Linen King
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 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Employees over time
▲ 6% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 399 | $41.6M |
| 2021 | Form 5500 | 422 | $44.0M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Linen King this business | $668K | — |
| MAXEY WASH LAUNDRY, LLC Oklahoma City · 4 employees | $438K | 1.3 mi |
| Highlight Laundry and Dry Cleaning Midwest City | $668K | 1.4 mi |
| Image Cleaners Midwest City | $668K | 1.5 mi |
| East Reno Laundromat Midwest City | $668K | 1.5 mi |
| The Laundry Room Midwest City | $668K | 2.3 mi |
| Alray's Valet Cleaners & Laundry Midwest City | $668K | 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 | $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 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 – $928K |
| EBITDA range | $75K – $214K |
| Industry (NAICS) | Drycleaning and Laundry Services (8123) |
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
People & advisors
Leadership
- CSCatherine SalleeSigned for the company · 2020 retirement-plan filing (Form 5500)
Advisors
- AccountingHogan Taylor, LLPAudits its 401(k) plan (2021 filing)
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 Linen King
Linen King is a dry cleaners & laundry company in Midwest City, Oklahoma, in business since 1999. Its estimated annual revenue is about $668K, with roughly $154K of EBITDA. It has about 422 employees. Its estimated business value is $323K (likely range $126K–$539K).
Common questions
- Who owns Linen King?
- The owner of Linen King 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 Linen King make?
- SeeBITDA estimates Linen King's annual revenue at about $668K (likely between $327K and $928K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Linen King worth?
- About $323K, roughly 2.1× its estimated EBITDA of $154K, typical for a dry cleaners & laundry company its size. Likely range: $126K–$539K.
- How many employees does Linen King have?
- About 422, from its 2021 retirement-plan filing.
- When was Linen King founded?
- Linen King has been in business since 1999.