Established Local Presence Floyd Lock & Safe has a longstanding reputation spanning over 75 years in the Twin Cities area, providing opportunities to leverage their trusted brand for expanding security solutions and upselling advanced lock systems and integrated security services.
Part of Larger Security Network As a division of Per Mar Security Services, Floyd Lock & Safe benefits from established backing and resources, offering cross-selling potential for comprehensive security packages including alarm systems, surveillance, and access control to existing clients.
Mid-Market Revenue Range With revenue estimates between $10 million and $25 million, Floyd Lock & Safe presents opportunities for scalable, mid-market security solutions, catering to both residential and commercial clients seeking reliable, customizable security upgrades.
Market Expansion Potential Given their recent partnership with Armor Security and expansion into alarm systems in 1968, there is a strong foundation and potential to introduce new emerging security technologies such as smart locks, IoT-enabled security devices, and integrated alarm systems.
Tech Stack and Digital Engagement Utilizing modern tools like Shopify, Google Tag Manager, and social media platforms, Floyd Lock & Safe is well-positioned to enhance online engagement, lead generation, and e-commerce capabilities for security hardware sales and service bookings.