locksmith and lock shop

Torrance, CA (Los Angeles County)

locksmith and lock shop
Contact Seller

Asking Price: Get Financing: $279,000

Cash Flow: $126,000

Gross Revenue: $420,000



Inventory: $18,000

Lease Rate: $3.25 /SF/Month

Established: 1972

locksmith and lock shop

Get Financing Save Print Share Valuation Report

Business Description

A full service, residential, commercial and automotive locksmith and lock shop. An upscale business in an upscale area. Prime Torrance. Homes in the area selling from $1-6 million. Serving the entire South Bay/Palos Verdes areas.
High security residential & automotive key machines, laser cut machine, key code machine and transponder all in place for you. Offering keyless entry, card access control, electronic locks, biometric locks, marine locks, safe sales & installation, lock outs, keys, +++.
Business established over 40 years. Seller finally wants to retire.
Open 6 1/2 days, 8:30AM-5:30PM, 24/7 mobile service. Shop run with 1 employee and 1 owner.
Here is your chance to own a long established, well respected locksmith. Move right in with your license and make good money here. 2 strong web sites included, both put you on the first page of Google searches.
A full size Chevy van included. Van fully equipped with custom cabinets & lights. 4 key machines, inverter, high security, Mul T Lock, & 2 HPC machines.
If you are a locksmith, come see all you get here.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Approx. 500 Sq Ft with low rent of $1,625/month, NNN included. Fully equipped shop and van included in your purchase. Located in a large shopping center, prime South Torrance, with very ample parking.
Limited competition in the area.
Growth & Expansion:
Seller was doing over $650,000/year volume just a few years ago. As he got older, he stopped advertising and promoting the business. You might get back to those levels with proper management and business exposure..
submit your best proposal
Support & Training:
Seller will train you at no additional charge. If you are a licensed locksmith, please take a look at this one. Call Steve for a tour of the shop.
Reason for Selling:
After many years, seller wants to retire and relocate.
Contact Seller

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Stephen Holzberg

Business Listed By:
Stephen Holzberg

Steve Holzberg

Show Phone Number

View My Listings

Listing Statistics for Premium Members

Ad#:1341428 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings