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37752 - Commercial Locksmith Company In Florida For Sale

Jacksonville, Florida, US
Asking Price:
$800,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$554,490 (USD)
Cash Flow:
$274,354 (USD)

Servicing the greater area of Jacksonville, Florida, this company offers mobile locksmith services to recurring commercial, industrial, medical and defense clients. Total Revenues for 2020 reached amounts of $554,490 with Discretionary Earnings recently improving near 50% at $274,354 and EBITDA values of $154,910. With a strong local reputation, over 25 years in the industry, diverse clientele present big growth opportunities, especially with additional hires to meet incoming market demand. The business is ready for new management and is not location sensitive. The sellers are available for a smooth transitioning period. This business is currently owner operated with 2 more employees and would be a great addition to an existing business looking to add mobile services or commercial work to their offerings. Primary services include lock repair and hardware, installation of new doors and frames, electronic locks, and master key changes. Apart from the use of LOCALiQ to drive online traffic towards their website, marketing efforts are minimal and focused on verbal referral sources backed by many recurring customers. With such strong profit margins, this opportunity won’t last long, inquire today!

Property Information

Real Estate:

Lease

Lease Terms:

Holds less than $3,000 in annual tenancies.

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday from 8:30AM - 5PM & 24 Hour Customer Emergency Availability.

Employees:
2 nonunion.
Years established:
1995

Other Information

Support & training:

Available for a smooth Owner Transition period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$54,209 (USD) - included in the asking price
Inventory / Stock value:
$82,774 (USD) - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact IAG

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