Seeking Industry Experience & Insights on Locksmith & Access Control Business in Western Pennsylvania

Hello, I'm currently evaluating the acquisition of a locksmith and electronic security services business in Western Pennsylvania and would love to connect with others who have experience in this space or in similar service-based businesses. Areas I’d Love to Connect On • Operating or acquiring a locksmith or security services business • Managing inventory heavy service businesses and working capital dynamics • Pricing strategies and margin improvement opportunities • Transitioning from a reactive service model to a more proactive sales approach • Structuring SBA 7(a) financing for similar acquisitions Business Snapshot • Industry: Locksmith and electronic security services • Revenue: Approximately 1.7 million annually • Employees: 13 • Owner: Absentee owner seeking retirement Service Lines • Commercial and residential locksmith services • Electronic access control systems • CCTV installation and service • Commercial security solutions • Combination of reactive service calls and scheduled installations Deal Structure Exploring SBA 7(a) financing for the majority of the purchase price with a potential seller note component. If you’ve operated, acquired, or diligenced a business in this space or have relevant insights, I’d love to connect. Thanks in advance!