Fred Remmers Rug Cleaners & Oriental Rug Gallery
How we got $1.2M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 145 years (since 1881)
From public records and the company's website, not a statement that it's for sale.
What they do
Fred Remmers Rug Cleaners offers area rug cleaning and Oriental rug repair in Tulsa, citing a legacy dating back to 1881.
From the company's website. Industry: Building Material and Garden Equipment and Supplies Dealers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Fred Remmers Rug Cleaners & Oriental Rug Gallery this business | $4.2M | — |
| THE BEAUTY SHOP, LLC Tulsa · 16 employees | $8.4M | 0.2 mi |
| BrdyBlu Piercing and Jewelry Boutique Tulsa | $4.2M | 0.2 mi |
| SONYA FERNANDEZ Tulsa · 2 employees | $1.2M | 0.2 mi |
| Mac Collection Boutique Tulsa | $1.7M | 0.2 mi |
| Lululemon Athletica Tulsa | $1.7M | 0.2 mi |
| MOERN COTTAGE LLC Tulsa · 2 employees | $1.2M | 0.2 mi |
The full calculation
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 | $1.2M |
| Multiple for this size and industry | 2.4× |
| Value range | $375K – $2.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Building Material and Garden Equipment and Supplies Dealers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (12%). Treat these as a rough guide.
| Revenue range | $1.6M – $6.0M |
| EBITDA range | $195K – $716K |
| Industry (NAICS) | Building Material and Garden Equipment and Supplies Dealers (444) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“With a legacy dating back to 1881, we have honed our skills and techniques to deliver exceptional results for our clients.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Fred Remmers Rug Cleaners & Oriental Rug Gallery
Fred Remmers Rug Cleaners & Oriental Rug Gallery is a building material and garden equipment and supplies dealers company in Tulsa, Oklahoma, in business since 1881. Its estimated annual revenue is about $4.2M, with roughly $498K of EBITDA. Its estimated business value is $1.2M (likely range $375K–$2.1M).
Common questions
- Who owns Fred Remmers Rug Cleaners & Oriental Rug Gallery?
- The owner of Fred Remmers Rug Cleaners & Oriental Rug Gallery 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 Fred Remmers Rug Cleaners & Oriental Rug Gallery make?
- SeeBITDA estimates Fred Remmers Rug Cleaners & Oriental Rug Gallery's annual revenue at about $4.2M (likely between $1.6M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fred Remmers Rug Cleaners & Oriental Rug Gallery worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $498K, typical for a building material and garden equipment and supplies dealers company its size. Likely range: $375K–$2.1M.
- When was Fred Remmers Rug Cleaners & Oriental Rug Gallery founded?
- Fred Remmers Rug Cleaners & Oriental Rug Gallery has been in business since 1881.