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Agriculture · Service Businesses

National Franchise Locksmith Services

KY

Asking price
$90,000
Cash flow
$14,000
Revenue
$381,000
Multiple
6.4×

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About this business

This enterprise operates under a well-established locksmith franchise with a legacy spanning over 70 years. It employs physical security specialists who are adept in various commercial security tasks, including the installation of locks, cameras, access control systems, and complete door systems. The skilled technicians oversee projects to guarantee that all elements of a security system are accurately specified, installed, and integrated. This franchise pioneered the concept of physical security specialists, reshaping the traditional locksmith role. With a presence in major cities across the U.S., there are currently over 95 locally owned franchise locations capable of managing large-scale projects nationwide. The business's revenue is primarily derived from commercial clients (85%) compared to residential clients (15%), catering to property managers, multi-location business owners, facility managers, maintenance directors, long-term care facilities, hospitals, schools, and realtors. Key suppliers include local and national lock and hardware distributors.

Details

EBITDA$14,000
Inventory$4,000
Furniture, fixtures & equipment$29,000
Real estateLeased
Established2017
LocationKentucky

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