Comprehensive Security Solutions and Locksmith Services Business

Other / Unclassified
King County, WA
Asking Price:
$4,650,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

This established firm specializes in delivering a broad range of commercial security services, including locksmithing and custom security system installations, primarily across the Pacific Northwest. Operating from a substantial facility, the company offers advanced services such as networked access control, alarm system programming, and IT network installs backed by licensed general and electrical contracting credentials. Its diverse client base includes commercial and retail sectors, with a substantial recurring revenue stream from over 50 monitored alarm system contracts. The business benefits from its strong market position where independent locksmith shops dominate, facing limited consolidation across the region. Operations are primarily concentrated in Washington State, supported by a skilled team led by an experienced technical VP and a robust administrative framework, which together manage complex installations and ensure seamless job scheduling. This setup supports consistent service quality and fosters opportunities to grow alarm monitoring contracts and expand IT service offerings. The local environment features a dynamic economy with a well-educated population and rising household incomes, contributing to ongoing demand for sophisticated security solutions.

Facilities & Infrastructure

  • 2,336 sq. ft facility split into 50% office, 25% stock room, 25% service area
  • Limited on-site product display with primary field service operations
  • Administrative office supporting job scheduling and compliance
  • Stock room for inventory storage and logistics management

Property Highlights

  • Efficient layout facilitating a mix of office work and service preparation
  • Ample workspace for coordination of multiple field teams
  • Potential flexibility to expand in-house workspace or inventory holdings

Key Business Facts

Cash Flow
$1,275,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$3,450,000.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
N/A
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established N/A
Employees N/A
Inventory
N/A
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
N/A
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

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Market Insights

Demographics (County)

Population Growth (5y) 3.06%
U.S. Avg. +4.1%
Median Household Income $122,148
U.S. Avg. $74,600
Median Age 37.30
U.S. Avg. 38.9
Bachelor’s Degree+ 55.93%
U.S. Avg. 38%

Economy

State GDP $670,977M
U.S. Avg. $28.8T
GDP YoY 4.35%
U.S. Avg. +2.4%
Unemployment 3.88%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 361
U.S. Avg. 380
Property Crime / 100k 2915
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

  • Expand recurring revenue by increasing monitored alarm system customer base
  • Leverage licensed contracting capabilities to capture higher-end IT installations
  • Broaden commercial client reach into underserved sectors within regional markets

Operation & Support

  • Seller to provide a thorough transition training and consulting period
  • Business holds necessary licenses for general and electrical contracting
  • Owner exercises general operational oversight with trained management in place

Lifestyle Fit

  • Suitable for buyers seeking a well-structured security and locksmith business
  • Estimated Moderate Management commitment with existing leadership team
  • Owner focus on strategic oversight rather than daily operational tasks
  • Established systems and cross-trained staff enable scalable management models

Process & Next Steps

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Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

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