Safe and Lock Business

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$1,960,496 $3,094,232

Services: Non-classifiable

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RE: Safe and Lock Business Broker: Steve Herrera

Quick Facts

Asking Price: $1,960,496
Annual Revenue: $3,094,232
Net Profit: Not Disclosed
Cash Flow: $586,313
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1923
Employees: 14
BBN Listing #: 26134955
Broker Reference #: 6211-15962

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Business Overview:

Lender Pre-Approved! Highly profitable Safe & Locksmith business with two locations in central Houston serving the entire Houston area 50+ years. Top Google ratings and reviews. The business provides commercial, residential & business high security locks, safes and locksmith services. Top brands of high security locks for homes and business. Large variety of new & used safes including, gun, jewelry, home & commercial safes.

Very consistent Revenues and Cash Flow business, even during 2020, with a well trained tenured staff. The products and services offered are always in demand in the Houston market. This business is positioned for continued growth.

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Property Features and Assets:

Facilities are leased. Assets= $319,960

Market Competition and Expansion:

There are a number of competitors in the Houston market but with two 50+ years locations, high social media ratings and competitive pricing, this business maintains consistent revenues and cash flow. This is a well established business, with products and services consistently in demand, a well trained tenured staff, serving one of the largest metro areas in the country, positions this business for continued growth.

Reason for Selling:

Owner retiring.

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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