Profitable Key & Lock Service

Arlington County, VA (Relocatable)

Profitable Key & Lock Service
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Asking Price: $1,749,500

Cash Flow: $505,501

Gross Revenue: $1,703,974

EBITDA: $567,310

FF&E: $303,981

Inventory: $60,831

Rent: $6,400 /Month

Established: 1986

Profitable Key & Lock Service

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Business Description

Key & Lock Service Company-good cash flow-good ebitda-Profitable

Family-owned key & lock service. Good cash flow. Good EBITDA. Ready for new owner.
Contact: Harrison R.T. Davis
for additional information
703-300-9883 office 202-644-0523 cell
we work nights & weekends when needed.
SBA Financing Available: a.)85% loan to value, b.)15% cash down payment, and c.)a term of up to 20 years and d.)interest rate at approx. 4%.

Detailed Information

Location:
Arlington County, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
7/15/2025
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The real estate upon which the building sits is NOT included in the sale price. The owner of the business also owns the real estate and will give the new owner of the business a lease to be negotiated by the parties-to be satisfactory to business purchaser.
Competition:
just a very few smaller "competitors" who are not organized.
Growth & Expansion:
we suggest radio and television spot advertisements & parking lot handouts. The current budget for advertising is $8,487.93.
Support & Training:
The owner trains his staff and will train the new owner and assist in the transfer of the business to new ownership. Purchase can be financed with SBA, family & friends, cash on hand, Kabbage.com, Lending Tree, 2nd mortgage on house, etc. and/or other assets, Axos Bank, BBT Bank
Reason for Selling:
retiring
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Harrison R.T. Davis          NEW YORK BUSINESS BROKERS

Business Listed By:
Harrison R.T. Davis

NEW YORK BUSINESS BROKERS

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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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