SeeBITDAOklahoma

Mac's Cleaners & Shirt Laundry, Inc

  • 6013 PINE ST, Tulsa, OK
  • 2 locations
  • Since 1952
Estimated valueMedium confidence
$857K
$451Klikely range$1.2M
About 2.6× its yearly profit, typical for a company this size in its industry.
Revenue
$1.4M
a year
Profit (EBITDA)
$330K
23% of revenue
Employees
20
reported in 2020
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $857K

Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.

20 employees × $73K each$1.5M
PPP payroll ÷ payroll's usual share of revenue$1.1M
Shown toward the top of its range×1.14
Revenue$1.4M
× 23% profit margin$330K
× 2.6 sale multiple = value$857K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found
2 locations found

Signs of a sale Some signs of a sale

  • In business 74 years (since 1952)

From public records and the company's website, not a statement that it's for sale.

What they do

Mac's Cleaners & Shirt Laundry, Inc. is a dry cleaner and shirt laundry in Tulsa, OK, in business since 1952, offering dry cleaning, wash and fold laundry, and wedding dress preservation.

Products & services
dry cleaningwash and fold laundrywedding dress preservationalteration and repairwet cleaningdrapery cleaning and finishinghand-finished shirtsfire restoration
Markets served
wedding gowns and formal wear
Service area
Tulsa

From the company's website. Industry: Dry cleaners & laundry.

Estimated value over time

▼ 5% since 2020
$0$518K$1.0M20202026

Today'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

BusinessEst. revenueEst. profitDistance
MAC'S CLEANERS & SHIRT LAUNDRY, INC
this business
$1.4M$330K—
Luckily coin laundrymat
Tulsa
$668K$154K0.2 mi
Airway Laundry
Tulsa
$668K$154K0.8 mi
Admiral Laundry
Tulsa
$668K$154K1.5 mi
Harvard Cleaners
Tulsa
$668K$154K1.7 mi
Highlander Laundromat
Tulsa
$668K$154K1.8 mi
Laundry Depot
Tulsa
$668K$154K2.1 mi

The full calculation

Employees reported to the SBA20
Revenue from headcount (employees × revenue per employee for companies this size)$1.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.1M
Estimate: the two combined (geometric mean)$1.4M
EBITDA margin (industry, adjusted for size)23%
EBITDA = revenue × margin$330K

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$857K
Multiple for this size and industry2.6×
Value range$451K – $1.2M
Revenue range$942K – $1.6M
EBITDA range$217K – $376K
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

Founded 1952
“We are a Tulsa dry cleaners which has been in business since 1952.”

Advisors

  • BankingSpiritBankPPP / 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

SpiritBank
PPP 2020
All 369 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$30K$31K10SpiritBank

2 locations

6013 PINE STTulsaThis listing
6013 E Pine StTulsaView

Revenue, profit and value are for the whole company.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Mac's Cleaners & Shirt Laundry, Inc

Mac's Cleaners & Shirt Laundry, Inc is a dry cleaners & laundry company in Tulsa, Oklahoma, in business since 1952. Its estimated annual revenue is about $1.4M, with roughly $330K of EBITDA. It has about 20 employees. Its estimated business value is $857K (likely range $451K–$1.2M). It has 2 locations.

Common questions

Who owns Mac's Cleaners & Shirt Laundry, Inc?
The owner of Mac's Cleaners & Shirt Laundry, 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 Mac's Cleaners & Shirt Laundry, Inc make?
SeeBITDA estimates Mac's Cleaners & Shirt Laundry, Inc's annual revenue at about $1.4M (likely between $942K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Mac's Cleaners & Shirt Laundry, Inc worth?
About $857K, roughly 2.6× its estimated EBITDA of $330K, typical for a dry cleaners & laundry company its size. Likely range: $451K–$1.2M.
How many employees does Mac's Cleaners & Shirt Laundry, Inc have?
About 20, as reported on its PPP loan.
When was Mac's Cleaners & Shirt Laundry, Inc founded?
Mac's Cleaners & Shirt Laundry, Inc has been in business since 1952.