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Turnkey Locksmith Shop

Regional Municipality of Waterloo, ON, CAN
Updated 1 day ago
Established 2003

This business been providing residential and commercial locksmith services for over 25 years, establishing long-term relationships across residential, commercial, and industrial sectors. The 24-hour emergency mobile service ensures support whenever clients need assistance, regardless of location within surrounding regions.

Business Is

Relocatable

Internal Id

20260205

Growth & Expansion

This company has relied on reputation, repeat customers, and inbound emergency calls, with little to no formal sales or marketing strategy in place. This presents several practical opportunities for a new owner to grow the business without changing its core operations, e.g. - creating a website, social media and online presence, targeting commercial and property management relationships.

Support & Training

Present owner will transition a new owner for up to one year if required.

Facilities & Assets

800 sq. ft. with offices and storage. The business operates under a month-to-month tenancy. Current base rent is $1,300 per month. During winter months (October through May), rent is $1,450 per month, which includes heat. The landlord has indicated a willingness to negotiate a new lease with a qualified purchaser.

Number Of Employees

1 plus owners

Market & Competition

The company's dedication to quality service and customer reassurance makes it a trusted name in the area's locksmith industry, supporting clients with timely, expert solutions for all security challenges.

Real Estate Included

No

Reason for Selling

Retirement

Financials

Asking Price
$400K
RevenueMost Recent Year
$250K
Earnings (SDE)Last Reported
$71K
Assets Value
Undisclosed
Seller Financing
Not available

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