Listing Details:

  • Business Category:    Locksmith
  • Business Price:           $240,000
  • SDE:                              $98,352
  • Inventory:                    $49,079 included
  • FF&E:                            $50,742
  • Real Estate:                 Lease is available, or business can                                                            be relocated
  • Support & Training:     4 weeks              
  • Reason for Selling:      Retirement       

Business Description

  • Consistent Revenue & Profit Lock & Security Business.
  • Solid list of clients, Residential/Commercial/Government/Auto.
  • No large customer concentration
  • Owner/Operator opportunity
  • Located in a Minnesota Lakes area, with a growing population.

Detailed Information

  • Located in the Regional Center City of Willmar, MN - Gateway to Lakes
  • Located in a business friendly & growing city, with 21st Century manufacturing & a global attitude.
  • High Gross Profit business (over 75%)
  • Cash Flow ~$100k
  • Great local reputation, involved with Community
  • Local College with 5500 students
  • Located on well-traveled two US highway & two State highways.
  • Services offered:
  • Broken Key Extraction, Cabinet Lock Services, Emergency Services, Gate Lock Services
  • Safe Locksmith Services, Key Duplication, Lock Changing, Lock Repair, Rekeying
  • Lock Installation, Electronic/Smart Lock Installation
  • Vehicle Lockouts, Building Lockouts
  • Commercial Services
  • Garage Door Lock Services, Intercom System Services, Key Pad Services, Mailbox Lock Services
  • Residential Services, Security System Services


Established, well maintained & updated. Current owner is a local multi-unit operator with good reputation. Currently operated by Seller with FT & PT employees.


This business is the best known, locally owned & operated, customer & promotion oriented. In the area, there are a couple Mom & Pop operators.


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