Description This business has established an excellent reputation for the past 25 years as a reliable and dependable safe and locksmith company. Approximately 50% of their revenue is from selling and installing safes and the remaining 50% is from servicing their locksmith customers. They have a diverse mix of customers including large commercial accounts as well as residential walk-in customers. There are well known within their community for providing expert locksmith service and for having a wide variety of safes for sale. The owner is willing to work with the new owners for up to a one year in order to insure a smooth transition. The buyer should be either mechanically inclined or ideally a locksmith.
Financial Information
Asking: $350,000
Gross: $450,000
Cash Flow: $130,000
Furniture, Fixtures & Equipment: $50,000
Inventory: $50,000 (not included in price)
Financing: $175,000 for a Qualified Buyer
Seller financing is available
Email or call at 516-626-2211 for more information on this safe & locksmith company for sale.