Mobile Locksmith & Security Installation

Burlington, MA (Middlesex County) (Relocatable)

Mobile Locksmith & Security Installation

Asking Price:N/A

Cash Flow:$184,279

Gross Revenue:$286,076





Mobile Locksmith & Security Installation

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Business Description

Mobile Locksmith

Well established Mobile Locksmith for over 17 years. With 700 clients, most of long standing broken down as follows: 560+ commercial clients and remainder residential. Commercial clients include National Real Estate Developers and Property Managers, Housing Developers, throughout Massachusetts, Rhode Island and Southern New Hampshire. In addition, the company is the only service authorized to install and service locks and associated hardware at an International Defense Contractors multiple locations in the companies service area. Emergency Service is provided 24 hours –seven days per week including around the clock lock-out service, 24 hour lock repair service, re-keys, etc.
The company maintains an extensive inventory of new and replacement parts (over $12,000) and hardware which allows them to provide short notice responsive service. These services include installation, rekeying and master keying, re-fabricating frames for electric strikes, panic bars and Adams Rite hardware, hanging magnetic locks, cutting and duplicating most keys and all types of repairs. Installation of door closers, deadbolts, knob sets, mortise locks and CDX10 locks for government approved secure rooms.
The company presently operates with the owner- a master locksmith with over 30 years of experience and one locksmith, an employee with significant experience. All work is fully guaranteed and warranted. Service is charged on an hourly basis plus materials. While the company has a standard competitive hourly rate, it is varied based on location, time of day/day of week, with an up-charge for after hours/holidays and weekends.
The owner is looking to retire but will stay for an orderly transition.
2015 Revenue $286,076 Net Profit of $184,279+

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Equipment and Inventory about $20,000+
Market leader with well established client base
Growth & Expansion:
Potential to expand business with marketing, presently has no web site and does not have marketing plan, other than referrals from clients.
Support & Training:
Will provide transition and Consulting
Reason for Selling:

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Business Listed By:
Burt Bartzoff

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