Listing ID: 81418
• Long Established, very profitable Locksmith, Camera, and Alarm business provides a steady on-going cash flow with monthly re-occurring business and further growth potential.
• A business of this quality is hard to find with owners retiring. This one won’t last long – act fast!
• Specializing in residential and commercial sectors for safe opening, repair, custom surveillance systems, video, and service work.
• Room to grow – Huge Upside Potential – Could increase sales/profits by adding (products/services).
• Consistent sales/profit growth for years, exceptionally well established.
For more information including a detailed confidential opportunity summary with financial information and photos, please call Tim Canale with Sunbelt Business Brokers at (702) 829-6254 or email for a non-disclosure agreement to quickly receive the package at email@example.com
- Asking Price: $2,295,000
- Cash Flow: $266,000
- Gross Revenue: $1,900,000
- EBITDA: N/A
- FF&E: $295,000
- Inventory: $110,000
- Inventory Included: Yes
- Established: 1996
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,400
- Lot Size:N/A
- Total Number of Employees:11
- Furniture, Fixtures and Equipment:N/A
The Sellers will provide a weekly period of 40 hours of training and orderly turnover to the new owner over a period of 30-90 days after the close of escrow. Additional training/consulting can be made available from the Seller, if required, for an additional fee. Sellers Interested possibly staying on with company.
The venture was established in 1996, making the business 26 years old.
The transaction will include inventory valued at $110,000, which is included in the suggested price.
The business has 11 employees and is located in a building with approx. square footage of 3,400 sq ft.
The real estate is leased by the company for $7,249 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell businesses. However, the true factor and the one they say to you may be 2 entirely different things. As an example, they may claim "I have a lot of other responsibilities" or "I am retiring". For lots of sellers, these factors stand. However, for some, these may just be justifications to try to conceal the reality of transforming demographics, increased competitors, recent decrease in earnings, or a range of other factors. This is why it is really vital that you not rely entirely on a vendor's word, but instead, use the seller's solution in conjunction with your overall due diligence. This will repaint a more sensible image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans with the purpose of covering things like stock, payroll, accounts payable, and so on. Remember that sometimes this can suggest that earnings margins are too tight. Numerous organisations fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that need to be fulfilled or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area attract new customers? Many times, companies have repeat clients, which develop the core of their day-to-day earnings. Particular factors such as brand-new competitors sprouting up around the area, roadway building, and also staff turn over can influence repeat customers and also negatively impact future profits. One essential thing to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the higher the possibility to develop a returning client base. A final idea is the basic area demographics. Is the business located in a largely inhabited city, or is it located on the outskirts of town? Just how might the neighborhood mean house earnings impact future income potential?