Locksmith Near DC Beltway

Relocatable, MD Montgomery County

Asking Price: $399,000

Annual Revenue: $265,157

Services: Non-classifiable

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RE: Locksmith Near DC Beltway
Contact: Erik Woodworth

Owner Financing is Available!

Owner Terms:$120,000.00 Interest:8% Term Months:24 Monthly Payment:$5,645.00

Quick Facts

	Asking Price:	$399,000
	Annual Revenue:	$265,157
	Net Profit:	Not Disclosed
	Cash Flow:	$138,700
	Total Debt:	Not Disclosed
	FF&E:	43,500
	Real Estate:	Not Disclosed
	Year Established:	2017
	Employees:	Not Disclosed
	BBN Listing #:	289349765
	Broker Reference #:	77441-436481

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Business Overview:

This locksmith & security service business is well-known and highly reputable locally. It is a highly scalable, fully mobile service with very low overhead and operating costs. The business services Montgomery County, Prince George's County, MD, and the entire DC Metropolitan area. The services include residential locksmith services, such as lock rekeying, house and vehicle lockouts, lock replacement, and new installations. Commercial services include all door hardware, high-security key systems, master key systems, access control, entry systems, security camera systems, safe & vault installations, and maintenance services for commercial customers.

Best for an owner operator and/or someone looking to enter this recession-proof business and invest in growing the business by hiring staff and purchasing new vans and other equipment.

The brand was established in the 1970s, and the company has remained under current management since 2017.

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Reason for Selling:

Relocation

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is a homebased business opportunity.
This is not a franchise resale opportunity

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