NOT DISCLOSED, Texas
| Asking Price |
$3,000,000 |
Year Established |
2018 |
|
| Annual Revenue |
$1,744,676 |
Reason for Selling |
Focus on other business |
|
| Annual P/L |
$0 |
Attention |
Stevan Perez |
|
| Annual Cash Flow |
$335,986 |
Listing Number |
1017528 |
|
| # of Employees |
17 |
Business Category |
Services: Security, Surveilance |
|
Business Overview:
An established South Texas locksmith company providing a comprehensive range of automotive, residential, commercial, safe, and emergency locksmith services throughout the Rio Grande Valley and surrounding South Texas markets. The company operates (4) storefront locations in Lower South Texas region. Also being complemented by a mobile service operation that allows technicians to serve customers throughout a broad regional footprint. Services include car key replacement and programming, key duplication, transponder and smart-key services, lockout assistance, rekeying, lock installation and repair, commercial security solutions, master-key systems, and safe services. This diversified service offering allows the company to serve a broad customer base, including individual consumers, homeowners, businesses, property owners, and vehicle owners.
Property Features and Assets:
Market Competition and Expansion:
<p>The South Texas locksmith market is highly fragmented, with competition coming from independent locksmiths, mobile operators, automotive key specialists, and larger security service providers. The business competes across multiple service categories, including automotive, residential, commercial, emergency, and safe services. Its multi-location storefront presence, mobile service capabilities, broad service offering, established customer base, and ability to provide both routine and emergency services provide opportunities to differentiate from smaller independent operators. Continued development of commercial relationships, digital marketing, service availability, and advanced automotive and security solutions can further strengthen the company's position within its markets.<br></p><p>Potential growth opportunities include expanding mobile locksmith services into additional South Texas markets, increasing commercial and recurring accounts with property management companies, automotive dealerships, fleet operators, and local businesses, and further developing relationships with insurance companies and other referral partners. Additional opportunities may include expanding key programming and advanced automotive services, increasing digital marketing and online lead generation, strengthening the company's presence in underserved areas, and adding complementary security services such as access control, electronic locks, and commercial security solutions. Continued investment in staffing, technician training, and operational efficiency could also allow the company to increase service capacity, reduce response times, and capture additional market share.<br></p>
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