Buy a Business

Advert Ref: 34346

Safe Retailer & Repair/Locksmith For Sale

Details: Asking price:$1,500,000; Sales revenue:Undisclosed; Net profit:Undisclosed; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: This is the largest locksmith shop in the central Washington area. Good large commercial base. There are 6 locksmiths on staff with 2 in the shop and 4 on the road, normally. The shop is for sale due to poor health and retirement. You will need a contractor’s license to operate this business. Lines carried are Medeco, Amsec and Corporate Safe and further the quality of the products that this company is known for along with the services they provide. Call today for all the details.

General information: Years established:45; Employees: 4 Full-Time + 3 Owners; Real Estate: Real Property Included; Location:The 3000 sq. ft. shop plus 4 apartments (approximately 4400 sq. ft.) are owned and included in the sale of the business. The large above shop apartment is leased to an employee and is not included in his salary. The 3 remaining small 1 bedroom apartments are vacant. The lot is 8000 sq. ft. There is also a garage bay for cars to pull in to. The facilities are in good overall condition.; Expansion potential:Aggressive sales person and more advertising would create growth and increase revenue. More advertising and new services and products would expand the business. Possibilities would be engraving, alarm systems, door sales and installation—if a licensed electrician were on staff more possibilities would open up.; Competition / Market:There is some competition in this area.; Support & training:Owner agrees to stay through a reasonable transition period.; Reasons for selling:Partner is ill; eventual retirement.; Financing available?There is no owner financing available.