Locksmith Business - SJ1468

9 days ago

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Summary

Revenue consistently approx. $550,000 + GST per year, mostly from commercial customers

About the Business

Trading for over 40 years in rapidly growing Melton, this locksmith business has built up a loyal customer base including local government, schools, estate agents and car dealerships.

- Revenue consistently approx. $550,000 + GST per year, mostly from commercial customers

- FY24 Profit to an owner operator was approx. $180k

- Affordable rent of $2,834 + GST per month

- Operating out of a fully equipped 285 sqm workshop

- Flexible, long term lease on offer from the vendor who owns the freehold

- Cost price of equipment approx. $90k

- Open 5 days

This would be a great first business opportunity for someone wanting to go out on their own or for an existing locksmith business wanting to expand their portfolio with high value commercial customers.

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