Lapels
How we got $327K
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 offers dry cleaning, pickup and delivery, and garment care services at locations across the U.S. and Canada, using the GreenEarth cleaning process at most locations.
From the company's website. Industry: Dry cleaners & laundry.
Customers & suppliers
Suppliers & brands
- GreenEarth · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Lapels this business | $676K | — |
| BROADWAY CLEANERS LLC Edmond · 10 employees | $974K | 0.1 mi |
| Best Cleaners Edmond | $676K | 1.5 mi |
| PMG ONE, L.C. Edmond · 65 employees | $9.7M | 1.8 mi |
| GREEN CLEAN LLC Edmond · 6 employees | $397K | 2.1 mi |
| Star Cleaners Edmond | $676K | 2.1 mi |
| Simply Tilly Laundry Co Edmond | $676K | 2.4 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 | $327K |
| 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
Lapels is a dry cleaners & laundry company in Oklahoma City, Oklahoma, in business since 2001. Its estimated annual revenue is about $676K, with roughly $156K of EBITDA. Its estimated business value is $327K (likely range $126K–$539K).
Common questions
- Who owns Lapels?
- The owner of Lapels 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 make?
- SeeBITDA estimates Lapels's annual revenue at about $676K (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 worth?
- About $327K, roughly 2.1× its estimated EBITDA of $156K, typical for a dry cleaners & laundry company its size. Likely range: $126K–$539K.
- When was Lapels founded?
- Lapels has been in business since 2001.