Wisconsin Lock & Security Company
Wisconsin
| Asking Price: | $322,612 |
| Gross Revenue: | $232,789 |
| FF&E: | $56,151 |
| Established Year: | 1990 |
| Cash Flow: | $104,388 |
| Inventory: | $88,910 |
| Real Estate: | $325,000 |
Listing ID: 2317995Listing provided by BizBuySell
BUSINESS DESCRIPTION
Sellers pending retirement is your opportunity to own a popular and profitable lock and security company located in Wisconsin. The company, founded in 1990, provides alarm systems, burglar alarm systems, lock and locksmith, safes, vaults, security systems, camera systems and card readers to their community and surrounding area.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Wisconsin
Inventory
Not Included in asking price
Real Estate
Owned
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Well design retail store front for servicing typical lock and locksmith sales along with displaying safes, security and camera systems. The build is available for lease at $1,850 month plus utilities and share of real estate taxes and building insurance. Or own the building an enjoy $1,300 in rents monthly from the two 2 bedroom apartments upstairs.
Competition
No direct street level competition nor 30 mile radius from this business location. The company name and reputation has been established and is recognized as the leader in the markets it serves.
Growth & Expansion
The security portion of the business has a tremendous opportunity for growth. Currently the business installs systems and receives funds for monitoring. 2024 revenue from monitoring was $29,621. This portion of the business is explosive and could easily be spun off with its own team and installers.
Support & Training
Seller is willing to train and consult and would be willing to stay on as an employee for a designated period of time.
Reason for Selling
Planning for retirement.
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