Defcon Powersports, LLC
How we got $1.2M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 32% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 43% 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.
Employees over time
▲ 3222% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $5.3M |
| 2020 | Form 5500 | 441 | $258.6M |
| 2021 | Form 5500 | 320 | $187.7M |
| 2022 | Form 5500 | 336 | $197.1M |
| 2023 | Form 5500 | 323 | $189.4M |
| 2024 | Form 5500 | 299 | $175.4M |
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 |
|---|---|---|
| DEFCON POWERSPORTS, LLC this business | $11.2M | — |
| ROUTE 66 MOTORCYCLES, LLC Tulsa · 40 employees | $48.2M | 0.0 mi |
| BYSELLER VMP LLC Tulsa · 4 employees | $3.6M | 2.1 mi |
| TIM'S SPORTCENTER OF TULSA INC Tulsa · 40 employees | $33.2M | 2.5 mi |
| CAMPERLAND OF OK LLC Tulsa · 46 employees | $42.5M | 2.6 mi |
| MATT'S ATV AND OFFROAD Tulsa · 4 employees | $3.3M | 2.7 mi |
| GOLF CARS OF TULSA LLC Tulsa · 1 employees | $997K | 2.7 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.8M |
| Estimate: the two combined (geometric mean) | $11.2M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $493K |
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 | $1.2M |
| Multiple for this size and industry | 2.4× |
| Value range | $623K – $1.6M |
| Revenue range | $7.4M – $12.8M |
| EBITDA range | $324K – $562K |
| Industry (NAICS) | Motorcycle, Boat, and Other Motor Vehicle Dealers (441228) |
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
- AccountingCarr Riggs & Ingram LLCAudits its 401(k) plan (2024 filing)
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $132K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Defcon Powersports, LLC
Defcon Powersports, LLC is a car dealers company in Tulsa, Oklahoma, in business since 2015. Its estimated annual revenue is about $11.2M, with roughly $493K of EBITDA. It has about 299 employees. Its estimated business value is $1.2M (likely range $623K–$1.6M).
Common questions
- Who owns Defcon Powersports, LLC?
- The owner of Defcon Powersports, LLC 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 Defcon Powersports, LLC make?
- SeeBITDA estimates Defcon Powersports, LLC's annual revenue at about $11.2M (likely between $7.4M and $12.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Defcon Powersports, LLC worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $493K, typical for a car dealers company its size. Likely range: $623K–$1.6M.
- How many employees does Defcon Powersports, LLC have?
- About 299, from its 2024 retirement-plan filing.
- When was Defcon Powersports, LLC founded?
- Defcon Powersports, LLC has been in business since 2015.