Business Sold Lane Cove West, New South Wales 2066
Business Category Security Trade Services
North Shore Locksmith Business Offered For The First Time In 31 Years!
ESTABLISHED, PROVEN & PROFITABLE!!
A RARE OPPORTUNITY!
Owned and operated by the same family since 1990, this business is undoubtedly the PREMIER Locksmiths on Sydney's North Shore.
Its' distinctive, modern & fully equipped showroom is surrounded by many businesses & residential buildings, all within easy access of the business.
They are the premier service provider of advanced security solutions to residential & commercial properties in all suburbs over North Shore Sydney.
They are the specialists in electronic security & offer a comprehensive range of safes catering to any requirement.
From the shop, the fully equipped fleet of 4 vans offer a full range of locksmith services including a 24/7 emergency with After Hours availability.
There are huge opportunities for growth in Security Systems, CCTV, Access Control & Intercom System.
• Centrally located to service northern Sydney areas
• Large, modern, fully stocked Showroom & work area.
• Long term clients incl. Strata companies, Schools, 50+ Real Estate Agents & Local Council
• Database of 3000+ clients guaranteeing high level of repeat business.
• Over 1800 Registered Key Systems
• Financial returns currently reflect a 25% net profit (approx.) including owners' salary.
• Consistent trading figures through COVID relatively recession proof business.
YOU NEED TO KNOW:
• Asking Price; $680,000 + SAV
• Turnover; $1,250,000 (2021)
• EBITA; $340,000 (approx.)
• Lease; Currently owner/occupier - new Lease available to buyer.
Further information & Financial history would be available after Confidentiality requirements have been completed.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.