
25 May Santa Fe Locksmith Business – Established, Profitable & Growing
Price: $445,000
Location: Santa Fe & North Central Region, New Mexico
Industry: Retail & Service, Locksmith
A well-known brand in Santa Fe for over 80 years, this locksmith business is an excellent opportunity for an engaged and active owner to take over a proven business. It provides vital services to businesses and residents, has over 100 contracts, and dominates the local marketplace.
Locksmithing is largely immune to economic downturns and is projected to grow 4.4% over the coming years. With the brand’s key competitors recently closing their doors or reducing hours open to the public, it is experiencing increased demand for both instore and onsite services.
An experienced, long-term general manager is in place and the current owner spends limited time in the store. No industry-specific licenses or training are required to take advantage of this opportunity.
The business enjoys a high-visibility, central location. Buyers will have the option of purchasing the real property, resulting in favorable loan terms and allowing them to build equity in the business.
Listing Details
Revenue: $653,019
Cash Flow: $167,833
FFE: $150,000 (Included in Price)
Inventory: $40,000 (Included in Price)
Real Estate:$600,000 (Not Included in Price)
Reason For Sale:
Seller has other professional obligations.
Training & Support:
The Seller and General Manager will work with new owner to provide a smooth transition.
Operation
Employees: 6
Managers: 1
Location
Square Footage: 2200
Relocatable?: No
Facilities Information:
Centrally located, 2200-square-foot store with ample parking and good visibility.
Summary
Competition:
Competition is minimal.
Potential Growth:
New buyers will be stepping into a business with multiple upsides. Further details can be shared upon receipt of a Non-Disclosure Agreement and Confidential Buyer Profile.

Michael Greene
info@samgoldenberg.com
505-820-0163
Address:
126 E. De Vargas Street, Santa Fe NM 87501