Lockit Socket Tool Manufacturer

Not Disclosed, WA


Asking Price: Annual Revenue:
$58,500 $5,000

Retail: Non-classifiable


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RE: Lockit Socket Tool Manufacturer Broker: David Evans

Quick Facts

Asking Price: $58,500
Annual Revenue: $5,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: Not Disclosed
BBN Listing #: 610151351
Broker Reference #: 95951-73529

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Business Overview:

Lockit Socket is a home-based internet tool supply company with unique socket designs. These tools can get into places that no other can get to. New energy will make this home-based business a nice income for anyone.

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Property Features and Assets:

These tools have sold for 16 years and business needs new ideas and passion to make it what it could be.

Market Competition and Expansion:

Competitors exist but none have the spring clip holding method that Lockit Socket has. Potential Growth Growth Potential is according to new owner. This line of tools could be added to an existing line or stand on its own.

Reason for Selling:

Retiring

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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