Accredited & Nationally Known Locksmith Franchise – Philadelphia, PA Territory

Price: $120,000

Location: Philadelphia, PA

Industry: Service Businesses

Listing ID: 01242022

Nationally known and highly renowned locksmith franchise for sale covering the Philadelphia, PA territory. This includes 13 exclusive franchise areas in and around the busy Philadelphia, PA area! Established system with over 8500 locations nationwide, as well as Canada and Australia.

Proprietary equipment, marketing and training is provided – no locksmithing experience is necessary!

Time tested branding and in the business for over 30 years has awarded this franchise some of the top accolades including:
• Certified World-Class Franchise by the Franchise Research Institute
• #1 in its category in Entrepreneur Magazine’s Top 500 Franchises
• 4-Star Franchisee Satisfaction rating from FranchiseBusiness REVIEW
• Top 100 fastest growing franchises
• Better Business Bureau Accredited

The Philadelphia territory offers mobile locksmith services, which includes residential, automotive and commercial.

This business comes with $30k of FFE, including a 2017 Chevrolet Express and $10k of inventory.

The initial Franchise Fee to buy into this particular franchise and this specific territory is $200k+. Selling for $120k.

Current owner is looking to retire.

ASK: $120k
Revenue: $145k
EBITDA: $56k
FFE: $30k (includes 2017 Chevrolet Express Van and all proprietary equipment)

Listing Details

Gross Revenue: $145,000

Cash Flow: $56,000

FFE: $30,000 (Included in Price)

Inventory: $10,000 (Included in Price)

Franchise?: Yes

Reason For Sale:

Retirement

Training & Support:

Current owner will provide as well as corporate training from franchisor.

Operation

Year Established: 1991

Days & Hours of Operation: 8am - 5pm, 7 days a week

Employees: 1

Location

Monthly Rent: 732/month

Facilities Information:

Rents an office space, but this is a mobile service

Summary

Potential Growth:

Opening up service to 24/7