Access Locksmith For Sale

Business description

ACCESS LOCKSMITH - WEST YORKSHIRE
Year end January 08 turnover £48,077, gross profit £40,253
Home based operating in the Wakefield post code area
No experience required full training provided
Fully fitted & equipped including tools
Part time 15-20 hours per week
New Ford Transit van 280
Tremendous opportunity
Genuine retirement sale
Established 15 years
BUSINESS ONLY


Business History

Meridian Business Sales takes great pleasure in offering for sale this old established & thriving locksmith business which has established from new by our client some 15 years ago and is now reluctantly being placed on the open market due to pending retirement.

Our client during his long tenure has established an extremely successful and highly regarded business based on the quality of his expertise and service which results in approximately 25% of his turnover being attributed to repeat business through existing clients or recommendations.

Additional work is secured through advertising in the Yellow Pages, Thompsons & BT directories which is now in place for the next 12 months at a cost of £8,000 which will be passed on to any new purchaser and our client has also informed us that he is in the process of building a new website though Yell.com at a cost of £2,000. Our client has also established good connections with eviction agencies & bailiffs who work on behalf of national banks in repossessing properties which is a growing market due to the UK's unstable financial climate.

We would also like to point out that over the past few years our client has operated the business on a part time basis due to his pending retirement and works approximately 15-20 hours per week, yet maintains a virtual full time income.

At present our client generates his income from the Wakefield postcode area so there is tremendous potential for expanding into Leeds, Bradford, Huddersfield & Halifax for any purchaser with the vision & energy to take this highly regarded business to its next level of success. Our client has also stated he is prepared to stay on with the business and train any inexperienced operator as well as introducing him to his established clients. This is an opportunity not to be missed.


Additional Information

Included in the asking price is a new Ford Transit Van 280 TDCI, mileage 1,700 and 3 years manufacturer's warranty. Completely fitted out with storage racking including a generator & full set of tools.

Property information

Lease terms:

Business only
Currently home based (re-locatable)

Location:

The business is a home based mobile locksmiths operating in the Wakefield postcode area which covers down to Castleford & Pontefract East on the M62 and the West of Wakefield to Dewsbury, Liverdale & Heckmondwyke. A densely populated postcode which is operated on low fuel costs.

Other information

Trading hours:

Hours to suit