Established Lock & Security Solutions Franchise

Milwaukee, WI
Milwaukee County

Near Airport

Asking Price: Annual Revenue:
$159,000 $207,419

Services: Security, Surveilance

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RE: Established Lock & Security Solutions Franchise Broker: Eric Stewart
Owner Financing is Available!

Quick Facts

Asking Price: $159,000
Annual Revenue: $207,419
Net Profit: Not Disclosed
Cash Flow: $14,000
Total Debt: Not Disclosed
FF&E: $7,500
Real Estate: Not Disclosed
Year Established: 2016
Employees: 3
BBN Listing #: 452954385
Broker Reference #: 20081-855991

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Business Overview:

- This 2-year old franchise is prepared to take-off.
- Be part of a new and rapidly expanding national franchise
* Changing the culture of the security and locksmith industry
* Providing support and national account sales
* No locksmith experience necessary to run and operate
* Work closely with other business-minded men and women,
not lock-shop operators
- No retail storefront necessary
- Established local and national client list

Business Operations:
- Locksmithing Services
- Access Control
- CCTV sales, repair, and installations
- Door and frame installations/repairs
- Safe sales, repairs, and installations

Business includes:
2 - $20,000 fully equipped, branded service vans
$7,500 of sell-able inventory
$7,500 of FF&E
Favorable Lease

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Property Features and Assets:

This 70-year-old locksmith business was founded in Boston, Massachusetts by a World War II Veteran and Pilot in 1946, and subsequently handed it down to his sons. They, along with the third generation, now run the company with a synergistic combination of old world locksmith experience and new world technology. The family recognized the demand for a national branded locksmithing services, and decided to take the business nationally through franchising in 2015. Office building located by airport

Market Competition and Expansion:

Large national footprint / locally owned and operated with the largest locksmith infrastructure in the nation. Potential Growth In 2017, the purchased territory included 1,208,844 in residential population and 47,191 in commercial establishments. The territory is positioned around a very explosive infrastructure expansion that has caused exponential growth in both residential and commercial population in the past two years and the foreseeable future.

Reason for Selling:

Life change

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.

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