SeeBITDAOklahoma

Driploc

Manufacturing
  • 4100 Will Rogers Pkwy Ste 1000, Oklahoma City, OK
  • Since 2002
  • NAICS 31
Company websitedriploc.comFind on LinkedInSearch LinkedIn for this company
Estimated valueLow confidence
$1.2M
$211Klikely range$2.4M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.0M
a year
Profit (EBITDA)
$400K
13% of revenue
Employees
—
not reported
Leadership
Barry Wagner
Founder · source
Some signs of a sale
Request removal or correction
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical manufacturing business in Oklahoma$3.0M
Revenue$3.0M
× 13% profit margin$400K
× 3 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 24 years (since 2002)
  • Founder still runs it after 24 years

From public records and the company's website, not a statement that it's for sale.

What they do

DRIPLOC sells grease containment systems, exhaust fan hinge kits, drain adapters, filters, and rooftop cleanup products built for commercial kitchens, and offers turn-key rooftop grease programs to restaurant owners.

Products & services
Grease containment systemsExhaust fan hinge kitsDrain adaptersFiltersRooftop cleanup productsRooftop Grease Containment ProgramSoak Systems Soap ProgramMini Spinner Rental Exchange ProgramHinges & HandlesAccess PanelsReplacement Filters4 & 7 in Rack System
Markets served
commercial kitchensrestaurant ownershood cleanersdistributorsfacilities pros
Service area
Oklahoma City, OK

From the company's website. Industry: Manufacturing.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Restaurants
Commercial cleaning & janitorial
Wholesale & distribution

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Driploc
this business
$3.0M$400K—
Medley Experience Center
Oklahoma City
$3.0M$400K0.1 mi
Medley Equipment Company
Oklahoma City
$6.0M$731K0.1 mi
Motion
Oklahoma City
$3.0M$400K0.1 mi
McCarty Equipment Co.
Oklahoma City
$3.0M$400K0.1 mi
Service Partners Oklahoma City
Oklahoma City
$3.0M$400K0.2 mi
Monarch Power Supply
Oklahoma City
$3.0M$400K0.2 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$1.2M
Multiple for this size and industry3×
Value range$211K – $2.4M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.

Revenue range$662K – $5.1M
EBITDA range$88K – $673K
Industry (NAICS)Manufacturing (31)

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

History & advisors

Founded 2002 by Barry Wagner and Paul Cairns
“DRIPLOC Inc. was founded in 2002 by Barry Wagner and Paul Cairns in Oklahoma City.”

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 Driploc

Driploc is a manufacturing company in Oklahoma City, Oklahoma, in business since 2002. It is owned by Barry Wagner (Founder). Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).

Common questions

Who owns Driploc?
Driploc is owned by Barry Wagner (Founder), according to public sources such as the company's website or filings.
How much revenue does Driploc make?
SeeBITDA estimates Driploc's annual revenue at about $3.0M (likely between $662K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Driploc worth?
About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a manufacturing company its size. Likely range: $211K–$2.4M.
When was Driploc founded?
Driploc has been in business since 2002.