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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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