The MASTER LOCKSMITH store in Sequim, Washington
is being offered for sale.
Locksmith Store for Sale in Sequim, WA
Located on the beautiful Olympic Peninsula in Sequim, Washington, here's an opportunity to benefit from a growing community with a profitable business with plenty of potential for growth! Grossing over $120,000 per year, the retiring owners are offering this business for $150,000, which includes inventory, furniture & fixtures, equipment, Ford van, and goodwill of the business. Transitional training is included.
In business in Sequim since 1996, the business has been on a continual growth pattern. The city of Sequim and surrounding areas have a "small town" atmosphere and is currently in a "growth" mode - with new businesses and retirees relocating into the area. There are over 1,000 new homes under construction at this time.
The 4,000 square foot shop is located in a great downtown location with plenty of parking, and a 3-year lease with very reasonable rent.
Sequim is known for its small-town friendly atmosphere. It's located in the "rain shadow" of the Olympic Mountains on the North Olympic Peninsula in the State of Washington - where it rains only 14 inches on average per year! Located between the Strait of Juan de Fuca and the Olympic Mountains, it's one of the most beautiful spots in America - called the "blue hole" by the many airline pilots who choose this place to retire.
The business has developed numerous accounts and "regular" customers, including government agencies, commercial accounts and residential accounts. In addition to the "nuts and bolts" business of making keys, selling locksets, locks, safes and a variety of other locksmith-related items - the business also sports the largest Emtek door hardware showroom on the North Olympic Peninsula. Emtek is one of the best quality products around - and much in demand by local homebuilders. It's a "growth" market in the Sequim area.
With the high rate of tourists coming to the area, a substantial amount of income is derived from lockout services.
The Master Locksmith also holds the contract for installation of Ignition Interlock devices on vehicles as court-ordered for alcohol-related tickets. The back bay of the shop is perfect for installation of the devices, and the monthly calibrations, which provides an increasingly substantial income. The bay area can be used to expand the business into alarm and radio/CD installations - a need in the Sequim area which is not presently being met.
Please contact Kaylene Byrne or Deborah Norman at The Brokers Group for more information about the sale of this business.