Turnkey Locksmith Business
Established locksmith business specializing in automotive, residential, and commercial services, including advanced key programming and high-end lockouts. The company is well-positioned for growth through increased marketing and dealer relationships.
This sale includes a fully equipped 2019 Nissan NV200 service van, AutoProPAD programming machine, electric key cutting machine, manual key cutting machine, duplication machine, and a full suite of tools for auto, residential, and commercial lockout needs—essentially a complete mobile locksmith shop ready to operate from day one. Assets total approximately $45,000 in value.
The business is supported by a skilled full-time technician with 10+ years of experience, who is willing to take on all operating hours to expand his role. This provides a buyer the option of semi-absentee ownership or hands-on involvement.
The current owner works just ~20 hours per week on an on-call basis, creating an excellent work-life balance while maintaining a steady income. Currently operating with no marketing, only Google reviews, with the right investment in marketing (Google ads, SEO, dealership expansion), revenues could grow substantially.
Buyer can operate under the seller’s license during the licensing process (typically 6 months). Seller is willing to provide training and transitional support.
Financials show a dip in 2022-2023 because the owner took an extended time off to travel and worked only part of the year; performance has normalized since.
Highlights:
• Assets Included: ~$45,000 (Van, AutoProPAD, key cutting machines, full locksmith toolset)
• Staff: Owner-technician and 1 experienced full-time technician, willing to expand hours
• Flexible ownership model: owner-operator or semi-absentee
• Growth potential with marketing & dealer account expansion
Financials (USD)
Asking Price $154,987
Cash Flow $141,910
Sales $162,754
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? No
Willing to co-broke? Available On Request
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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