Last Revised: 12/9/19. 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: 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
Profile: New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. We believe in long term relationships with our clients. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese.
Key Words: escrow, bulk sale, helen yoo, new century escrow
Profile: Escrow services to brokers & agents, owner/sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services.
Key Words: shalonda chappel-pilgram, town country escrow, escrow, bulk sale, bulk sales, escrows, liquor license transfers, lien search, lien searches, los angeles, orange, riverside, san bernardino, san diego, imperial
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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
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: The unfortunate side of buying and selling small businesses is that the majority of all transactions fall through, including over half of all deals that go into escrow. Jordan Green discusses the most common reasons that transactions fall out of escrow in this BizBenNetwork blog.
Key Words: jordan green, escrow, business owners, business buyers, buyers, sellers, contract deposits, taxes, business purchase financing, financing, landlord, landlords, lease, leases
Profile: BizBenNetwork Senior Facilitator Manager Jordan Green discusses the preparation that is needed by business owner/sellers to ensure a successful sale of their business. Jordan also shares tips to help sellers minimize the risk of ruining potential deals and hurting the value of their business.
Key Words: selling your business, sellers, business owner seller, sell a business, confidentiality, training, jordan green
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Profile: In this BBN Podcast Episode, Mike, a seasoned business buyer & BizBenNetwork member, discusses his recent search with BBN Facilitator Peter Siegel, MBA. In this online interview, he discusses his past experiences dealing with brokers and business sellers and offers helpful advice to fellow buyers.
Key Words: podcast, buyer, business buyer, mike, buying a business
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