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#72535AG - Houston Area Locksmith, Commercial/Residential Sales & Svc.; Texas

Business Description:


Commercial and residential locksmith providing key, safe, and access management solutions to the greater Houston area since 1980. Ideally located retail storefront and workshop on .2 acres of company owned property near a high-traffic intersection in a densely populated area. In-house team of licensed locksmiths provides on-call and after-hours lockout services, installation and repair for an extensive range of physical and digital lock and access control systems for home, business, and auto, safe opening and recombination, and key making services. The Company also specializes in keyless entry, transponders, and remotes for cars, trucks, RVs, boats, and motorcycles. 65% service revenue, 35% retail sales. Service revenue is 75% commercial and 25% residential or walk-in customers. Seller plans to retire after transitioning the company to new ownership. Sale includes all operating and real estate assets of the business.

Refer to File # 72535AG. Please respond with your name, email and mailing address and telephone/fax no. (s) so we may send a confidentiality agreement.

LISTING PRICE;

Gross Revenue: $ 844,498

Cash Flow: $ 155,420

FF&E $ 453,299

Inventory: $ 60,038

EBITDA: $ 155,420

Real Estate: Owned

Included in Sale: Yes

Primary Business Type: Business Services, Locksmith

Secondary Business Type:

Year Established: 1979

Employees: 2FT, 6PT

Support & Training: Negotiable

Reason for Selling:

Office Reference ID: #72535AG

Contact : Charles Harvey

Email: ae@ibectx.com

Phone: 512-310-2966














Photo: Key Collection Photographer: Michael Coghlan Licenses: Attribution 2.0 Generic



"Texas Real Estate Commission Information About Brokerage Service",

"Texas Real Estate Commission Consumer Protection Notice."