873K | 0.9 mi |
| WATERSTONE DRY CLEANER AND LAUNDRY, LLC Owasso · 23 employees | $4.0M | 1.4 mi |
| OWASSO EXPRESS LAUNDRY, LLC Owasso · 11 employees | $1.1M | 1.4 mi |
| Luckily coin laundrymat Tulsa | $668K | 8.2 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $871K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $262K |
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 | $680K |
| Multiple for this size and industry | 2.6× |
| Value range | $358K – $931K |
| Revenue range | $876K – $1.5M |
| EBITDA range | $172K – $298K |
| 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 Oklahoma 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 Roles are as stated there and may be out of date.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
| First Oklahoma Bank PPP 2020, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $76K | 12 |
| 2/12/2021 | second | $76K | 12 |
About K-1 Inc.
K-1 Inc. is a dry cleaners & laundry company in Owasso, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $262K of EBITDA. It has about 12 employees. Its estimated business value is $680K (likely range $358K–$931K).
Common questions
- Who owns K-1 Inc.?
- The owner of K-1 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 K-1 Inc. make?
- SeeBITDA estimates K-1 Inc.'s annual revenue at about $1.3M (likely between $876K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is K-1 Inc. worth?
- About $680K, roughly 2.6× its estimated EBITDA of $262K, typical for a dry cleaners & laundry company its size. Likely range: $358K–$931K.
- How many employees does K-1 Inc. have?
- About 12, as reported on its PPP loan.