Commercial and Residential Locksmith

Not Disclosed, TX

Asking Price: Annual Revenue:
Not Disclosed $844,498

Retail: Non-classifiable

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RE: Commercial and Residential Locksmith Broker: Russ Goforth

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $844,498
Net Profit: Not Disclosed
Cash Flow: $155,420
Total Debt: Not Disclosed
FF&E: $453,299
Real Estate: Not Disclosed
Year Established: 1980
Employees: 8
BBN Listing #: 8991392
Broker Reference #: #72535RG

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Business Overview:

Commercial and residential locksmith providing key, safe, and access management solutions to the greater Houston area since 1980. Ideally located retail storefront and workshop on .2 acres of company owned property near a high-traffic intersection in a densely populated area. In-house team of licensed locksmiths provides on-call and after-hours lockout services, installation and repair for an extensive range of physical and digital lock and access control systems for home, business, and auto, safe opening and recombination, and key making services. The Company also specializes in keyless entry, transponders, and remotes for cars, trucks, RVs, boats, and motorcycles. 65% service revenue, 35% retail sales. Service revenue is 75% commercial and 25% residential or walk-in customers. Seller plans to retire after transitioning the company to new ownership. Sale includes all operating and real estate assets of the business.

Refer to file #72535RG. Please respond with your name, mailing address and telephone/fax number(s) so we may send a confidentiality agreement.

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Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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