Locksmith and Security Distribution Business
Off-MarketGlen Burnie, MD
Locksmith And Security Distribution Business
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$1,100,000
$300,000
27.3%
1985
30+ Days
Customers
Services include locks, security systems, access control, automotive keys, programmed fobs, and safe work. The business serves both retail and residential customers, as well as commercial properties.
Customer Acquisition
The company previously conducted marketing through Facebook and Google but has not advertised in a couple of years. The business previously employed a salesman and experienced strong growth during that period, but currently has no active sales department.
Team
The current team consists of approximately 10 employees.
Owner's Role
The owner previously handled all aspects of the business but is transitioning to an absentee owner model, visiting a few times per week for morale and organizational purposes.
Reason for Selling
The owner has been in the locksmith business for 42 years and is looking to retire. He is seeking to pass the business on to someone younger with new ideas and a passion for the industry.
Contracts
No
Real Estate
The business operates from an owned showroom and warehouse in Maryland, which could be included in the sale.
When Are You Looking to Sell
ASAP
Licenses Required
No
Business ID: 1820
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