Long Established Locksmith Company

Not Disclosed, FL
Sarasota County


Asking Price: Annual Revenue:
$449,000 $755,327

Retail: Non-classifiable


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RE: Long Established Locksmith Company Broker: Joseph Nicolini
Owner Financing is Available!
Other Financing: 399,200 @ 6% for 120 months = $ 4,431.94 per month

Quick Facts

Asking Price: $449,000
Annual Revenue: $755,327
Net Profit: Not Disclosed
Cash Flow: $174,052
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: $530,000
Year Established: 1925
Employees: 4
BBN Listing #: 5797630
Broker Reference #: 3353737041

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Business Overview:

Long established Locksmith company, with an actual storefront, is now available. The store has been around for decades and does a lot of city and county work, as well as many other established commercial clients. They also cater to residential customers and have several vehicles on the road for service. An additional portion of their sales includes the sales and installations of all different size safes. The real estate is available for purchase. This is a full, turn-key opportunity, and sellers will make a smooth transition. Please refer to listing #3353-737041, Agent Joseph Nicolini when inquiring about this listing. Lender Pre-Qualified. Thank you!

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Property Features and Assets:

Company was established in 1925, yes a 96 year-old company.

Market Competition and Expansion:

Most locksmiths are now mobile units whereas this business has a beautiful and easily accessible storefront location. Networking with property manages, condo and homeowner associations should increase business.

Reason for Selling:

Moving

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 not a franchise resale opportunity.

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