Al's Formal Wear
How we got $1.8M
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 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Al's Formal Wear this business | $6.8M | — |
| Ll Flooring - Store Liquidation Norman | $4.2M | 0.1 mi |
| Parkway Plaza Shopping Center Norman | $4.1M | 0.1 mi |
| SKECHERS Champions Centre Norman | $1.7M | 0.1 mi |
| T-Mobile Norman | $1.5M | 0.1 mi |
| At The Beach Tanning Superstore Norman | $4.6M | 0.1 mi |
| Dollar Tree Norman | $3.0M | 0.1 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 | $1.8M |
| Multiple for this size and industry | 3× |
| Value range | $546K – $2.8M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (9%). Treat these as a rough guide.
| Revenue range | $2.6M – $8.9M |
| EBITDA range | $227K – $768K |
| Industry (NAICS) | Retail Trade (448) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
4 locations
| 590 Ed Noble Pkwy | Norman | This listing |
| 9031 N 121st East Ave Ste 100 | Owasso | View |
| 4020 S Yale Ave | Tulsa | View |
| 7029 S Memorial Dr | Tulsa | View |
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 Al's Formal Wear
Al's Formal Wear is a retail trade company in Norman, Oklahoma, in business since 1996. Its estimated annual revenue is about $6.8M, with roughly $590K of EBITDA. Its estimated business value is $1.8M (likely range $546K–$2.8M). It has 4 locations.
Common questions
- Who owns Al's Formal Wear?
- The owner of Al's Formal Wear 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 Al's Formal Wear make?
- SeeBITDA estimates Al's Formal Wear's annual revenue at about $6.8M (likely between $2.6M and $8.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Al's Formal Wear worth?
- About $1.8M, roughly 3× its estimated EBITDA of $590K, typical for a retail trade company its size. Likely range: $546K–$2.8M.
- When was Al's Formal Wear founded?
- Al's Formal Wear has been in business since 1996.