OFF-MARKET – LA Locksmith 50-50 Commercial-Residential for Sale

LA Locksmith Biz 50/50 Commercial/Residential Accounts

Los Angeles, CA (Los Angeles County)

Seller Financing Available

Zip Code:  90028

Asking Price:

$125,000

Cash Flow:

$85,000

Gross Revenue:

$150,000

EBITDA:

N/A

FF&E:

$3,000

Inventory:

$0

Established:

2018

Business Description

This single point of contact locksmith business facilitates the security and compliance of door openings. The business has 3 service lines: commercial (35%), residential (40%) and automotive (25%). The Seller has worked hard to build the Company’s reputation of quality work, honesty and customer satisfaction. All mobile units are equipped with the latest tools needed to complete the job promptly and correctly. Silver Yelp pages, very strong social media presences and highly optimized marketing campaigns ongoing on all the home services lead generation websites are also included with the sale.

Customer conversion rate is 95%+. Network of subcontractors included if the Buyer wants an absentee-ownership situation with lower adjusted net income.  Widespread customer base. NDA is required {BELOW} for comprehensive Confidential Information Memorandum crafted by ProNova Partners.

Detailed Information

Inventory:  Included in asking price

Employees:  0

Furniture, Fixtures, & Equipment (FF&E):  Included in asking price

Facilities:  Home based business.

Competition:  Some, nothing crazy.

Growth & Expansion:  Continue to run marketing campaigns to ensure growth into other markets.

Financing:  If the price and deal structure is right.

Support & Training:  2 weeks, 20 hours per week.

Reason for Selling:  Retirement.