Cannon Racecraft
How we got $3.8M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Cannon Racecraft Inc. makes custom high-performance motorcycle springs and sells springs for bikes and ATVs, serving racers and dealers. It says it has been in business for over 30 years.
From the company's website. Industry: Spring Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ESKRIDGE AUTO GROUP, INC. · Oklahoma City, 7 mi · $314.9M
- HUDIBURG CHEVROLET, LLC · Midwest City, 7 mi · $278.6M
- FERGUSON PONTIAC-GMC, INC. · Norman, 17 mi · $266.8M
- FOWLER OF NORMAN INC · Norman, 16 mi · $243.0M
- BADGER VALLEY INVESTMENTS, LLC · Pauls Valley, 55 mi · $223.5M
Employees over time
▼ 23% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 13 | $5.8M |
| 2021 | Form 5500 | 13 | $5.8M |
| 2022 | Form 5500 | 12 | $5.3M |
| 2023 | Form 5500 | 12 | $5.3M |
| 2024 | Form 5500 | 9 | $4.0M |
| 2025 | Form 5500 | 10 | $4.5M |
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 |
|---|---|---|
| Cannon Racecraft this business | $22.5M | — |
| CANNON RACE CRAFT INC. Oklahoma City · 17 employees | $5.3M | 0.0 mi |
| CANNON & REFERMAT, LLC CANNON SPRING COMPANY Oklahoma City · 14 employees | $5.6M | 1.0 mi |
| CANNON & REFERMAT LLC Oklahoma City · 14 employees | $5.1M | 1.0 mi |
| OMS ENTERPRISES, LLC Moore · 5 employees | $1.7M | 9.6 mi |
| CENTRAL EXPANDED METAL, INC. Chandler · 71 employees | $32.7M | 40.3 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 | $3.8M |
| Multiple for this size and industry | 3.9× |
| Value range | $451K – $8.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Spring Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (4%). Treat these as a rough guide.
| Revenue range | $3.3M – $42.2M |
| EBITDA range | $145K – $1.9M |
| Industry (NAICS) | Spring Manufacturing (332613) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“For over 30 years Cannon Racecraft Inc. has proudly served racers and dealers from around the globe.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cannon Racecraft
Cannon Racecraft is a spring manufacturing company in Oklahoma City, Oklahoma, in business since 2003. Its estimated annual revenue is about $22.5M, with roughly $987K of EBITDA. It has about 10 employees. Its estimated business value is $3.8M (likely range $451K–$8.7M).
Common questions
- Who owns Cannon Racecraft?
- The owner of Cannon Racecraft 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 Cannon Racecraft make?
- SeeBITDA estimates Cannon Racecraft's annual revenue at about $22.5M (likely between $3.3M and $42.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cannon Racecraft worth?
- About $3.8M, roughly 3.9× its estimated EBITDA of $987K, typical for a spring manufacturing company its size. Likely range: $451K–$8.7M.
- How many employees does Cannon Racecraft have?
- About 10, from its 2025 retirement-plan filing.
- When was Cannon Racecraft founded?
- Cannon Racecraft has been in business since 2003.