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Lock and Safe Company - Long Established, Reduced

Fairfield County, Connecticut (Fairfield County)

Services - Other Miscellaneous services | Retail - Miscellaneous Retail

Asking Price $349,000 Inventory $25,000* 
Gross Income 715000 Real Estate  
Cash Flow $148,000 Year Established 1947
FF&E $100,000* Employees 6

* included in the asking price

** not included in the asking price

This well established lock and safe company serves lower and central Fairfield County as well as parts of New Haven County. Staffed with experienced, professional locksmiths the business is licensed, fully insured and bonded. No other locksmith in CT has this kind of long history and excellent reputation for quality service. The sale includes the downtown storefront (at very low rent), three fully equipped trucks and all inventory and machinery. A loyal following among area businesses and institutions keeps things busy but there is always the opportunity to expand with more technicians and larger service area. Locksmith experience is preferred but the seller is willing to train the right buyer. This is a business sector that ontinues to grow and grow. Get in now.

Facilities: Downtown storefront for retail traffic and three fully equipped vans for service and installation calls.

Competition: Lock and safe business is in demand from businesses and consumers looking to protect premises, merchandise and cash. Increases in crime rate keep demand high.

Growth/Expansion: Since most service is provided by technicians working on the customers premises out of company vans, the service area can be expanded

Financing: some seller financing for qualified buyer

Support/Training: Lock and safe experience preferred but will train right

Reason Selling: moving to other ventures

AD # 296535

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