Is It Worth Investing In A 200k Locksmith Business Listing? Analyzing The Value

Рет қаралды 667

CLKsupplies

Күн бұрын

Пікірлер: 43

@daveaedion Ай бұрын

Another really good conversation with the Lock Father on valuing a business. Thanks Pete and PJ. #Lockboss

@hro789 Ай бұрын

Always love listening to the thought process going back and forth. #Lockboss

@user-us4qu5er3o Ай бұрын

I like watching Jr. andSr, hashing things out. #Lockboss

@Ropa_Redefined Ай бұрын

Sounds like an overall good #Lockboss deal. Great discussion.

@johnteague136 Ай бұрын

This is the reason, I have never fully jumped into a full blown locksmith business… cost is outrageous!!…economy is another big issue.. everything is so expensive.. I am 62…my plan is to do only lock outs.. no inventory.. biggest expense is advertising… not enough people know.. great information.. thanks gentlemen #lockboss

@User-bq4qm Ай бұрын

Me too. These are fascinating. My dad used to say "family will screw you 1st and friends will screw you second" #Lockboss

@nylocksmith Ай бұрын

#Lockboss and the #Lockfather. Always great to get the different opinions! I think I agree with PJ on the starting price!

@ericritchey9331 Ай бұрын

Always good listening to you guys on the businesses for sale I'm closer to the end than the beginning so I'd pass on almost any business for sale unless it was really pennies on the dollar. #LOCKBOSS

@gustavoaltube3353 Ай бұрын

Sounds like a good deal! Let's see if the lock father gets it or not #Lockboss

@Phillips-LockAndKey Ай бұрын

If the van and equipment has been updated it may be a good deal. I would want to evaluate the area and definitely look at the books to justify the purchase. Another great video! #Lockboss

@Pyrolock Ай бұрын

Interesting conversation -- I'm betting the LockFather couldn't resist just taking a look as a savvy #lockboss

@Dayman0war Ай бұрын

I like hearing your opinions on businesses, however, I am trying to self fund my own business so I will probably never look at buying another one. Maybe when I'm old and want to sell I won't be so greedy like some of these sellers, and give a younger person a cheap shot at starting up.

@Dayman0war Ай бұрын

#Lockboss

@DJPerret Ай бұрын

Always love these breakdowns! #lockboss

@jeffhudgins9142 Ай бұрын

This day and time with internet advertising, I’d gamble my money on starting fresh with a mobile operation and minimal investment. #Lockboss

@NicksLock Ай бұрын

I agree with Pete. Unless you are actually going to be there and take full control of the location, it's not worth it. Talking with a locksmith in a nother state who wants to sell, but I don't need his local stuff. Just equipment so it's less desirable for them. #LockBoss

@carllewis2207 Ай бұрын

Interesting conversation. #Lockboss

@robertdingman3041 Ай бұрын

Awesome tutorial on looking at buying a business already stable #lockboss

@robertcalkjr.8325 Ай бұрын

Thanks, PJ and Lockfather. Without more detailed information about it, I would have to lowball it as well. #Lockboss

@philherman5209 Ай бұрын

I always love listening to these types of conversations with PJ and the Lockfather. #Lockboss

@davidturner6509 Ай бұрын

The LockFather could buy it and send one of his top techs over to get it on the right track and start expanding it into the automotive side. Looks like an opportunity to me…. #LockBoss

@FTGlockkey-uv2rj Ай бұрын

love this series of vids. #lockboss luv it!!

@outlawlocksmith Ай бұрын

Love Watch Lock Father Talk About Locksmith Business Listing. #lockboss

@rigidedgelocksmith Ай бұрын

These are great to hear - I have a local retired #lockboss trying to sell me his remaining inventory - 2x key machines a couple heavily used pin kits and his key inventory that was current in the 80-90s - the machines are usable but need some TLC currently asking $3k. I'm trying to give the retired gentleman some respect but its hard to justify even 1000 for what I see almost all his inventory is slow movers the only benefit being we have lots of collector cars in my area and some blanks are hard to find he would have new old stock even still .. tough to justify love to here your thoughts on this one

@clksupplies Ай бұрын

I hear ya, the value would seem low to me for the reasons you mention. My guess $500 might be too much -PJ