Locksmith Business

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Locksmith Business

Locksmith Business

Category : Business

Price : $799,900

Business Highlights

  • Approx. SDE: $275K
  • Established Operations: Established business operating in a recession-resistant industry.
  • Comprehensive Security Services: Services include installation and servicing of locks, access controls, and security hardware.
  • End-to-End Safe Services: Customers receive complete safe services, including safe selection, combination changes, and opening services for commercial and residential safes across major brands.
  • Pricing Power: Distributor of major manufacturers of high-security locks and key systems.
  • Established ERP System: Proven ERP software enables effective operational management and control.
  • Recurring Revenue: Approximately 50% of total revenue, representing about $1M, is recurring over the long term due to proprietary rights associated with the locks.
  • Strong Online Reputation: 250+ Google reviews with an average rating of approximately 4.6 stars.
  • Experienced Management Team: Established management structure in place, supported by a team of 10 employees.

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