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Businesses For Sale   >>   Locksmiths Businesses For Sale

Profitable Established Contract Locksmith Security

Location  Tennessee,United States
Asking Price Range  $250K - $500K
Gross Revenues  $287000
Net Profit / Cash Flow  $98000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1974
Number of Employees  1 - 3
Inventory  240000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes.
Reason for Sale  Owner will train and consult for a year.

Description  
Want profits NOW?! This business is for you. Since 1974, this security/locksmith company for sale has provided exceptional service for homeowners and businesses including hospitals, banks. factories, schools, real estate companies, etc. They provide installation/maintenance of electronic access solutions, fire-proof record safes, depository safes, high-security door hardware and master key plans. Less than 20% of the business is lock-outs. Stable base of over 900 customers. Purchase price includes 6 vehicles, 3 fully equipped. Owner relocating out of state. Unlimited growth potential! Facilities: Business can be purchased with or without the building. The 5,900 sf building consists of storefront retail, warehouse and living quarters. Located in a high growth area and includes upstairs living quarters. The space can be leased for $3,000 per month triple net without the apartment Competition: There is very little competition for this established company. They have an excellent reputation in the area and are seen as the experts. Includes over 30 exclusive commercial contracts. The business owns unique locksmith equipment that is no longer available on the commercial market. The business also has an established web presence. Growth/Expansion: Tremendous growth opportunity to expand into monitoring services for commercial and residential accounts. Seller Financing Available: Yes Financing: Possible with substantial down payment Support/Training: Owner is available for initial training(approx 2 mos) and ongoing consultation for up to a year.He will teach the new owners everything they need to know to be successful in this business. One of the current employees could move into ops management position Reason Selling: Owner moving out of state Asking Price $380,000 Inventory $30,000** Gross Income $287,000 Real Estate $350,000** Cash Flow $98,000 Year Established 1973 FF&E $240,000* Employees 3


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