Thriving Locksmith Business in Tampa Bay Area – High Growth, Turnkey

Clearwater, FL
Tampa Area Locksmith Business
Asking Price:$333,800
Inventory:$47,000
FF&E:$75,000
Gross Revenue:$199,000
Rent:$1,595/Month
Established Year:2006
BUSINESS DESCRIPTION

Your Key to Success: Step into ownership of a highly profitable locksmith business with a proven track record since 2006. Located in the vibrant Tampa Bay area, this business offers the perfect combination of stability, growth potential, and a seamless transition for the new owner.

Unmatched Transition Support:
Purchase at the full asking price and enjoy the current owner's expertise free of charge. The current owner is willing to work at no charge until March 3, 2027. Work alongside a seasoned professional for up to 30 hours per week, ensuring a smooth handover of knowledge, operations, and customer relationships.

Outstanding FY2024 Performance:
Gross sales are projected to close at $199,000, with net profits up by $30,000 compared to the previous year, thanks to strategic cost-cutting measures, including a $20,000 reduction in advertising expenses.

Why This Business Stands Out:
Loyal Customer Base: Over 7,500 active clients in the database, including detailed records of master key systems, automotive work, and keying information for vehicle VINs.
Comprehensive Equipment Package: Includes a 2013 Mercedes Sprinter, enclosed cargo trailer, and advanced tools like the HPC 1200, Bravo II, CNC key machines, SmartBox, SmartPro, and more. Vehicle, tools, and equipment value exceed $75,000.
Extensive Inventory: Over $47,000 in inventory, ensuring a strong operational start.
Prime Location: A well-appointed storefront in Tampa Bay with a strong walk-in client base.

Unparalleled Growth Opportunities:

Expand into untapped markets such as:
European automotive services
NASTF-required vehicle key generation
Security cameras, alarms, and safes

Compelling Value Proposition:
Fully documented customer and pricing records
Strong branding, including logo-etched keys, branded commercial locks, and high visibility in the community
Flexible pricing: Listing price decreases by $2,400 weekly, with 2 fewer days of free labor included as time progresses.

Act Now – This Opportunity Won’t Last:
Don’t miss this chance to own a thriving locksmith business with a loyal customer base, comprehensive operational support, and significant growth potential. Operations will cease on May 19, 2027, so act quickly to secure this incredible opportunity.

Serious inquiries only. Further details available upon signing a non-disclosure agreement (NDA).


DETAILED INFORMATION
Location
Clearwater, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2013 Mercedes Sprinter with about 104,000 miles. An enclosed cargo trailer with moving dollies and pallet jack. Tools include 3 HPC 1200, 2 Bravo II, 4 computerized sidewinder machines, SmartBox, SmartPro, MVP Pro with Smart Dongle, other programmers. Lishi tools for almost all automotive and a good selection of residential / commercial locks. Many other tools such as Accureaders, Determinators, PIN code tools, etc.
Competition
This is the closest locksmith store in 7 miles.
Growth & Expansion
Growth potential if willing to expand into European automotive, NASTF-required vehicle key generation, cameras, alarm systems, safes. This work currently gets turned away.
Financing
Open to different options.
Support & Training
Free support and training, 30 hours per week, 50 weeks per year until March 3, 2027 if the full asking price is met.
Reason for Selling
Owner is retiring from this company on May 18 2027.

BUSINESS LOCATION
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Gilles Deacur
Gilles Deacur