SeeBITDAOklahoma

Kinrich Structured Rug Studio

Building Material and Garden Equipment and Supplies Dealers
  • 8604 N Classen Blvd, Oklahoma City, OK
  • Since 1970
  • NAICS 444
Estimated valueLow confidence
$1.2M
$362Klikely range$1.9M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.0M
a year
Profit (EBITDA)
$479K
12% of revenue
Employees
—
not reported
Leadership
Ken Richards
Founder; runs the workshop and signed the About page · source · confirmed by 2 sources
High sell likelihood
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $1.2M

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

A typical building material and garden equipment and supplies dealers business in Oklahoma$4.0M
Revenue$4.0M
× 12% profit margin$479K
× 2.4 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale High sell likelihood

  • In business 56 years (since 1970)
  • Founder still runs it after 56 years
  • No family successor named on its website

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

What they do

Kinrich Structured Rug Studio in Oklahoma City, Oklahoma crafts area rugs and custom carpets, and also offers rug binding, serging, stair runners, cleaning, repairs, resizing and rug pads. It says it works with carpet showrooms and interior design studios and offers pickup or delivery.

Products & services
Area rugsCustom carpetsCarpet bindingWide bindingLeather bindingCarpet sergingStair runnersStair runner rodsRug padsCleaningFringe cleaningOriental rug cleaning
Markets served
Interior design studiosCarpet showrooms
Service area
Oklahoma City, Oklahoma

From the company's website. Industry: Building Material and Garden Equipment and Supplies Dealers.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Kinrich Structured Rug Studio
this business
$4.0M$479K—
Studionoir
Oklahoma City
$1.5M$108K0.1 mi
Shutters Unlimited
Oklahoma City
$4.0M$479K0.1 mi
Checkmate Auto Sales
Oklahoma City
$22.5M$987K0.3 mi
PREMIER FENCE SOLUTIONS, INC DBA PREFERRED FENCE SOLUTIONS,
Oklahoma City · 100 employees
$74.4M$6.6M0.3 mi
A-Team Audio Video
Oklahoma City
$3.0M$194K0.3 mi
FX Car Audio & Alarms
Oklahoma City
$2.3M$126K0.3 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 industry2.4×
Value range$362K – $1.9M

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 – $5.7M
EBITDA range$188K – $677K
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

History & advisors

Founded 1970 by Ken Richards
“I decided to branch out on my own, and my wife Debra and I had our first child and not too long after we had our second child.”

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 Kinrich Structured Rug Studio

Kinrich Structured Rug Studio is a building material and garden equipment and supplies dealers company in Oklahoma City, Oklahoma, in business since 1970. It is owned by Ken Richards (Founder; runs the workshop and signed the About page). Its estimated annual revenue is about $4.0M, with roughly $479K of EBITDA. Its estimated business value is $1.2M (likely range $362K–$1.9M).

Common questions

Who owns Kinrich Structured Rug Studio?
Kinrich Structured Rug Studio is owned by Ken Richards (Founder; runs the workshop and signed the About page), according to public sources such as the company's website or filings.
How much revenue does Kinrich Structured Rug Studio make?
SeeBITDA estimates Kinrich Structured Rug Studio's annual revenue at about $4.0M (likely between $1.6M and $5.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Kinrich Structured Rug Studio worth?
About $1.2M, roughly 2.4× its estimated EBITDA of $479K, typical for a building material and garden equipment and supplies dealers company its size. Likely range: $362K–$1.9M.
When was Kinrich Structured Rug Studio founded?
Kinrich Structured Rug Studio has been in business since 1970.
Is Kinrich Structured Rug Studio for sale?
There's no public listing, but it shows signs that often come before a sale: in business 56 years (since 1970); founder still runs it after 56 years; no family successor named on its website.