SeeBITDAOklahoma

Walden Cleaners and Laundry, Inc

  • 505 HIGHLAND PKWY, Norman, OK
  • 3 locations
Estimated valueMedium confidence
$2.0M
$1.1Mlikely range$2.7M
About 3.2× its yearly profit, typical for a company this size in its industry.
Revenue
$3.5M
a year
Profit (EBITDA)
$624K
18% of revenue
Employees
26
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $2.0M

Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.

26 employees × $93K each$2.4M
PPP payroll ÷ payroll's usual share of revenue$3.9M
Shown toward the top of its range×1.14
Revenue$3.5M
× 18% profit margin$624K
× 3.2 sale multiple = value$2.0M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found
3 locations found

Estimated value over time

▼ 5% since 2020
$0$1.2M$2.4M20202026

Today'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

BusinessEst. revenueEst. profitDistance
WALDEN CLEANERS AND LAUNDRY, INC
this business
$3.5M$624K—
Best Cleaners
Norman
$668K$154K1.6 mi
Wash Club OKC
Norman
$668K$154K2.0 mi
Hollywood cleaners Laundry
Norman
$668K$154K2.0 mi
Coin Laundry
Norman
$668K$154K3.0 mi
24hr Coin Laundry
Norman
$668K$154K3.1 mi
Laundry Lounge
Norman
$668K$154K3.1 mi

The full calculation

Employees reported to the SBA26
Revenue from headcount (employees × revenue per employee for companies this size)$2.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.9M
Estimate: the two combined (geometric mean)$3.5M
EBITDA margin (industry, adjusted for size)18%
EBITDA = revenue × margin$624K

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$2.0M
Multiple for this size and industry3.2×
Value range$1.1M – $2.7M
Revenue range$2.3M – $4.0M
EBITDA range$411K – $712K
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

  • BankingArmstrong BankPPP / 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

Armstrong Bank
PPP 2020, PPP 2021
All 1,355 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$180K$182K26Armstrong Bank
1/22/2021second$167K$168K18Armstrong Bank

3 locations

505 HIGHLAND PKWYNormanThis listing
1211 36th Ave NW #3302NormanView
1224 Alameda StNormanView

Revenue, profit and value are for the whole company.

About Walden Cleaners and Laundry, Inc

Walden Cleaners and Laundry, Inc is a dry cleaners & laundry company in Norman, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $624K of EBITDA. It has about 26 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.7M). It has 3 locations.

Common questions

Who owns Walden Cleaners and Laundry, Inc?
The owner of Walden Cleaners and Laundry, Inc 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 Walden Cleaners and Laundry, Inc make?
SeeBITDA estimates Walden Cleaners and Laundry, Inc's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Walden Cleaners and Laundry, Inc worth?
About $2.0M, roughly 3.2× its estimated EBITDA of $624K, typical for a dry cleaners & laundry company its size. Likely range: $1.1M–$2.7M.
How many employees does Walden Cleaners and Laundry, Inc have?
About 26, as reported on its PPP loan.