10-year-old locksmith business in Spokane, WA, with professional management

March 08, 2024

by a searcher from University of Minnesota - Twin Cities Campus in Marysville, WA, USA

Hi everyone! I had a conversation with the seller of this locksmith business recently, and while it's not a good fit for my criteria, I wanted to pass it along to this group to see if anyone would be interested.

Here are the highlights:

$775k revenue, $350k profit
Experienced manager in place (owner lives 6 hours away and only spends 10 days a year in Spokane) plus 3 full-time technicians
Physical shop and vehicles in Spokane, WA
$900k asking price - 20% down, 80% seller financing

This might be a bit small for the Searchfunder community, but if you're looking to snatch up a professionally managed services business, it might be worth a look! If this sounds like something you'd be interested in, please shoot me a DM or email at redacted

Reply by a searcher
from University of Southern California in Washington, USA

I'm in Spokane and although it is not a good fit for me, I may know someone interested. I'll let you know. Thanks for the post.

Reply by an investor
from Georgia State University in Atlanta, GA, USA

Hi Jessi, interested. Check DM

+2 more replies.

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