Business for Sale Overview:
This business currently generates $10K per month in net cash flow and can be run by an owner/operator from home. The buyer of this business will benefit from a trained crew executing a proven business model that is achieving exceptional sales growth and accelerating profitability. Business is a mobile locksmith service providing roadside assistance, re-keying of residential/commercial properties and making automotive keys, including high security. The business owns the exclusive franchise rights for Sacramento and Placer counties and started operations in 2005. The well-known national locksmith franchise was established in 1991 and has grown to become the largest full-service locksmith network in the United States serving a population of more than 100 million people in more than 3,500 cities. There are currently approximately 150 franchises in 35 states. The seller states their leadership position is due to faster response times, unmatched professionalism, nine decaled vehicles in “eye-catching” displays that serves as outstanding mobile advertising, technology based efficiencies (all vehicles have GPS devices, laptop computers, Blackberry devices and Nextel radios) and eight licensed locksmith employees (not subcontracted) that are always in marked uniforms while on duty. Revenue grew 33% over 2007, in large part due to a significant share in the REO market for rekeying. 2009 results show continued growth…. during a recession! Owner motivated to sell to spend more time with family. A tremendous opportunity for someone with general business management skills. Purchase price includes physical assets (vehicles, equipment and inventory), which have a market value of 177K. Also included in the purchase price are the franchise rights, which are valued at $85,000. Purchase price 250K.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
More time with family
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.