MergerPlace

Long Established Locksmith Company

Florida (Sarasota)


  • Asking Price: $449,000
  • Gross Income: $755,327
  • Cash Flow: $174,052
  • Real Estate: $530,000
  • Inventory: $25,000
  • FF&E: $90,000
  • Listing ID: #225919
  • Established: 1925
  • Employees: 4

Business Description

Long established Locksmith company, with an actual storefront, is now available. The store has been around for decades and does a lot of city and county work, as well as many other established commercial clients. They also cater to residential customers and have several vehicles on the road for service. An additional portion of their sales includes the sales and installations of all different size safes. The real estate is available for purchase. This is a full, turn-key opportunity, and sellers will make a smooth transition.Please refer to listing #3353-737041, Agent Joseph Nicolini when inquiring about this listing. Lender Pre-Qualified. Thank you!


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Sarasota

Company Information

Year Established: 1925
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $449,000
Gross Revenue: $755,327
Cash Flow: $174,052
FF&E: $90,000
Inventory: $25,000
Real Estate: $530,000
Seller Financing Available: No

Property Information

Facilities:

Building Type: Free Standing

Growth & expansion opportunities:

Networking with property manages, condo and homeowner associations should increase business

Competition:

Non Compete: Miles: 30 Years: 5 Most locksmiths are now mobile units whereas this business has a beautiful and easily accessible storefront location

Reason for selling:

Moving

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Joseph Nicolini

Transworld Business Brokers of Central Florida