Profitable Locksmith - 50 Year Reputation

Marble Falls, TX
Asking Price:$395,000
Rent:$900/Month
Gross Revenue:$379,150
Established Year:1975
BUSINESS DESCRIPTION

Bill’s Locksmith Service LLC has been in business since 1975 (over 40 years). Originally founded by Billy Edwards as Bill’s Lock and Key it, is currently owned by Mike Shipman (since Aug 2017) a 29 year law enforcement veteran.

Our locksmith services include:
• Automotive - Lockouts, Lost keys, Lock Repair and Duplicating Transponder (Chip) Keys

• Commercial - Rekeying, Masterkey Systems, Access Control, New Hardware, and Hardware Repair

• Residential - Rekeying, Masterkey Systems, New Hardware and Hardware Repair

• Safes - Sale, Servicing, Installation, and Repair

• Access Control - Electrical and Mechanical - Sales, Servicing and Repair

In September of 2008 Bill’s Lock and Key purchased Circle C Locksmith from Joe Clark. By combining the resources of both companies, Bill’s Lock and Key became the largest locksmith shop in the northern hill country.

Bill’s Locksmith Service LLC is a member of ALOA (Associated Locksmiths of America), TLA (Texas Locksmiths Association), Locksmith Association of San Antonio and SAVTA (Safe and Vault Technicians Association).

Serving Burnet, Llano, Blanco and parts of surrounding counties, our fleet of 3 service vans give us the ability to respond in a timely manner to most service calls.


DETAILED INFORMATION
Location
Marble Falls, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
900
Employees
4
Competition
Currently there is no competition in the Marble Falls area. Many service oriented businesses are driving from Austin to service our area.
Growth & Expansion
Marble Falls and surrounding areas are very fast growing. Lots of new residential and commercial development in our area. Over 10,000 new homes in the next 10+ years.
Support & Training
Owner will stay on for 2 weeks after purchase agreement is completed.
Reason for Selling
Retirement

BUSINESS LOCATION
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Mitchell Kent
Mitchell Kent