FranchiseVerdict
Drift Zone logo
FV-00794·CAUTIONExcellent86

Drift Zone

OtherFranchising since 2023Website
Investment
$270K – $598K
73rd pct Other
Avg revenue
$474K
16th pct Other
Royalty
5.0%
6th pct Other
Units
2
14th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $270K – $598K including a $40K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $474K/year.
  • Rated CAUTION with a risk score of 75/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
  • Emerging franchise — only 3 years of franchising with 2 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Drift Zone International, Inc.
Incorporated in
Hawaii
HQ
5654 Anolike Place, Honolulu, HI 96821
Auditor
Kezos & Dunlavy
Audited financials
Franchisor revenue
$0
vs $0 prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Drift Zone unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $474,372
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $270K–$598K
Working capital
$
FDD reports $20K–$38K

Unlevered ROIC · per unit

17%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$81K
EBITDA margin
17.0%
Total invested
$463K
Payback
69 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Drift Zone units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$949K

on $4.7M purchase

Total debt

$3.8M

SBA $2.4M + senior + seller note

Overview

About

Drift Zone franchisees operate entertainment venues featuring drift racing simulators, arcade-style driving experiences, or similar motorsport entertainment. Daily operations involve managing customer throughput, maintaining racing equipment/simulators, staffing interactive experiences, and handling point-of-sale transactions across what appears to be a location-based entertainment model.

CEO
David Nagamine
Founded
2022
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$270K – $598K
All-in to open one unit
Liquid capital
$20K – $38K
Cash you must have on hand
Franchise fee
$40K
Royalty
5.0%
Gross Revenue · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$474K
Per unit, per year
Median gross sales
Item 19 type
Affiliate
Sample size
2 units
vs category median 20 · small
Range (low → high)
$363K$586K
Cohort dispersion
Transparency
3 / 5
vs category median 3 / 5 · typical
Revenue rank16th
vs Other peers
Investment cost rank73th
Lower investment ranks lower (better)
Royalty rate rank6th
Lower royalty = lower percentile (better)
Unit count rank14th
vs Other peers
Risk score rank89th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0±0
Franchised units
2024
0
Franchised units
2025
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 7 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 7 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
2
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

75
Risk · 0-100
CAUTION75 / 100

Drift Zone presents HIGH RISK due to a micro-system (2 units), undisclosed profitability, Going Concern issues, and unclear unit economics despite reasonable revenue figures.

Score breakdown · what drove the 75 / 100 rating

  1. 01MEDOnly 2 units in system with unknown growth trajectory suggests extremely limited operating history and minimal proof of concept
  2. 02MEDNo disclosed net income despite $474k average revenue raises questions about actual profitability and sustainability
  3. 03HIGHGoing Concern status is FALSE, indicating serious financial viability concerns at corporate level
  4. 04MINORWide investment range ($269.5k-$598k) without clear breakdown suggests undefined operational requirements or cost control issues
  5. 05HIGHNo litigation disclosed but Going Concern flag suggests potential undisclosed legal or financial stress
  6. 06MINORMinimal franchise fee ($39.5k) relative to total investment may indicate weak franchisor support or underfunded infrastructure

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius or Population
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Not allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Hawaii

Item 11

Training & Operations

Classroom training
24 hrs
On-the-job training
36 hrs
POS system
Party Center Software
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

15 numbers

Locked
(410) 576-••••
MD
(608) 266-••••
VA
(808) 586-••••
HI

One-time purchase · CSV download · Validation questions included

FDD download

Drift Zone · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above