Wigington Enterprises
How we got $465K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| WIGINGTON ENTERPRISES this business | $962K | — |
| Fashion Cleaners Durant | $668K | 0.0 mi |
| BOND LAUNDRY CO., LLC. Durant · 8 employees | $597K | 0.5 mi |
| Super Wash Laundry Durant | $668K | 0.8 mi |
| Durant Laundry Durant | $668K | 0.8 mi |
| The Spin Cycle Laundry & Tanning Durant | $668K | 1.4 mi |
| The Washboard Tishomingo | $668K | 22.3 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $726K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $980K |
| Estimate: the two combined (geometric mean) | $962K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $221K |
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 | $465K |
| Multiple for this size and industry | 2.1× |
| Value range | $245K – $636K |
| Revenue range | $633K – $1.1M |
| EBITDA range | $146K – $252K |
| 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
- BankingFirst Texoma National 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 Roles are as stated there and may be out of date.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
| First Texoma National Bank PPP 2020, PPP 2021 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $48K | 10 |
| 1/22/2021 | second | $26K | 7 |
About Wigington Enterprises
Wigington Enterprises is a dry cleaners & laundry company in Durant, Oklahoma. Its estimated annual revenue is about $962K, with roughly $221K of EBITDA. It has about 10 employees. Its estimated business value is $465K (likely range $245K–$636K).
Common questions
- Who owns Wigington Enterprises?
- The owner of Wigington Enterprises 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 Wigington Enterprises make?
- SeeBITDA estimates Wigington Enterprises's annual revenue at about $962K (likely between $633K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wigington Enterprises worth?
- About $465K, roughly 2.1× its estimated EBITDA of $221K, typical for a dry cleaners & laundry company its size. Likely range: $245K–$636K.
- How many employees does Wigington Enterprises have?
- About 10, as reported on its PPP loan.