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Locksmith Business
British Columbia
Other Business Services
Asking Price $699,000 Inventory Not Disclosed 
Revenue $990,000 Real Estate Not Disclosed 
Cash Flow $322,000 Year Established Not Disclosed
FF&E Not Disclosed Employees Not Disclosed
> Glossary of Financial Terms
Business for Sale in Metro Vancouver

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During the COVID-19 pandemic, from March 1, 2020 to May 31, 2020, this business has increased its sales – a rare feat during these challenging times. This demonstrates the resiliency of the business, its status as an essential service, its strong brand, and loyal customer base. This opportunity is very well priced and the purchaser will acquire a reputable, long-standing business, with an established brand presence in its service area complete with a fleet of fully equipped service vehicles and experienced technicians who provide superior service to commercial and retail customers.

The locksmith industry is an essential part of every community. Industry sales are driven by business activity, population growth, income per capita in the local community, construction, and real estate activity. This business is well-located based on these sales drivers.

The ideal purchaser fits one of these profiles: already in the locksmith industry as a locksmith or business owner, or has construction industry experience that includes work with keys and locks.

Business Asking Price: $699,000

Type of Sale: Share Sale

Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $60,000 (Inclusive of Inventory)
Attachments:  Download additional information
Growth and Expansion: Growth opportunities and expansion potential available in a Confidential Information Memorandum, please contact us for more information.
Support/Training: Vendor will provide an agreed period of training and transition to the new owner.
Reason Selling: Vendor is looking to retire.

Business listed by:
Pino L. Bacinello
604.696.6111
 

AD # 106188
The information in this listing has been provided by the business seller or representative stated above. Kazooga has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read Kazooga's Terms & Conditions before responding to any ad.
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Business listed by:
Pino L. Bacinello
604.696.6111
 



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