SOLD – Locksmith and Distribution Business for Sale

Business Description

SOLD - Saskatchewan based retail locksmith business with wholesale distribution service available for sale. This business has an over 50 year history in the province and the owners now wish to sell and retire. The business is fully staffed with over 15 full time employees and is a turnkey business to purchase & operate. The business has had very consistent sales and earnings have been very strong. The owner will assist the new buyer with some training and transition support to make for a successful transition. The business is ideally located, providing easy access and high visibility. Their long history in the industry means they are a trusted name in the marketplace with their clients, and drive a large amount of repeat sales. The sale will include the business name, website, customer lists, supplier arrangements, all vehicles & equipment and working capital, land and building. The sale price includes working capital of $630,000 (primarily inventory), capital equipment valued at $75,000 and land/building $625,000). Three-year average annual Seller Discretionary Earnings (SDE) listed.


Business ID: REGI0029
Business Category: Repair and Maintenance
Location: Saskatchewan, Saskatchewan

Status: Sold

Financial Information

Asking Price: $ 1,604,000
Gross Revenue: $ 1,910,870
SDE: $ 322,000
FF&E (included): $ 75,000
Inventory: $ 630,000
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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