Seller's Contact Information

  • RE:  Profitable And Busy PDX Locksmith Business
  • Contact:  Michael Morrissey
Listing Update!
Update: Profitable And Busy PDX Locksmith Business is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Home Improvement, Repair, Painting Industry.

Business Overview:

This very profitable Locksmith business provides mobile automotive, residential, and commercial services across the Portland Metro and Vancouver area. This semi-absentee business is run remotely by its Owners. The businesses customers are both one time or repeat small job customers and long-term contract customers such as commercial businesses and property management companies. The business has 6 employees and also works with outside contractors to refer out jobs. Referring jobs is an additional revenue stream for this business and a way the business has managed to grow steadily. The business enjoys low employee turnover. This business has a sterling reputation with with high ratings on Google. SBA Pre-Qualified by a Preferred SBA Lender.

Property Features and Assets:

The business was started in the Spring of 2018 by the sellers who are a husband and wife team. By the fall of 2018 they hired their first tech and an office manager. From 2018-2021 the business saw tremendous growth, allowing the husband to step away from the business in order to focus on other endeavors and the wife available to only have to run the business part time. The business saw a boom during the pandemic and continues to grow.

Market Competition and Expansion:

There are many mobile locksmiths in the Portland Metro. The businesses great reputation, consistent pricing, reliability, and large service area set it apart from its competition. Taking on more long-term contracts and hiring on more technicians is the quick path for growth for this business. The sellers have been hesitant to do so since they currently reside out of state.

Reason for Selling:

Change of industry.

Additional Details:

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

Relevant Links:

Opportunity Update!

Exciting update: Profitable And Busy PDX Locksmith Business has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

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