Total of 18659 firms and businesses for sale today Sunday 5th May 2024
Sold. City Centre Location, Locksmith, Key Cutting, Safes, Access Control Systems And Security Services
LISTING DETAILS
Firms For Sale ID:
12355
Vendor reference:
JB013
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£135,000
Turnover / revenue:
£170,000
Net profit / cashflow:
£55,000
Years established:
25
Number of employees:
2
OTHER DETAILS
Reason for selling:
The vendor would like to retire and believes this would be a perfect time for a new owner with fresh ideas and enthusiasm to take the business on to a new level.
Support and training:
The owner would be happy to help out with a smooth transition of the business and help in anyway possible.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The lease on the premises runs until 2014. Rent is circa £5,700 p.a with rates of £1,250 p.a.
BUSINESS DESCRIPTION
City Centre Location, Locksmith, Key Cutting, Safes, Access Control Systems and Security Services
Ref.JB013
Location North Yorkshire
Asking Price £ 135,000
This is an excellent opportunity to purchase a successful security business, which specialises on supplying installation of all types of locks and keys for cars, houses and business. They also specialise in the supply, installing and maintenance of access control systems and safes.
The business has traded from its current city centre location since 2002, but have been in business under the current owner for over 25 years. In this time the company have grown and gained a sound reputation for reliability, integrity and high levels of service,with a competitive edge which are qualities paramount to success for a locksmith
The business is profitable and easy to run with low overheads and works to simple business principles of providing a friendly, competitive and quality service to its clients at all times. There is a growing database of commercial clients, which include schools, letting agents and council contracts together with a long list of domestic customers who regularly call on their services.
Expansion Potential
They have been trading consistently over the past 27 years and the current owner has maintained the business at a level that is comfortably manageable to him based on the current infrastructure.
The company has an active web-site, but there is no major marketing or advertising budget. They obtain the majority their business from their regular customers and by word of mouth recommendation. A small amount of investment in a sales drive would immediately reap rewards with the high quality and service which is provided.