Franchise Locksmith with excellent earnings; possible Passive Investment

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  • Primary Category: Locksmith Businesses for Sale

A top franchise commercial and residential locksmiths that is locally owned and operated. Experienced in simple lock rekeys and repairs to complete physical security solutions like access control systems and preventative maintenance programs.

Secured Franchise territory covering Madison, Morgan, Marshall, and Limestone counties!!

Can be a perfect passive investment with management in place.

Financial Information

  • $695,000 Asking Price
  • $141,525 Cash Flow
  • $705,000 Gross Revenue
  • $10,000 Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: Alabama

Financing Comments

  • Possibility of some owner financing.

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2017
  • Home Based: No
  • Franchise: Yes
  • Relocatable: Yes
  • Lender Prequalified: Yes
  • SBA Prequalified: Yes
  • Full-Time Employees: 3
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 40
  • Adjusted EBITDA: $93,677
  • Inventory Included: Yes
  • Inventory Value: $15,000
  • Monthly Rent: $913
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 2
  • FF&E Included?: Yes
  • FF&E Value: $175,000

Training/Support

  • Up to 30 days during transition period

Facilities

  • 540+/- sq ft Two office spaces

Market Outlook/Competition

  • Several in city
Business Listed by
image of Melinda Tsang
Melinda Tsang
Sunbelt of North Alabama
Show Phone Number
Listing ID
HUNTSAL001-47384

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