Money Making Locksmith

Confidential, CA


Asking Price: Annual Revenue:
$75,500 $757,555

Services: Professional


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RE: Money Making Locksmith Broker: D. Joe Atchison
License #: 01438544

Quick Facts

Asking Price: $75,500
Annual Revenue: $757,555
Net Profit: Not Disclosed
Cash Flow: $55,430
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 9
BBN Listing #: 628338372
Broker Reference #: RIVERCA001-N1019

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Business Overview:

Established (13 years) lock and key business for sale in Riverside County with the following competitive advantages: National brand name, strong Google presence and an excellent reputation. Retail location as well as mobile services throughout Riverside and surrounding communities. They have many long-term commercial customers including those in the following industries: insurance company for road services, automotive dealer, commercial and residential property management, manufacturing, retail, homeowners, court system and storage facilities. Their road service includes fuel delivery, tire changes, jump starts and car door unlocking. The Company serves approximately 1,000 customers each month. The business is priced below market as the sellers are very motivated and they will carry a 25% seller note to a suitable buyer. Seller and the Franchisor will train. Franchisor actually prefers buyers who do not have locksmith experience so that they can be properly trained in the best practices of the industry. The company has X capable employees and is very high-tech with a high security key cutting machine, proprietary dispatch system, fingerprint time clock and VOIP phone system. The Company has the highest number of reviews and the highest ranking against all of their competitors with over 250 five star reviews. Upside potential is significant in that their territory covers 41 zip codes with a population of over 2.7M?, so satellite offices could be opened in adjacent cities.

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Property Features and Assets:

Real Estate License ID: 01438544

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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