This well established and profitable, 11 year old, Charlotte based locksmith franchise is part of a very successful nationwide franchise system; the only nationally branded locksmith. Revenue is generated from several sources including automotive roadside assistance, commercial customers, residential customers and individuals. Increased national security awareness had fueled increased demand for the services of this particular company over the last few years, placing it in the middle of a growing market. In fact, the demand for these services is increasing and the traditional providers of this service are decreasing. This is a very scalable business and is capable of increasing squarely in size within the Charlotte market. Other franchisees in smaller geographic areas have grown to a larger size, thus demonstrating the potential for this business. After 11 years, the current owners are ready to sell to someone who can take the business to the next level. The business currently has 10 employees who work on a part time and full time basis. Some drive company vans and some their own. They operate from their homes, thus reducing the need for significant office space. There are significant advantages to being part of a large and dominant franchise system. In this case, the franchise owners benefit from national account participation, proprietary techniques and equipment and significant national exposure. In addition, franchise owners enjoy the benefit of low inventory requirements, comprehensive training, up to date info regarding technology advances in the security market and recognition by every major road club in the US. In fact, this franchise is the #1 road club service provider in the country. Good sales, good cash flow, tremendous scalability, great franchise back up and a well established business. If this sounds like something you would be interested in, call us or email us.

Current facilities occupy 2,000 sf of office space and a vehicle bay. Owner should anticipate moving the operation (which is currently in Concord, NC) to Charlotte metro area. Business could be run from home but would operate more efficiently out of an inexpensive flex space. Assets include several company vans along with machinery and equipment and tooling.

Serious potential for significant growth within the Charlotte market. The current owners have made no attempt to grow the business in recent years, wanting to focus on other business ventures. The franchise company has much better performing franchise owners in cities of smaller size than Charlotte, giving some indication of the growth potential. Being part of a nationally recognized brand name (and the only franchised locksmith) with serious ties to national road clubs is a huge plus for the next owner.

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