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Locksmith and Physical Security Services
A Baltimore locksmith and physical security business running commercial access control and master key agreements alongside project and emergency work.
Business Highlights
- Recurring commercial service agreements for access control and master key systems
- Owner-occupied building valued at $1.8M, available to buy or lease
- Revenue has been flat and predictable rather than volatile
- Service-based model with no inventory-heavy requirement
- Runs with minimal owner involvement
Considerations / Questions to Ask
- How much of revenue is contracted recurring work versus one-off emergency calls?
- Is the $1.8M building inside the asking price, or a separate purchase or lease decision?
- Who holds the licences and certifications required for locksmith and access control work, and do they transfer?
- Revenue has been flat for three years. Is that market saturation or a capacity ceiling?
- What is the technician headcount and tenure?
Opportunities
- Access control and master key agreements recur and can be sold to the existing commercial base
- Flat revenue under minimal owner involvement suggests nobody has tried to grow it
- Electronic and smart access is where this trade is moving and carries higher ticket values
- Property managers and facilities firms are a channel rather than a single customer