- 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
- 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.
- 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.