Last Revised: 9/20/19. Posting #: 10249098
Key Words: locksmith, locksmiths, lock smith, lock, locks, franchise
Financial Info: Asking Price: $258,000 / Seller will consider all offers. Gross Sales: $189,996. Seller's Discretionary Earnings: $73,781. Equipment Value: $30,725. Franchise transfer fee of $8,000 not included in listing price.
Profile: A fantastic opportunity exists to own the Connecticut location of the most well-known locksmith franchise in the nation. The business was started in 2005 and is based centrally in Hartford County. Excellent online reviews reflect the customer service-oriented business model that has driven the success of this business, and its reputation for reliability. The business utilizes Google Adword campaigns and the franchise’s website to maintain an online presence which provides a significant source of new business. There is excellent growth potential, currently the business operates in protected territory that encompasses the entire state, but only services areas around Hartford County. The 1 full-time employee is an expert professional locksmith that has been with the company for 10+ years, and is skilled in residential, commercial, and automotive locksmithing. The business has the technical capability to services clients with new cars that utilize the latest technology. The current owner is retiring creating a turn-key opportunity for a new owner, an ideal ad-on business to an existing company, or for an independent locksmith to acquire the prominent brand recognition of the national franchise. Franchise transfer fee of $8,000 not included in listing price.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Havelock-Adams, LLC is a full line business and commercial property brokerage offering sales, marketing, valuation, due diligence services and after sale consultation. Experienced in both matters of business stand alone and commercial real estate properties.
Key Words: ward adams, havelock-adams, business broker, golf, golf cart, sight seeing, tour, guided tours, maricopa, phoenix
Profile: Deal Team was founded with a mission to provide breakthrough professional business brokerage services to small and mid-size businesses. Our professional and practical approach to business sales brings a level of service to middle-market businesses that is regularly experienced by larger companies.
Key Words: david richman, richman business brokers, business broker, business intermediary, valuation, business valuation, consultant, fitness, manufacturing, machine, appliance, pet containment, pet, pets, locksmith, locks, cleaning, detailing, grocery, entertainment, family entertainment, metal, sheet metal, manufacturing, drilling, new haven, litchfield, farmington valley, hartford,
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: To prepare your business for sale, business owner sellers need to think like a buyer to reduce risks. John Byrne, CPA, Valuation Expert, and Due Diligence Advisor, shares three factors business owners need to address in order to maximize their business’s value at exit.
Key Words: valuation, business valuation, valuing a business, valuing your business, sell a business, selling a business, sell your business, sellers, john byrne
Profile: Buying a business is no easy task. In fact, business buyers are faced with many questions before beginning their search for an existing business for sale. BizBenNetwork Senior Facilitator Manager Jordan Green gives helpful tips for prospective business buyers to start their search on the right foot.
Key Words: buying a business, business buyers, buyer, buyers, buying a small business, absentee, absentee run, pre-qualification, financing, loans, sba loans, deposits, business purchase financing, due diligence, jordan green
Profile: Buyers often explore buying a franchise instead of an independent business because of certain benefits that come with doing so, however, choosing the right franchise to buy can be hard. With the number of franchises only growing this article helps business buyers select the right franchise for them.
Key Words: franchise, buying a business, business buyers, buying a franchise, spencer siegel
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Profile: Conceivably, you have found out about “dependable guidelines” and “typical ratios” and assume that your business will be worth around what an organization of similar size in your particular industry or field is valued at. Tim Cunha, JD, located in the San Francisco Bay Area, discusses this topic.
Key Words: tim cunha, cunha, EvergreenGold, california, sf bay area, business broker, brokerage, san francisco, palo alto, santa clara county, contra costa county, alameda county, marin county, sonoma county, san mateo county, valuation, business valuation, value, evaluations, market value
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