Money Making Locksmith

Financial Information

  • Asking Price: $50,000
  • Gross Revenue: $757,555
  • Cash Flow: $55,430
  • Down Payment: $50,000
  • FF&E (Included): N/A
  • Inventory: $30,000
  • Financing: No

Business Location

  • Confidential
  • California
Primary Business Category: Locksmiths

Established lock and key business for sale in Riverside County with the following competitive advantages: National brand name, strong Google presence and an excellent reputation. Retail location as well as mobile services throughout Riverside and surrounding communities. They have many long-term commercial customers including those in the following industries: insurance company for road services, automotive dealer, commercial and residential property management, manufacturing, retail, homeowners, court system and storage facilities. Their road service includes fuel delivery, tire changes, jump starts and car door unlocking. The Company serves approximately 1,000 customers each month.The business is priced below market as the sellers are very motivated and they will carry a seller note to a suitable buyer. Seller and the Franchisor will train. Franchisor actually prefers buyers who do not have locksmith experience so that they can be properly trained in the best practices of the industry. The company has four capable employees and is very high-tech with a high security key cutting machine, proprietary dispatch system, fingerprint time clock and VOIP phone system.The Company has the highest number of reviews and the highest ranking against all of their competitors with over 250 five star reviews. Upside potential is significant in that their territory covers 41 zip codes with a population of over 2.7M, so satellite offices could be opened in adjacent cities.


Competition Description


Growth / Expansion overview


Support / Training Comments

Owner will provide training and transition


Financing Comments


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 2006
  • Franchise: No
  • Year Acquired: 2006
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 6
  • Part time Employees: 3
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $14,000
  • Building Size: 1500 sq ft
  • Monthly Rent: $1,383
  • Lease Expires: 07/31/2019

Similar Business for Sale

Member Based Discount Program, Attractions, Travel, Entertainment and More

California NEGOTIABLE

This long established internet based Company is very profitable due to a talented and loyal team, with an average tenure of over 12 years, that run the business with minor oversight by the mostly absentee owner. This member based business offers a comprehensive discount program to businesses and or...

View Business

Residential Landscaping Service Company

California $65,000

What is being offered for sale is the profitable Maintenance Division of a Landscape Contracting company. The Maintenance Division has 115 long-term customers with service contracts in place. All the customers are located in SW Riverside County. The Contracting Division of the seller currently do...

View Business

Sign Up For Our Free Business Insights

    Subscribe to receive valuable buyer information, seller information, or information on both.
  • This field is for validation purposes and should be left unchanged.


Sunbelt is proud to be the world’s largest business brokerage network. Each of our offices is independently owned and operated by an experienced and professional owner who lives and works in the community in which they operate.