47-year Locksmith Business – No exp needed -Owner will Train!!

Youngtown, AZ (Maricopa County)

NICE OWNER OPERATED BUSINESS!!
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Asking Price: $99,000

Cash Flow: $64,475

Gross Revenue: $139,000

EBITDA: N/A

FF&E: $50,000

Inventory: $120,000*

Rent: $530 /Month

Established: 1972

*not included in asking price.

47-year Locksmith Business – No exp needed -Owner will Train!!

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Business Description

What an opportunity to learn a business from a master locksmith who has trained hundreds of individuals to be locksmiths. The owner is 82 years old and his wife says “IT’S TIME TO RETIRE”! You will be set up with an impeccably organized business with enough inventory to double your initial investment. Currently the owner works mon-Thursday 9am-12 noon in the shop then does outcalls from 1pm-5pm. This schedule has given him a $65k a year salary working 4 days a week!. You can easily figure what you could make being open just 5 days a week and taking emergency calls!! The reputation from 47 years of service in the Sun City area is worth twice the price alone.AS a buyer you will be taught all aspects of the business and have ongoing support for at least 6 months, you will also get a fully stocked van, and a shop with all the equipment and inventory a locksmith would ever need. If you are looking for a nice independent work life that is set up for your success, you owe it to yourself to give us a call.
For more Information please contact Chris Prasifka TrusT Business Brokers

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
400
Lease Expiration:
12/31/2019
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
very nice well organized retail shop and office, along with a completely stock van for on site calls
Competition:
very little competition in this part of the west valley. His business is very well known and he also has a lot of obsolete locks used in the homes built throughout Sun City that no other locksmith co has.
Growth & Expansion:
A new owner could grow tremendously just by operating more than 8 hours a day 4 days a week.
Support & Training:
Owner had 10 employees back in the day. he is an excellent trainer and will train a conscientious buyer everything they need to be an excellent locksmith.
Reason for Selling:
retiring
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Chris Prasifka

Business Listed By:
chris prasifka

Trust Business Brokers - WEST USA Realty

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Memberships & Certifications:
Indicates membership in The Arizona Business Brokers Association (AZBBA).

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