SeeBITDAOklahoma

Fred Remmers Rug Cleaners & Oriental Rug Gallery

Estimated valueLow confidence
$279K
$74Klikely range$470K
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$935K
a year
Profit (EBITDA)
$121K
13% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $279K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical commercial cleaning & janitorial business in Oklahoma$935K
Revenue$935K
× 13% profit margin$121K
× 2.3 sale multiple = value$279K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 15 years (since 2011)

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

What they do

Fred Remmers Rug Gallery sells hand-picked antique and new rugs online with free US shipping, and also offers rug cleaning and repair. It has galleries in Memphis, TN and the Oklahoma City area.

Products & services
Antique rugsNew rugsRunnersRug padsRug cleaning & repair
Service area
Memphis, TNOklahoma City areacontiguous United States

From the company's website. Industry: Commercial cleaning & janitorial.

Customers & suppliers

Suppliers & brands

  • India · brand it sells or installs
  • Pakistan · brand it sells or installs
  • Turkey · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Fred Remmers Rug Cleaners & Oriental Rug Gallery
this business
$935K$121K—
SHINE OF OKC METRO LLC
Bethany · 3 employees
$651K$99K0.1 mi
HSPRAYING & PEST SOLUTIONS
Bethany · 6 employees
$1.1M$147K0.1 mi
Frausto's Landscaping
Bethany
$935K$121K0.4 mi
ANGELIA EVANS
Oklahoma City · 5 employees
$848K$110K0.6 mi
TOTAL CONTROL LANDSCAPE AND LAWN LLC
Oklahoma City · 19 employees
$3.7M$395K0.6 mi
Complete Lawn Worx
Bethany
$935K$121K0.6 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$279K
Multiple for this size and industry2.3×
Value range$74K – $470K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Janitorial Services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.

Revenue range$311K – $1.3M
EBITDA range$40K – $170K
Industry (NAICS)Janitorial Services (561720)

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 Fred Remmers Rug Cleaners & Oriental Rug Gallery

Fred Remmers Rug Cleaners & Oriental Rug Gallery is a commercial cleaning & janitorial company in Bethany, Oklahoma, in business since 2011. Its estimated annual revenue is about $935K, with roughly $121K of EBITDA. Its estimated business value is $279K (likely range $74K–$470K).

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 $935K (likely between $311K and $1.3M), 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 $279K, roughly 2.3× its estimated EBITDA of $121K, typical for a commercial cleaning & janitorial company its size. Likely range: $74K–$470K.
When was Fred Remmers Rug Cleaners & Oriental Rug Gallery founded?
Fred Remmers Rug Cleaners & Oriental Rug Gallery has been in business since 2011.