M&j Classic Cleaners Inc
How we got $490K
Based on its 13 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 |
|---|---|---|
| M&J CLASSIC CLEANERS INC this business | $1.2M | — |
| ROCKFORD CLEANERS INC Ardmore · 1 employees | $169K | 0.0 mi |
| Val's on the Spot Ardmore | $668K | 0.5 mi |
| Glo's Dry Cleaners and Laundry Ardmore | $668K | 1.7 mi |
| THE LAUNDRY HAMPER, LLC Ardmore · 4 employees | $468K | 2.1 mi |
| TYLER INC Ardmore · 11 employees | $823K | 2.2 mi |
| Tracy's Cleaners Ardmore | $668K | 2.2 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $944K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $233K |
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 | $490K |
| Multiple for this size and industry | 2.1× |
| Value range | $258K – $671K |
| Revenue range | $782K – $1.4M |
| EBITDA range | $154K – $266K |
| 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
“With over 30 years of experience, we pay close attention to your clothes to ensure that grease, lipstick, paint, oil, wax, wine, and other stains are removed for good!”
Advisors
- BankingCitizens Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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
| Citizens Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 181 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 | $56K | 13 |
| 1/20/2021 | second | $56K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About M&j Classic Cleaners Inc
M&j Classic Cleaners Inc is a dry cleaners & laundry company in Ardmore, Oklahoma, in business since 2013. Its estimated annual revenue is about $1.2M, with roughly $233K of EBITDA. It has about 13 employees. Its estimated business value is $490K (likely range $258K–$671K).
Common questions
- Who owns M&j Classic Cleaners Inc?
- The owner of M&j Classic Cleaners 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 M&j Classic Cleaners Inc make?
- SeeBITDA estimates M&j Classic Cleaners Inc's annual revenue at about $1.2M (likely between $782K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is M&j Classic Cleaners Inc worth?
- About $490K, roughly 2.1× its estimated EBITDA of $233K, typical for a dry cleaners & laundry company its size. Likely range: $258K–$671K.
- How many employees does M&j Classic Cleaners Inc have?
- About 13, as reported on its PPP loan.
- When was M&j Classic Cleaners Inc founded?
- M&j Classic Cleaners Inc has been in business since 2013.