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Well Established: Well Branded: Very Profitable Locksmith and Security Business Ref # 9056

SOLD

Brisbane City, Queensland

Well Established: Well Branded: Very Profitable Locksmith and Security Business Ref # 9056

This extremely profitable business was established in Bris over 20 years ago..and can easily be operated by someone with good management and business skills…No prior trade-skills required as the business comes with a stable team of high quality tradespeople.
This business has excellent street exposure and an excellent web site that gives results daily.

Features:

*5 full time staff, 4 tradesmen, and 1 apprentice who provide excellent service to Brisbane, Ipswich and surrounding suburbs.
*3 x late model vans fully equipped as mobile workshops with signage come with the sale
*Current turnover: $1,063,792.
*Current lease expires: 31 July 2019 + 3 year option.
*Rent: $3,125.65 plus outgoings of $440.45 pcm.
*Many pre-existing supplier agreements in place.
*The current owners put in minimal hours
*Large inventory of established clients in core industry area's including: real estate agencies, local councils, department of housing, schools and hospitals to name a few.
*There is potential to expand this already very profitable business.
*Adjusted Net return to an owner operator $313,000 pa

This business is run extremely efficiently with one owner putting in about 5 hours per week to pay wages etc, and the other puts in approximately 25-30 per week. The reason for sale is so the owners can develop their proven business skills in another area. The business has served the family extremely well over the last 20 years, and systems are in place to make sure it runs to a tee, thus ensuring a smooth transition for the new operator and the owner is happy to stay on for a month or so to show all this to the owner.

This is an excellent business opportunity and is priced to sell at $650,000 WIWO

To find out more information about this business, please complete the confidentiality agreement quoting reference number: 9056
https://absbusinesssales.com.au/confidentiality-agreement


Broker: Anita Coy| E: anita@absbrisbane.com| P: 0421 386 638
Head Office | P: 07 3368 4010| E: reception@absbrisbane.com

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Last updated: 22nd May 2018

Summary

Property Type
Business
Contract Type
Sold
Location
 Brisbane City
State
 Queensland
Price
SOLD
Category
  • Mobile Services
  • Security
  • Vending

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Agency

ABS Business Sales - Brisbane

ABS Business Sales - Brisbane

Contact

Anita Coy

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