Phoenix Cleaners
How we got $955K
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Phoenix Cleaners is a family-owned dry cleaning and laundry business in Tulsa, OK, offering dry cleaning, wash-dry-fold laundry and commercial linen service. It serves individual customers and commercial accounts such as hotels and gyms.
From the company's website. Industry: Dry cleaners & laundry.
Customers & suppliers
Customers
- Hospitality House of Tulsa · named on its website
- Pecan Valley · named on its website
- Station 13 · named on its website
- Union Building PROPS · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- OSAGE NATION GAMING ENTERPRISE · Tulsa, 5 mi · $273.9M
- CIMARRON CASINO ENTERPRISE · Perkins, 60 mi · $82.3M
- 7 CLANS PARADISE CASINO · Red Rock, 66 mi · $41.0M
- OTOE MISSOURIA DEVELOPMENT AUTHORITY · Newkirk, 83 mi · $25.4M
- 7 CLANS FIRST COUNCIL HOTEL · Newkirk, 83 mi · $19.6M
- MARILYN IHLOFF INC · Tulsa, 1 mi · $13.4M
- STYLE PRO'S INC · Bixby, 13 mi · $6.1M
- STYLE PROS INC · Bixby, 13 mi · $6.0M
- FACE APEEL INC · Tulsa, 2 mi · $4.8M
- BERKSHIRE MCGHEE WEBSTER LLC · Broken Arrow, 10 mi · $4.3M
- SKY OF JENKS, LLC · Tulsa, 9 mi · $15.7M
- 10GYM-B LLC · Broken Arrow, 9 mi · $8.6M
- COLAW FITNESS LLC · Bartlesville, 42 mi · $5.2M
- Genesis Health Clubs · Tulsa, 8 mi · $4.0M
- RACQUET AND HEALTH 91,LLC · Tulsa, 8 mi · $3.4M
Estimated value over time
▼ 5% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PHOENIX CLEANERS this business | $2.1M | — |
| 23rd Street Laundry Tulsa | $668K | 1.0 mi |
| 23RD Suds Tulsa | $668K | 1.0 mi |
| Highlander Center Laundromat Tulsa | $668K | 1.5 mi |
| BROOKSIDE CLEANERS LLC Tulsa · 15 employees | $1.7M | 1.9 mi |
| DYNAMIC INDUSTRIES Tulsa · 5 employees | $552K | 2.3 mi |
| University of Wash Laundromat Arcade Bar Tulsa | $668K | 2.3 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $367K |
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 | $955K |
| Multiple for this size and industry | 2.6× |
| Value range | $502K – $1.3M |
| Revenue range | $1.4M – $2.4M |
| EBITDA range | $242K – $419K |
| 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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingSpiritBankPPP / SBA lender
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.
Banking relationships
| SpiritBank PPP 2020, PPP 2021 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $70K | 17 |
| 2/12/2021 | second | $60K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Phoenix Cleaners
Phoenix Cleaners is a dry cleaners & laundry company in Tulsa, Oklahoma, in business since 2017. Its estimated annual revenue is about $2.1M, with roughly $367K of EBITDA. It has about 23 employees. Its estimated business value is $955K (likely range $502K–$1.3M).
Common questions
- Who owns Phoenix Cleaners?
- The owner of Phoenix Cleaners 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 Phoenix Cleaners make?
- SeeBITDA estimates Phoenix Cleaners's annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Phoenix Cleaners worth?
- About $955K, roughly 2.6× its estimated EBITDA of $367K, typical for a dry cleaners & laundry company its size. Likely range: $502K–$1.3M.
- How many employees does Phoenix Cleaners have?
- About 23, as reported on its PPP loan.
- When was Phoenix Cleaners founded?
- Phoenix Cleaners has been in business since 2017.