MergerPlace

Safe and Lock Business

Texas (Harris)


  • Asking Price: $1,960,496
  • Gross Income: $3,094,232
  • Cash Flow: $586,313
  • Real Estate: Not Disclosed
  • Inventory: $299,000
  • FF&E: Not Disclosed
  • Listing ID: #223584
  • Established: 1923
  • Employees: 14 FT

Business Description

Lender Pre-Approved! Highly profitable Safe & Locksmith business with two locations in central Houston serving the entire Houston area 50+ years. Top Google ratings and reviews. The business provides commercial, residential & business high security locks, safes and locksmith services. Top brands of high security locks for homes and business. Large variety of new & used safes including, gun, jewelry, home & commercial safes.

Very consistent Revenues and Cash Flow business, even during 2020, with a well trained tenured staff. The products and services offered are always in demand in the Houston market. This business is positioned for continued growth.


Business Details

Primary Business Category: Services - Other Services
Location: Texas
County: Harris

Company Information

Year Established: 1923
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 14 FT

Financial Information

Asking Price: $1,960,496
Gross Revenue: $3,094,232
Cash Flow: $586,313
Inventory: $299,000
Seller Financing Available: No

Property Information

Facilities:

Facilities are leased.

Growth & expansion opportunities:

This is a well established business, with products and services consistently in demand, a well trained tenured staff, serving one of the largest metro areas in the country, positions this business for continued growth.

Competition:

There are a number of competitors in the Houston market but with two 50+ years locations, high social media ratings and competitive pricing, this business maintains consistent revenues and cash flow.

Reason for selling:

Owner retiring.

Support & Training:

Will train for 4 weeks @ no cost High security locks, locksmithing services, new and used safes.

Contact Business Seller

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Business Listed By:

Steve Herrera

Murphy Business Brokers