Locksmith
Active
Very Profitable Locksmith Business Virtually No Competition
Grayson County, Texas, United States
Asking Price$295,000
Revenue$220,601
EBITDA-
Cash Flow$134,454
Description
This business is a licensed and insured, full-service
locksmith company based in Van Alstyne, Texas. They provide reliable residential, commercial,
and automotive locksmith services across North Texas, including Collin, Grayson, and Fannin
Counties.
Key Services:
• Automotive: Emergency lockouts, car key replacement, key fob programming,
transponder keys, and more.
• Residential: Rekeying and repairing home locks, deadbolt/smart lock installation, and
emergency lockouts.
• Commercial: Rekeying after employee changes, lock system upgrades, and business
lockout services.
• General: 24/7 emergency response, lock installation, and repairs using modern
equipment.
With 466 five-star Google reviews, this business has built a strong reputation for
fast, professional, and honest service with no hidden fees. The family-owned business
emphasizes community-oriented, affordable solutions for both routine and urgent lock-and-key
needs in the North Texas area.
Real Estate
Leased
Furniture Fixtures & Equipment
$35k
Inventory
$50k
Year Established
2016
Reason Selling
Retiring
Facilities & Assets
Office has 1 Year Lease $500 Per Month
Support & Training
The owner will provide 4 weeks of free onsite training as well as up to 6 months of free phone consulting on an as-needed basis. Owner is willing to let new owner with basic locksmith license operate under the current owner's license for one year for a fee, allowing the new owner to meet the license requirements for an owner.
Market & Competition
Closest competition is 30 miles away and has higher cost and does not respond as quickly.
Growth Opportunities
Unlimited Growth Potential with Additional Marketing and Adding More Technicians. Could expand to More Metropolitan Areas, Add a Night Shift, Offer Safe and European Car Key Service
Business listed by
Best Biz To Buy LLC
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