West Michigan Locksmith and Security Business for Sale

Asking Price$235,000

Cash Flow
$46,801
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$137,125

Inventory$60,000
Included in asking price
FF&E$70,000
Included in asking price
Real Estate$170,000
Included in asking price
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West Michigan Locksmith and Security Business for Sale


Asking Price$235,000

Cash Flow
$46,801
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$137,125

Inventory$60,000
Included in asking price
FF&E$70,000
Included in asking price
Real Estate$170,000
Included in asking price
Business Description
Locksmith and Security Business
Established over 40 years ago, this well-respected locksmith and security business has served residential and commercial clients throughout West Michigan with a reputation for reliability and expertise. The current owner has successfully operated the business since 2012, maintaining strong relationships with customers and consistently providing high-quality locksmith services. The business has built a loyal clientele, offering a wide array of services including lockset installation, rekeying, master key management, and automotive transponder keys and programming. The company operates out of a 1,700-square-foot facility, which is included in the sale. The space accommodates a retail area, workshop, storage, and general business operations, supporting both walk-in customers and mobile service needs. The business currently employs one full-time technician responsible for providing remote locksmith services, while the Owner works primarily in the shop and oversees retail operations.
About the Business
Years in Operation
42
Employees
1
Facilities & Assets
The business is located in a 1700 SF building, featuring retail space, a workshop, a garage, employee break area and a partially finished basement.
Market Outlook / Competition
This business is one of the few remaining brick-and-mortar locksmith shops in West Michigan, setting it apart in a market increasingly dominated by mobile-only operations. Its physical presence enhances visibility and trust among customers while still offering the flexibility and convenience of fully mobile services.

The business has built a strong reputation in the local community and benefits from decades of brand recognition. Its dual service model—offering both in-store and on-site locksmith services—positions it uniquely to serve a wide range of cu
Opportunities for Growth
There is significant potential to grow this business through a number of strategic initiatives:

• Enhanced Marketing and Advertising: Currently operating with minimal promotional efforts, the business could benefit from a targeted digital marketing strategy, including SEO, social media engagement, local online advertising and an upgraded website for a streamlined online customer interface.
• Automotive Key & Fob Services: Expanding into the full spectrum of automotive key programming and fob replacement (both domestic and foreign) would add a high-deman
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
1,698
About the Sale
Seller Motivation
Retirement
Transition Support
3 weeks
Listing Info
ID
2376579
Listing Views
495

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Business Listed by: Jeff Hoag Transworld Business Advisors of West Michigan

Listing ID: 2376579 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.