Locksmith Business Commercial & Residential Accounts


Listing ID: 700348967

Listing Title: Locksmith Business Commercial & Residential Accounts

Quick Link: http://www.globalbx.com/listing.asp?bId=348967

Industry: Business Services

Industry Segment: Locksmiths

Country: United States

State / Province: California

Area Southern California - Los Angeles Area

City: Los Angeles

Asking Price Range: < $250K

Gross Revenues: $150,000

Cash Flow: $85,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2018

Number of Employees: 1 - 3

Business Description:
This single point of contact locksmith business facilitates the security and compliance of door openings. The business has 3 service lines: commercial (35%), residential (40%) and automotive (25%). The Seller has worked hard to build the Company's reputation of quality work, honesty and customer satisfaction. All mobile units are equipped with the latest tools needed to complete the job promptly and correctly. Silver Yelp pages, very strong social media presences and highly optimized marketing campaigns ongoing on all the home services lead generation websites are also included with the sale. Customer conversion rate is 95%+. Network of subcontractors included if the Buyer wants an absentee-ownership situation with lower adjusted net income. Widespread customer base. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Inventory: Included in asking price Employees: 0 Furniture, Fixtures, & Equipment (FF&E): Included in asking price Facilities: Home based business. Competition: Some, nothing crazy. Growth & Expansion: Continue to run marketing campaigns to ensure growth into other markets. Financing: If the price and deal structure is right. Support & Training: 2 weeks, 20 hours per week. Reason for Selling: Retirement.

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