back to search

NORTH SHORE LOCKSMITH BUSINESS OFFERED FOR THE FIRST TIME IN 31 YEARS!

SOLD

Lane Cove West, New South Wales

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.
KEY FEATURES:
• 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.

Business Links / Tools

Last updated: 11th September 2021

Summary

Property Type
Business
Contract Type
Sold
Location
 Lane Cove West
State
 New South Wales
Price
SOLD
Category
  • Alarms
  • Security

Click to share

Agency

Business Brokers Network

Business Brokers Network

Contact

Tony Lee