Details

Metro Location | Service and Retail | Essential Business

Owner is retiring and confidentially offering this long established and well known, commercial, home and auto security business for sale to the right candidate. The business has provided his family a solid and consistent income for many years and shows no signs of slowing. In fact, in the past five years, leading up to 2021, average revenues in the U.S. locksmith industry rose 3.5% to total $2.8 billion. In 2021 alone, revenue for the industry is anticipated to grow 4.4%!

This long-standing shop is centrally located and positioned for growth in a large metropolitan area with few competitors in an evolving and growing industry. It has a recognizable name and a great reputation built over many years. Revenue growth can be accomplished by hiring another locksmith, adding hours, increasing advertising, or even adding another location. Owners say for every hired locksmith there are enough jobs currently turned down to cover them.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.