MergerPlace

Locksmith Service

Florida


  • Asking Price: $69,900
  • Gross Income: $110,636
  • Cash Flow: $33,332
  • Real Estate: Not Disclosed
  • Inventory: $12,150
  • FF&E: $28,415
  • Listing ID: #215365
  • Established: 1988
  • Employees: 2 FT/ 1 PT

Business Description

Well established, 30 year old Safe, Lock & Key Business located north in the nature coast area of Florida. Main Street retail location with low, low rent. Long term 70% commercial and 30% repeat residential customers serviced in the field. Currently run nearly absentee but numbers below reflect a working owner. Tremendous opportunity for growth, only open Monday to Friday 8:30-4:30, adding after hour and weekend emergency service would increase profits dramatically as would networking/advertising.


Business Details

Primary Business Category: Services - Other Services
Location: Florida

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT/ 1 PT

Financial Information

Asking Price: $69,900
Gross Revenue: $110,636
Cash Flow: $33,332
FF&E: $28,415
Inventory: $12,150
Seller Financing Available: No

Property Information

Facilities:

Located in small strip center highly visible from main thoroughfare easy in and out.

Growth & expansion opportunities:

Huge potential for growth with this business, sellers do little marketing and are only open during the week for limited hours. Business could be increased dramatically with nights and weekends service.

Competition:

Average competition for keys & service, above the competition in commercial accounts 70/30.

Reason for selling:

Other vocation.

Support & Training:

Will train for 2 weeks @ no cost.General business management, locksmith training.

Contact Business Seller

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Business Listed By:

Darlene Pane

Murphy Business Brokers