Turnkey Locksmith Business

Business Overview:

Established locksmith business specializing in automotive, residential, and commercial services, including advanced key programming and high-end lockouts. The company is well-positioned for growth through increased marketing and dealer relationships.

This sale includes a fully equipped 2019 Nissan NV200 service van, AutoProPAD programming machine, electric key cutting machine, manual key cutting machine, duplication machine, and a full suite of tools for auto, residential, and commercial lockout needs—essentially a complete mobile locksmith shop ready to operate from day one. Assets total approximately $45,000 in value.

The business is supported by a skilled full-time technician with 10+ years of experience, who is willing to take on all operating hours to expand his role. This provides a buyer the option of semi-absentee ownership or hands-on involvement.

The current owner works just ~20 hours per week on an on-call basis, creating an excellent work-life balance while maintaining steady income. Currently operating with no marketing, only google reviews, with the right investment in marketing (Google ads, SEO, dealership expansion), revenues could grow substantially.

Buyer can operate under the seller’s license during the licensing process (typically 6 months). Seller is willing to provide training and transitional support.

Financials show a dip in 2023-2024 because the owner took extended time off to travel and worked only part of the year; performance has normalized since. 2025 is on pace to far exceed prior years, though books are not prepared until end of year.

Highlights:

Discretionary Earnings: Approx. $65K+ (with ad backs and cash adjustments)

Assets Included: ~$45,000 (Van, AutoProPAD, key cutting machines, full locksmith toolset)

Staff: Owner-technician and 1 experienced full-time technician, willing to expand hours

Flexible ownership model: owner-operator or semi-absentee

Growth potential with marketing & dealer account expansion

Please refer to listing #2301-197521 

Contact the Seller:

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Property Features and Assets:

Home-Based

Market Competition and Expansion:

Competition: The locksmith industry is highly fragmented, with many small operators competing on speed, price, and availability. What sets this business apart is its established licenses, advanced key programming capabilities, and ability to service high-end vehicles without reliance on dealerships. Competitors often lack the specialized equipment or OEM access needed for complex programming jobs, while this business provides those services in-house at competitive pricing. Additionally, the company benefits from positive online reviews and minimal overhead due to its mobile operations. Unlike larger competitors with higher fixed costs, this business has lean expenses, flexibility in scheduling, and the advantage of a trusted technician already in place.

Expansion: This business offers multiple avenues for growth:

1. Marketing Expansion – Currently, advertising is only to reach google ranking 3rd spot, which has been minimal. Launching targeted Google Local Service Ads, SEO optimization, and paid campaigns could immediately increase call volume and lead flow.

2. Dealer Network Growth – With 10 active auto dealer accounts, there is significant potential to add more dealerships, especially with the technician ready to take on full operating hours. Doubling the dealer base could provide a stable, recurring revenue stream.

3. Service Diversification – Expansion into additional high-margin services such as access control, commercial hardware installation, and smart lock systems could open up new customer segments.

4. Geographic Expansion – The mobile nature of the business allows for rapid scaling into surrounding cities and suburbs without the need for brick-and-mortar overhead.

5. Staff Leverage – With an experienced technician willing to work full-time, a new owner could focus on business development and scaling rather than daily service calls, making semi-absentee ownership possible. Owner could also hire more staff to take on additional calls.

With steady cash flow, a complete set of assets, and untapped growth opportunities, this locksmith business is well-positioned for a motivated buyer to scale revenues substantially.

Competitive Overview
The locksmith industry is highly fragmented, with many small operators competing on speed, price, and availability. What sets this business apart is its established licenses, advanced key programming capabilities, and ability to service high-end vehicles without reliance on dealerships. Competitors often lack the specialized equipment or OEM access needed for complex programming jobs, while this business provides those services in-house at competitive pricing. Additionally, the company benefits from positive online reviews and minimal overhead due to its mobile operations. Unlike larger competitors with higher fixed costs, this business has lean expenses, flexibility in scheduling, and the advantage of a trusted technician already in place.

Reason for Selling:

Relocation. Kindly ask the seller for more information.

Additional Details:

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