Locksmith & Safe Bus. -Netting $215K with 10% Down

NOT DISCLOSED, New Jersey

Asking Price $750,000 Year Established 1964
Annual Revenue $1,731,548 Reason for Selling The owner is retiring after nearly 50 years with the company.  
Annual P/L $0 Attention Joe Chiarello
Annual Cash Flow $215,934 Listing Number 1020091  
# of Employees 7 Business Category Services: Security, Surveilance

Business Overview:

Established Locksmith & Security Business – 62 Years in Business! 

YOU ONLY NEED $75,000 DOWN TO PURCHASE THIS BUSINESS AND MAKING YOUR MONEY DOWN BACK IN UNDER A YEAR!

Well-established locksmith and security services business located in Camden County, NJ, offered for $750,000. 

Been in business for 62 years! Founded in 1964, this business specializes in 85% commercial and 15% residential services, safes, commercial doors, security hardware, and installation services. The company serves a long-standing customer base, including commercial, residential, industrial, government, and defense-related customers.

Highlights

  • Established in 1964 – 62 years in business
  • OWNER WILLING TO STAY ON FOR 6-12 MONTHS FOR A SMOOTH TRANSACTION 
  • You only need $75,000 to get into this very successful business 
  • Asking price of $750,000 which includes $250,000 of inventory 
  • Long-standing commercial and government customer relationships
  • Experienced staff and two working managers
  • Highly visible 4,400-square-foot stand-alone location
  • Three service vehicles included
  • Specialized commercial door and security hardware expertise
  • Experience with government and defense-related security projects
  • Established supplier relationships
  • Employee currently being trained to assume owners responsibilities 
  • Growth opportunities in specialized commercial door hardware and security installations
  • 85% of business is commercial and 15% residential 

Property Features and Assets:

<p>Assets = $750,000</p>

Market Competition and Expansion:

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

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