Locksmith Opportunity

locksmith business for sale

Business Details

Company Profile

Listing ID: VANCOBC002-N508

Location: Metro Vancouver, BC

Type of Entity: Corporation

NAICS: 561622

Industries: Locksmiths

Business Highlights

  • Well established business
  • Customers are primarily businesses, and the Business serves homeowners, too
  • Many repeat customers
  • Represents top hardware manufacturers
  • Government licensed / certified

This is an excellent opportunity to acquire a long-standing, profitable, and highly reputable locksmith business.

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.

Type of Sale: Share Sale

BUSINESS ASKING PRICE

$899,000

Normalized Financial Summary

YEARREVENUESSDEEBITDA
PROJ. FYE 2020 $1,043,000 $357,000 $276,000
FYE 2019 $1,017,000 $362,000 $282,000
FYE 2018 $903,000 $314,000 $235,000
FYE 2017 $843,000 $252,000 $175,000
*EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization
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Metro Vancouver, BC