Well Established Turn Key Locksmith retail and service

Asking Price$360,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$421,000

Inventory$75,000
Not included in asking price
FF&E$135,000
Included in asking price
Real EstateNot Disclosed

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Well Established Turn Key Locksmith retail and service


Asking Price$360,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$421,000

Inventory$75,000
Not included in asking price
FF&E$135,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
SBA pre-qualified. This established locksmith and service business has been proudly serving the community and surrounding areas for over 30 years. With a distinctive retail location in a highly visible area.. Known for its exceptional customer service, the business caters to a wide range of clients, offering both in-store assistance and scheduled service calls. Its well-stocked inventory allows it to promptly meet the needs of residential customers, property management companies, dealerships, and more. The seller runs the shop with a part time employee and 1 full time employee makes field calls with the fully outfitted company van.

The business has SBA Expression of Interest letter from local bank.
About the Business
Years in Operation
29
Employees
2
Facilities & Assets
The current lease rate is $1,000 per month, with additional CAM fees of approximately $100–$150 per month. The landlord is willing to create a new lease for the new owner, which will include an option to renew.
About the Sale
Seller Motivation
Retiring
Transition Support
Hit the ground running. The seller will train the buyer on all aspects of the business.
Financing Options
The seller will hold a sellers note a portion of the selling price for a qualified bu
Listing Info
ID
2354625
Listing Views
1181

Contact Seller

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Business Listed by: Ian Lashley TLG Business Broker

Listing ID: 2354625 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.


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