Profitable Locksmith - 50 Year Reputation

Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$531,121

InventoryNot Disclosed

FF&ENot Disclosed

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Profitable Locksmith - 50 Year Reputation


Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$531,121

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Bill’s Locksmith Service LLC has been in business since 1975 (over 40 years). Originally founded by Billy Edwards as Bill’s Lock and Key it, is currently owned by Mike Shipman (since Aug 2017) a 29 year law enforcement veteran.

Our locksmith services include:
• Automotive - Lockouts, Lost keys, Lock Repair and Duplicating Transponder (Chip) Keys

• Commercial - Rekeying, Masterkey Systems, Access Control, New Hardware, and Hardware Repair

• Residential - Rekeying, Masterkey Systems, New Hardware and Hardware Repair

• Safes - Sale, Servicing, Installation, and Repair

• Access Control - Electrical and Mechanical - Sales, Servicing and Repair

In September of 2008 Bill’s Lock and Key purchased Circle C Locksmith from Joe Clark. By combining the resources of both companies, Bill’s Lock and Key became the largest locksmith shop in the northern hill country.

Bill’s Locksmith Service LLC is a member of ALOA (Associated Locksmiths of America), TLA (Texas Locksmiths Association), Locksmith Association of San Antonio and SAVTA (Safe and Vault Technicians Association).

Serving Burnet, Llano, Blanco and parts of surrounding counties, our fleet of 3 service vans give us the ability to respond in a timely manner to most service calls.
About the Business
Years in Operation
50
Employees
4
Facilities & Assets
Business is currently leasing a 900SQFT building close to downtown Marble Falls. All of the furniture, fixtures and equipment is included in the sale and available upon request.
Website
https://www.billslockandkeytx.com/
Market Outlook / Competition
Currently there is no competition in the Marble Falls area. Many service oriented businesses, like plumbing, HVAC, eletrical, etc. are driving from Austin to service our area.
Opportunities for Growth
Marble Falls and surrounding areas are very fast growing. Lots of new residential and commercial development in our area. Over 10,000 new homes in the next 10+ years.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
900
Rent
$900.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owner will stay on for 2 weeks after purchase agreement is completed. Owner can possibly be available for longer period at negotiated rate.
Listing Info
ID
2204502
Listing Views
2400
Business Location

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Business Listed by: Mitchell Kent

Listing ID: 2204502 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.