Don's Mobil Lock Shop, Inc.
How we got $987K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 46% 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.
What we know
Signs of a sale Some signs of a sale
- In business 54 years (since 1972)
From public records and the company's website, not a statement that it's for sale.
What they do
Don's Mobil Lock Shop is a family-owned, locally operated locksmith business serving the OKC Metro area, offering home, business, automotive, safe and access control services.
From the company's website. Industry: Security services.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 21 mi · $791.1M
- H.C. EMPLOYEES LLC · Moore, 8 mi · $196.4M
- FUENTES CONCRETE CONSTRUCTION · Edmond, 34 mi · $177.4M
- IDEAL HOMES OF NORMAN, LP · Norman, 0 mi · $163.9M
- TABER BUILT HOMES, LLC · Oklahoma City, 27 mi · $135.1M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DON'S MOBIL LOCK SHOP, INC. this business | $2.8M | — |
| DONS MOBIL LOCK SHOP INC. Norman · 10 employees | $2.6M | 0.0 mi |
| FRONTIER SECURITY SYSTEMS INC Norman · 10 employees | $2.7M | 0.3 mi |
| VenAssure Norman | $948K | 0.4 mi |
| Boyd Security Systems Norman | $2.0M | 0.6 mi |
| STARR SALES SOLUTIONS, LLC Norman · 7 employees | $1.7M | 0.6 mi |
| KeyMe Locksmiths Norman | $2.0M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $329K |
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 | $987K |
| Multiple for this size and industry | 3× |
| Value range | $519K – $1.3M |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $216K – $375K |
| Industry (NAICS) | Locksmiths (561622) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“As a family-owned and locally-operated business, we pride ourselves on delivering personalized service and reliable solutions for all your lock and security needs.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $102K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Don's Mobil Lock Shop, Inc.
Don's Mobil Lock Shop, Inc. is a family-owned security services company in Norman, Oklahoma, in business since 1972. Its estimated annual revenue is about $2.8M, with roughly $329K of EBITDA. It has about 12 employees. Its estimated business value is $987K (likely range $519K–$1.3M).
Common questions
- Who owns Don's Mobil Lock Shop, Inc.?
- The owner of Don's Mobil Lock Shop, 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 Don's Mobil Lock Shop, Inc. make?
- SeeBITDA estimates Don's Mobil Lock Shop, Inc.'s annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Don's Mobil Lock Shop, Inc. worth?
- About $987K, roughly 3× its estimated EBITDA of $329K, typical for a security services company its size. Likely range: $519K–$1.3M.
- How many employees does Don's Mobil Lock Shop, Inc. have?
- About 12, as reported on its PPP loan.
- When was Don's Mobil Lock Shop, Inc. founded?
- Don's Mobil Lock Shop, Inc. has been in business since 1972.