JOANN Fabric and Crafts
How we got $2.6M
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 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
JOANN Fabric and Crafts has closed, and the pages on michaels.com direct former JOANN customers to Michaels for fabric, yarn, sewing notions and craft supplies. The pages do not describe a JOANN business in Lawton, OK.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Big Twist · brand it sells or installs
- Red Heart · brand it sells or installs
- Caron · brand it sells or installs
- DMC · brand it sells or installs
- Dritz · brand it sells or installs
- Brother · brand it sells or installs
- Bernat · brand it sells or installs
- Lion Brand · brand it sells or installs
- Loops & Threads · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JOANN Fabric and Crafts this business | $9.9M | — |
| Sears Lawton | $1.5M | 0.2 mi |
| GameStop Lawton | $2.0M | 0.3 mi |
| Massad's Giftshop Lawton | $2.1M | 0.3 mi |
| LARRY N BRAME Lawton · 1 employees | $536K | 0.3 mi |
| MASSAD'S GIFT SHOP Lawton · 3 employees | $1.0M | 0.3 mi |
| MASSADS GIFT SHOP Lawton · 3 employees | $1.0M | 0.3 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 | $2.6M |
| Multiple for this size and industry | 3× |
| Value range | $913K – $4.3M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (9%). Treat these as a rough guide.
| Revenue range | $4.3M – $13.5M |
| EBITDA range | $381K – $1.2M |
| Industry (NAICS) | Retail Trade (451) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
5 locations
| 449 SW 2nd St | Lawton | This listing |
| 3449 W Main St | Norman | View |
| 530 Ed Noble Pkwy | Norman | View |
| 10007 E 71st St | Tulsa | View |
| 5327 E 41st St | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About JOANN Fabric and Crafts
JOANN Fabric and Crafts is a retail trade company in Lawton, Oklahoma, in business since 1997. Its estimated annual revenue is about $9.9M, with roughly $881K of EBITDA. Its estimated business value is $2.6M (likely range $913K–$4.3M). It has 5 locations.
Common questions
- Who owns JOANN Fabric and Crafts?
- The owner of JOANN Fabric and Crafts 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 JOANN Fabric and Crafts make?
- SeeBITDA estimates JOANN Fabric and Crafts's annual revenue at about $9.9M (likely between $4.3M and $13.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is JOANN Fabric and Crafts worth?
- About $2.6M, roughly 3× its estimated EBITDA of $881K, typical for a retail trade company its size. Likely range: $913K–$4.3M.
- When was JOANN Fabric and Crafts founded?
- JOANN Fabric and Crafts has been in business since 1997.