Highly Profitable Locksmith Business Serving the Bay Area

Listing Number: 012722-912551

Description

Transworld Business Advisors of Fremont DRE# 02194963 presents:

Established in 1976, this locksmith business has been providing service and installation of lock sets, panic devices, door closers and other lock and door related products to customers all over the Bay Area. The owner is retiring after 34 years in the business.

Known for their outstanding quality of work and low prices, the company gets all of its business from referrals and repeat orders from existing customers. They primarily serve property management companies as well as commercial and industrial clients - both large and small.

The exceptional equipment package consists of key machines, tools, jigs, van kits as well as 3 vans - collectively valued at over $80K.

Although the business is already doing very well, the new owner can grow the business further by adding in-demand services like Access Control and serving other customer segments such as Automotive and Residential.

Some seller financing may be available for qualified buyers at the owner's sole discretion.

Agent: Shailendra Gupta DRE# 02169356

Listing Details

• Price: $ 1,148,000
• Down Payment: $748,000
• Sellers Discretionary Earnings: $ 410,321
• Total Sales: $ 998,721
• Location: Santa Clara County, California


• Inventory: $ 5,000
• FF&E: $ 82,590
• Employees: 4
• Year Established: 1976
• Reason for Selling: Retirement
• Category: Locksmith