| Asking Price |
$125,000 | Inventory |
$17,000** |
|---|---|---|---|
| Gross Income |
$170,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1987 |
| FF&E |
$5500* | Employees | 2 |
* included in the asking price
** not included in the asking price
The business provides, installs, and services all makes and models of locks, door hardware, safes, video surveillance and security systems. This also includes access control (door) systems and intercom systems. The business has served a broad range of both commercial and residential customers and government facilities. The business also provides automotive lock-out service and other emergency services on a 24/7 time basis. In 2006, Americans spent almost $40 billion on Security services and this industry has been growing steadily at 10% per year since September 11, 2001. Security is a small-business dominated industry. Approximately one-half of the businesses installing security systems have annual revenue of less than $250,000 per year and employ no more than 4 associates. More information is available from National associations such as the Security Industry Association (SIA) at www.siaonline.com , Associated Locksmiths of America (ALOA) at www.aloa.org, the National Burglar & Alarm Association at www.alarm.org. The business owner is a member of ALOA (Association Locksmith of America) and is Certified and Bonded. More details on this business are available after a Confidentiality Agreement is signed by an interested buyer and with the Seller s approval to release the details.
Facilities: The business has always been based from a home office in Central Pennsylvania. The business is very well known in the region. The business provides service via a 1997 Ford E-250 Cargo/Utility van with a retrofit to function as a mobile locksmith sales and service vehicle valued at $5,500. The business does lease space for supplies and parts storage as needed.
Growth/Expansion: A new owner can easily grow and expand this business in both the commercial and residential market by leveraging the reputation of the name and reputation in South Central Pennsylvania.
Financing: The Seller will consider seller financing in the amount of $20,000.
Reason Selling: The owner has personal reasons for selling the business.

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