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Asking Price$100,000
Revenue$72,304 Established1985
Cash Flow$45,568 EmployeesUndisclosed
FF&E$22,480 FranchiseNo
Inventory$11,250 RelocatableYes
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
63% profit margin with over 200 clients and room to expand. Over half of the clients served in this business are longstanding corporate accounts that want to stay with a locksmith business they feel they can trust. Winning the prestigious Super Service Award on Angie’s List for 4 years, this locksmith business has significant experience with both residential and commercial services, ranging from simple rekeying to sophisticated digital business systems as well as a complete range of safe services for every type of safe. This turnkey business is operated as a mobile only business, which offers the owner the ability to operate the business from anywhere within the Omaha/Council Bluffs Metropolitan area and have the flexibility to set their own hours and not worry about maintaining a storefront. Although this business is already successful, a new owner could further expand the business by offering vehicle locksmithing services and expanding their on call availability. In the first year, after all debts and expenses are paid, a buyer with a down payment of $10,000 would profit $229,649. This represents a 296% return on investment. Financial Overview List Price: $100,000 Gross Sales 2015: $72,304 2014: $111,901 2013: $96,667 2012: $93,038 Owner Profit/Cash Flow 2015: $45,568 2014: $67,892 2013: $53,240 2012: $58,957 Profit Margin: 63% Multiple: 2.8*Multiples range from 1-5, with the average being 3 Valuation: 2015 Cash Flow x Multiple = Price $45,568 x 2.8 = $127,590

Reason for Selling: Moving out of state
Personnel: 1 Subcontractor
Hours: Mon.-Fri. 7:30AM-5:30PM, some on call
History: Opened in 1985, current owner purchased from family member in 2010
Support to Buyer: 90 Days
Additional Information: Year Established: Opened in 1985, current owner purchased from family member in 2010 Location and Service Area: Metro Omaha/Council Bluffs Number of Clients: 200+, several corporate accounts Reason for Selling: Moving out of state Employees: 1 subcontractor Hours: Mon.-Fri. 7:30AM-5:30PM, some on call Seller Training Period: 90 days Growth Opportunities: expand into automotive locks, increase on call availability Current Owner’s Responsibilities: Owner/ Operator For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.
Competition:Monopoly on several safe services, sole referral point for several safe manufacturers
Growth Potential:expand into automotive locks, increase on call availability
Training/Support:90 days
Seller Financing:10% Seller Financing
Sale Reason:Moving Out-of-State
Ad #79760
Seller Reference #SER024
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Contact This Seller
Cortney Sells
The Firm Business Brokerage
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