Full-Service Regional Locksmith

January 14, 2025
by an intermediary from George Mason University in 819 Worcester St, Springfield, MA 01151, USA
Summary
It provides a full range of locksmith solutions such as key duplication, lock installation, repair, rekeying, and safe delivery. Services are provided either in-house or directly at the customers facility.
Its customer base is predominantly commercial related businesses. It serves customers across all industries including medical, property management, construction, retail, etc. These customers annually generate between 60% and 80% of total revenue.
It has minimal customer concentration. In 2024 its top 10 customers comprised 16% of all revenue and 24% of commercial revenue.
Many of its customers have been with the Company for decades. On average, its ten largest customers in 2024 have been customers for 20 years.
It has a team of expert locksmiths who provide fast, quality and reliable service. Day-to-day operations are overseen by a General Manager who is open to remaining with the Company post transaction.
from Baylor University in Waco, TX, USA
in United States