This business is part of a locksmith national franchise. The franchiser has a history of over 70 years.

The business utilizes physical security specialists, not just locksmiths, their technicians are well versed in a large array of commercial security work. The highly skilled locksmiths install locks, cameras, access control systems, door hardware or even completely new doors and frames. The technicians work on the entire project to ensure that all components of a customer’s security system are properly spec’d, installed, aligned and coordinated.

The franchisor became the nation’s first physical security specialists, breaking the preconceived notion of what a locksmith actually is. Since inception, the franchise concept has grown into a nationwide, with offices in every major city throughout the United States.

Currently there are over 95+ locally owned franchise locations nationwide with ability to scale larger projects on a national level. Revenue Breakdown for this business is, Commercial 85% and Residential 15%. Key Customers are Property Managers, Owners of Businesses with Multiple Locations, Facility Managers, Maintenance Directors, Long Term Care Facilities, Hospitals, Schools, Retailers with Multiple Entrances, Commercial and Residential Realtors. Suppliers are Lock/Hardware Distributors, both local and national.

Offering Details

Business TypeLocksmith
Annual Revenue381,161
EBIDTA (Discretionary Earnings)13,800
Asking Price90,000
Ref ID#AF150
Seller FinancingYes
FFE29,000
Inventory3,500
LocationKentucky
Year Established2017