Business for Sale Overview:
This successful security business, focussing on locksmithing, safes, CCTV and key cutting was established by the current owner more than seven years ago. It is located in an affluent North London area, close to major transport links and adjacent to a major Sainsburys store. The business enjoys a robust mix of both corporate and domestic business: the former accounting for some 60% of current sales. A sound reputation has been earned since inception, largely centred around the highest levels of personal service, coupled with competitive pricing and reliability of call out – a critical quality for a locksmith.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Excellent high street premises are utilised of circa 700 square feet with yard and parking for three cars. There is in addition a basement and mezzanine for storage. The current lease expires in 2010 and is renewable. Passing rent is £8,750 per annum: business rates are currently £3,000 per annum.
Market Competition and Expansion:
To date, most new business acquisition has been largely reactive. The recruitment of a sales executive to lead a sales drive, specifically to corporate clients, would bring about significant and speedy benefit. This can be targeted at end users. However the facilities management (FM) marketplace will bring about major new opportunity, with the business operating as a sub contractor, to lead organisations.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.