Locksmith (High Traffic Retail Location)

Business Overview:

This business is a multiple decade old retail locksmith. The locksmith services include making keys, rebuilding, repairing, rekeying, repining, changing the combination to an electronic or mechanical locking device, programming either keys to a device or the device to accept electronic controlled keys, originating keys for locks or copying keys, and adjusting or installing locks.

Located in a high traffic location with multiple co-tenants that create significant foot traffic the business generates revenue from both customers coming specifically to the destination and impulse purchasers who decide to get a key made when they are already on property. There is a tremendous amount of foot traffic for this location as close to 5,000 people visit the location daily.

The demographics for this area are as follows: population of 40,00; average income is $65,000; and the median cost of a home is $450,000. In addition, there is over 30,000 cars per day that drive by the complex that is home to the business.

There is currently 1 employee who is the owner of the business. Wonderful high cash flow opportunity for a solopreneur or a locksmith who wants to expand to another location.

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Additional Details:

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