Business For Sale

Locksmith - Greater Hartford & Waterbury, CT

Hartford, CT

Greater Hartford and Waterbury


Asking Price: Annual Revenue:
$220,000 $168,000

Services: Security, Surveilance


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RE: Locksmith - Greater Hartford & Waterbury, CT Broker: Steve Winokur

Quick Facts

Asking Price: $220,000
Annual Revenue: $168,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 272628718
Broker Reference #: FL

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Business Overview:

A white collar business management franchise opportunity in an industry that has been for decades with “Mom & Pop” operators. The franchise model is adaptable as an owner operator model (not working in the van), transitional model from another career, or straight ROI model with general manager.
* Avg. annual gross profit in industry for last 5 years: $452,108.
* Very little national competition.
* Can't be off-shored or replaced by the Internet.

Our ideal franchisee / candidate
We are seeking prospects looking to scale a business and manage a P & L versus working in the field. Ideal business for candidates looking for a white collar business in a blue collar industry. Need business management experience.

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Property Features and Assets:

Assets: The following will come with the sale of the franchise. - Best territory in Connecticut (Greater Hartford and Waterbury) * 62,560 business density that no other franchisee can impede on * 1.29 million population * Office space, shelving units, printer and other office furniture * Two vans fully loaded (inventory) and outfitted (tools) * CRM database with over 500 contacts which have all been personally touched by TFL * More than $50,000 in open bids * A great, hardworking technician that is looking to stay on for the remainder of his working career. * New driven sales manager making daily cold calls to clients Revenue:

Market Competition and Expansion:

~$48,000 in the Q1 of 2018 - Average $14,000 a month in revenue with the slowest weeks behind us

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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