Locksmith in San Luis Obispo

San Luis Obispo, CA (San Luis Obispo County)

Seller Financing Available
Locksmith in San Luis Obispo

Asking Price:$145,000

Cash Flow:N/A

Gross Revenue:$198,874

EBITDA:N/A

FF&E:$25,000

Inventory:$50,000

Lease Rate/Sq. Ft.:$1,200

Established:1976

Locksmith in San Luis Obispo

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Business Description

Locksmith business In San Luis Obispo, CA

Local locksmith business in San luis Obispo for sale. Successfully owned and operated for over 40 years. Over $75,000 in inventory and equipment including 2008 Kia Sorento with approximately 110,000 miles. Great location on Monterey Street with designated parking space. Owner is willing to carry and P & L is available to qualified buyers. Contact Chris Strand of Holland Strand Real Estate (CALBRE# 01406064) at (805)440-1799 with any questions or to schedule an appointment.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
10/31/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3 code machines, 2 duplicators, high security computer controlled milling machine, 5 transponder programmers, assorted pin kits, $30,000 worth of key blanks along with door knobs, deadbolts, lockboxes, safes and parts.
Competition:
Only one other locksmith in the city.
Growth & Expansion:
Tons of room for growth and expansion. If new owner puts in the time and work, the sky's the limit.
Financing:
$97,000 down, $1,000 per month 4 yrs.
Support & Training:
Owner is willing to stay on for 30 days to train.
Reason for Selling:
Seller is retiring.

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Business Listed By:
Chris Strand

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