Lapels Dry Cleaning
How we got $323K
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 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Lapels Cleaners operates a dry cleaning and laundry service in Edmond, OK, offering garment care, alterations and pickup and delivery to its community. It uses the GreenEarth non-toxic dry cleaning process.
From the company's website. Industry: Dry cleaners & laundry.
Customers & suppliers
Suppliers & brands
- GreenEarth · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 14 mi · $790.7M
- H.C. EMPLOYEES LLC · Moore, 27 mi · $196.3M
- FUENTES CONCRETE CONSTRUCTION · Edmond, 5 mi · $177.3M
- IDEAL HOMES OF NORMAN, LP · Norman, 34 mi · $163.8M
- TABER BUILT HOMES, LLC · Oklahoma City, 8 mi · $135.0M
- HS-REAL ESTATE INC · Norman, 32 mi · $311.2M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 10 mi · $132.9M
- COATES FIELD SERVICE, INC. · Oklahoma City, 14 mi · $107.7M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 18 mi · $67.0M
- STEVEN B HOMES INC · Oklahoma City, 14 mi · $56.8M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Lapels Dry Cleaning this business | $668K | — |
| Legacy Cleaners & Laundry #3 Edmond | $668K | 3.2 mi |
| HUGHES COMPANY Edmond · 4 employees | $657K | 3.8 mi |
| WASH CYCLE II, INC. Edmond · 5 employees | $476K | 3.8 mi |
| Dry Clean Super Center Edmond | $668K | 4.6 mi |
| SAHI, LLC DRY CLEAN SUPERCENTER Edmond · 12 employees | $1.2M | 4.6 mi |
| Spin Cycle Bundle Wash & Laundry Edmond | $668K | 5.0 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 | $323K |
| Multiple for this size and industry | 2.1× |
| Value range | $126K – $539K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Drycleaning and Laundry Services (except Coin-Operated) businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (23%). Treat these as a rough guide.
| Revenue range | $327K – $929K |
| EBITDA range | $75K – $214K |
| 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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lapels Dry Cleaning
Lapels Dry Cleaning is a dry cleaners & laundry company in Edmond, Oklahoma, in business since 2001. Its estimated annual revenue is about $668K, with roughly $154K of EBITDA. Its estimated business value is $323K (likely range $126K–$539K).
Common questions
- Who owns Lapels Dry Cleaning?
- The owner of Lapels Dry Cleaning 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 Lapels Dry Cleaning make?
- SeeBITDA estimates Lapels Dry Cleaning's annual revenue at about $668K (likely between $327K and $929K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lapels Dry Cleaning worth?
- About $323K, roughly 2.1× its estimated EBITDA of $154K, typical for a dry cleaners & laundry company its size. Likely range: $126K–$539K.
- When was Lapels Dry Cleaning founded?
- Lapels Dry Cleaning has been in business since 2001.