Long Established Locksmiths - Lower North Shore - Earn $300K+ Per Annum

13 days ago

Location:
Sydney - Greater > New South Wales

Investment level:
$550,000 + SAV

Type:
Business

Industry:
Commercial Services > Safety & Security

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Internal Ref: 1968322

Summary

Since 1970 an institution in the region we have built a reputation for quality, reliability and trust. "We always do the job right, on time." Our growth is a testimony to our integrity. PRICE REDUCED

Location Details

Lower North Shore
In a major retail centre, also the centre of a commercial district which includes numerous auto traders. Because the large number of luxury apartments, the population density is very high.

Potential

The Locksmith industry is on the move, with new technologies and new products, security is the game changer. IT also allows easier stock control, invoicing, purchasing, and expense management, but also key and access management from central, but remote locations.

Products
So many growth opportunities: new security products, electronic key systems, remote controls, alarms, CCTV, etc. The choice is yours. And many new residential and commercial developments that need installation of access control and security systems.

Lease

5 x 5 year lease (no demolition)

Employees

The staff are invaluable. Everyone is friendly, reliable, dedicated, long-term, and highly efficient. 4 FT, fully trained locksmiths, one PT, and a PT bookkeeper. Plus 4 modern vans which keep the staff mobile day and night.

About the Business

Premises
A modern shop with everything you need. A spacious showroom, a practical work area, a cosy alcove for admin, and tidy staff dining and kitchen areas. Floor area is about 90sqm, with ample room to grow.

Key features
- Long established, 47 years
- High profit 27% increase last year
- Huge growth potential
- Loyal and prestigious clientele
- Modern and spacious premises
- Ample room for expansion
- 5 x 5 year lease (no demolition)
- 4 modern vans
- 4 security car spaces
- Suite owner operator, or corporate expansion
- Just add marketing and a new website

The future is now. Choose your opportunities and lead from the front. This prestigious business costs far less than a Sydney home but will pay you 4 times an average income. Call now for more information.

For more information on this opportunity, please contact the undersigned:

Henry Wittenberg
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions
M: 0435 142 192 T: 1800 858 696 E: hwittenberg@mentored.com.au

For more details go to www.mentored.business and complete our online confidentiality agreement. Use the reference ID 1968322 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, director's benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business categories: Business for sale, Locksmith, Service, Lower North Shore, High Earnings, Commercial, residential, automotive services

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