Locksmith Business since 1985 Servicing Corporate Accounts

Omaha, NE (Douglas County) (Relocatable)

Seller Financing Available
Locksmith Business since 1985 Servicing Corporate Accounts

Asking Price:$85,000

Cash Flow:$66,750

Gross Revenue:$96,440

EBITDA:N/A

FF&E:$22,480

Inventory:$11,250

Rate/Sq. Ft.:N/A

Established:1985

Locksmith Business since 1985 Servicing Corporate Accounts

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Business Description

69% profit margin with over 200 clients and room to expand. Over half of the clients served in this business are longstanding corporate accounts that want to stay with a locksmith business they feel they can trust. Winning the prestigious Super Service Award on Angie’s List for 4 years, this locksmith business has significant experience with both residential and commercial services, ranging from simple rekeying to sophisticated digital business systems as well as a complete range of safe services for every type of safe.

This turnkey business is operated as a mobile only business, which offers the owner the ability to operate the business from anywhere within the Omaha/Council Bluffs Metropolitan area and have the flexibility to set their own hours and not worry about maintaining a storefront. Although this business is already successful, a new owner could further expand the business by offering vehicle locksmithing services and expanding their on call availability.

In the first year, after all debts and expenses are paid, a buyer with a down payment of $12,500 would profit $29,160. This represents a 229% return on initial investment.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home Based
Growth & Expansion:
expand into automotive locks, increase on call availability
Financing:
15%
Support & Training:
90 Days of Training
Reason for Selling:
Moving out of state
Home-Based:
This business is Home-Based

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Cortney Sells

Business Listed By:
Cortney Sells

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