Metro Area Home & Auto Security Business

Oklahoma
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Asking Price:$365,000
Gross Revenue:$365,474
FF&E:$64,895
Cash Flow:$125,641
Inventory:$21,579
BUSINESS DESCRIPTION

Metro Location | Service and Retail | Essential Business

Owner is wanting to retire 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, established 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.

Contact CBI-Tulsa for more information about this business for sale


DETAILED INFORMATION
Location
Oklahoma
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Essential service business that will always have demand.
Reason for Selling
Retirement
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Dr.
John Sherrill
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Dr. John Sherrill