Revenues $421,000. Cash Flow $180,000
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This established locksmith and service business has been proudly serving Ventura and surrounding areas for over 30 years. With a distinctive retail location in a highly visible area.. Known for its exceptional customer service, the business caters to a wide range of clients, offering both in-store assistance and scheduled service calls. Its well-stocked inventory allows it to promptly meet the needs of residential customers, property management companies, dealerships, and more. The seller runs the shop with a part time employee and 1 full time employee makes field calls with the fully outfitted company van.
Location:Ventura County, CA
Inventory:Not included in asking price
Employees:2Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:The current lease rate is $1,000 per month, with additional CAM fees of approximately $100–$150 per month. The landlord is willing to create a new lease for the new owner, which will include an option to renew.
Financing:The seller will hold a sellers note a portion of the selling price for a qualified buyer.
Support & Training:Hit the ground running. The seller will train the buyer on all aspects of the business.
Reason for Selling:Retiring
Company was founded on 2008. The business provides premium green and traditional termite inspections and repair for residential and commercial properties in the greater Los Angeles and Ventura area. The business is run and managed by the owner. There are four full time inspectors that do quotes and also service and do minor repairs on the properties. Subcontractors are used for larger wood work and repairs. 30% of the business is on real-estate transaction and 70% is from customers contacting the business directly to fix termite problems.
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