Established Locksmith Business For Sale

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Asking Price:
$110,000

Gross Revenue:
$115,000
Cash Flow:
 Not Disclosed
EBITDA:
$75,000
Inventory:
$25,000
included in asking price

FF&E:
$40,000
included in asking price

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Business Description

Locksmith Business For Sale! Great opportunity be your own boss and own and operate a small business located in Middlebury. Be one of the only locksmiths in Addison County. Current owner is retiring and is willing to train an inexperienced buyer. Business has great potential to expand current services and add additional services to increase revenues.

About the Business

Year Established:
1975
Number of Employees:
1
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,000
Lease Rate/Sq. Ft./Yr.:
$7.00
Facilities:
Business assets for sale include: extensive customer list, business name, locksmith specific tools/machines, inventory, mobile unit van, computer with industry specific software, furniture & fixtures, website, phone number, reference books, training, and goodwill. Tangible assets valued at over $65,000.

Desirable lease terms for current space can be negotiated with landlord as part of the transaction or business could be moved to a new location.
Website:
www.middleburysafeandlock.com/
Market Outlook/
Competition:
Be one of the only locksmiths in Addison County. Business has great potential to expand current services and add additional services to increase revenues. Business is centrally located in Middlebury and serves all of Addison County and can service Chittenden and Rutland County.
Growth & Expansion:
Multiple areas of the business can be expanded including automotive, security systems, safe lock smithing, and more.
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About the Sale

Reason For Selling:
Owner to retire
Training/Support:
Owner willing to train inexperienced buyer. Time frame to be negotiated.
Seller Financing:
For Qualified Buyer

Listing Info

ID:
1331880
Ad Detail Views:
100

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Business Listed by

Bryan Phelps

Stonewell Properties, LLC

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U.S. Census Data for Addison County, VT
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Addison County, VT
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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