Profitable Growing Home-Based Locksmith Franchise

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$225,000 $555,000

Services: Security, Surveilance


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RE: Profitable Growing Home-Based Locksmith Franchise Broker: Buyer Services

Quick Facts

Asking Price: $225,000
Annual Revenue: $555,000
Net Profit: $110,000
Cash Flow: $110,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 3
BBN Listing #: 191659778
Broker Reference #: CA-Pop-A-Lock-LA

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Business Overview:

Great opportunity to own an established, exclusive, large territory of Pop-A-Lock, a franchise that was born in 1991 when local law enforcement agents in Lafayette, Louisiana recognized the need for a car locksmith in their community. Since then, Pop-A-Lock has grown to become the largest professional locksmithing franchise in the country. Their original Lafayette location is now the national training facility and corporate headquarters for Pop-A-Lock.

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Property Features and Assets:

Home Based

Market Competition and Expansion:

The last 7 months have shown a consistent 30% sales increase and corresponding margin increase. There has been increased traction in both new and active accounts

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is a franchise resale opportunity.

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