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Established Lock & Security Solutions Franchise

Milwaukee, WI (Milwaukee County) (Relocatable)

Seller Financing Available
Established Lock & Security Solutions Franchise
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Asking Price: $159,000

Cash Flow: $14,000

Gross Revenue: $207,419

EBITDA: N/A

FF&E: $7,500

Inventory: $7,500

Rent: $825 /Month

Established: 2017

Established Lock & Security Solutions Franchise

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Business Description

New and Highly Rated National Franchise on Entrepreneur 500 List 2019

Advantages:
- This 2-year old franchise is prepared to take-off.
- Be part of a new and rapidly expanding national franchise
* Changing the culture of the security and locksmith industry
* Providing support and national account sales
* No locksmith experience necessary to run and operate
business
* Work closely with other business-minded men and women,
not lock-shop operators
- No retail storefront necessary
- Established local and national client list

Business Operations:
- Locksmithing Services
- Access Control
- CCTV sales, repair, and installations
- Door and frame installations/repairs
- Safe sales, repairs, and installations

Business includes:
2 - $20,000 fully equipped, branded service vans
$7,500 of sell-able inventory
$7,500 of FF&E
Favorable Lease

Detailed Information

Location:
Milwaukee, WI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
875
Lease Expiration:
4/30/2022
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 70-year-old locksmith business was founded in Boston, Massachusetts by a World War II Veteran and Pilot in 1946, and subsequently handed it down to his sons. They, along with the third generation, now run the company with a synergistic combination of old world locksmith experience and new world technology. The family recognized the demand for a nationally branded locksmithing service, and decided to take the business nationally through franchising in 2015.
Competition:
Large national footprint / locally owned and operated with the largest locksmith infrastructure in the nation.
Growth & Expansion:
In 2017, the purchased territory included 1,208,844 in residential population and 47,191 in commercial establishments. The territory is positioned around a very explosive infrastructure expansion that has caused exponential growth in both residential and commercial population in the past two years and the foreseeable future.
Financing:
Upon Qualification
Support & Training:
4 weeks
Reason for Selling:
life change
Franchise:
This business is an established franchise
Business Website:
http://www.flyinglocksmiths.com
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Contact the Seller

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Eric Stewart

Business Listed By:
Eric Stewart

Transworld Business Advisors of Milwaukee

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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