Outstanding Locksmith Business

Metro Vancouver, British Columbia


Asking Price: Annual Revenue:
$699,000 $1,005,000

Services: Construction, Contractors


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RE: Outstanding Locksmith Business Broker: Pino Bacinello

Quick Facts

Asking Price: $699,000
Annual Revenue: $1,005,000
Net Profit: Not Disclosed
Cash Flow: $270,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Over 30 Years
Employees: 5
BBN Listing #: 330812151
Broker Reference #: VANCOBC002-N508

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Business Overview:

Priced to sell, the purchaser will acquire a reputable, long-standing business, with an established brand presence in its service area complete with a fleet of fully equipped service vehicles and experienced technicians who provide outstanding service to commercial and retail customers.

The locksmith industry is an essential part of every community. Industry sales are driven by business activity, population growth, income per capita in the local community, construction, and real estate activity. This business is well-located based on these sales drivers.

The ideal purchaser fits one of these profiles: already in the locksmith industry as a locksmith or business owner, or has construction industry experience that includes work with keys and locks.

Business Asking Price:? $699,000

Type of Sale:? Share Sale

Inclusions in Asking Price:? Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $60,000 (Inclusive of Inventory)

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Market Competition and Expansion:

Growth opportunities and expansion potential available in a confidential marketing summary, please contact us for more information.

Reason for Selling:

Retirement

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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