Full Lock Drift
How we got $431K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Full Lock Drift runs drifting events and fun runs for drivers at every skill level, aiming to grow drifting through structured, safe track time and a path for progression in the sport.
From the company's website. Industry: Other Amusement and Recreation Industries.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Full Lock Drift this business | $793K | — |
| MacArthur Park Raceway Oklahoma City | $793K | 0.1 mi |
| Underground Futsal Center Oklahoma City | $793K | 1.0 mi |
| Rhythmic Gymnastics Magic Stars Oklahoma Oklahoma City | $793K | 1.2 mi |
| TWENTY-EIGHT LINE, INC. Oklahoma City · 21 employees | $3.1M | 1.3 mi |
| STORM SPORTS FACILITY Oklahoma City · 3 employees | $292K | 1.3 mi |
| OKC Baseball & Softball Academy Oklahoma City | $793K | 1.3 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 | $431K |
| Multiple for this size and industry | 2.3× |
| Value range | $108K – $787K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Other Amusement and Recreation Industries businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (24%). Treat these as a rough guide.
| Revenue range | $248K – $1.2M |
| EBITDA range | $58K – $285K |
| Industry (NAICS) | Other Amusement and Recreation Industries (7139) |
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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Full Lock Drift
Full Lock Drift is an other amusement and recreation industries company in Oklahoma City, Oklahoma, in business since 2016. It is owned by Mike Mansfield (Founder & Co-Owner). Its estimated annual revenue is about $793K, with roughly $187K of EBITDA. Its estimated business value is $431K (likely range $108K–$787K).
Common questions
- Who owns Full Lock Drift?
- Full Lock Drift is owned by Mike Mansfield (Founder & Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does Full Lock Drift make?
- SeeBITDA estimates Full Lock Drift's annual revenue at about $793K (likely between $248K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Full Lock Drift worth?
- About $431K, roughly 2.3× its estimated EBITDA of $187K, typical for a other amusement and recreation industries company its size. Likely range: $108K–$787K.
- When was Full Lock Drift founded?
- Full Lock Drift has been in business since 2016.