Profitable Locksmiths In East Sussex For Sale

Business description

Long established and only being offered for sale after 25yrs in same hands due to retirement, this very profitable well regarded business is run by the owner alone generating a turnover in excess of £108,000 and a consistent Net Profit well in excess of £50,000pa, but also has lots of further scope to expand under a partnership, or husband & wife team, if desired. Run from well fitted lock-up shop with 4 private parking spaces, lots of regular clients include local businesses & councils, etc. Rent £10,000pa. Owner prepared to provide training. Great opportunity, call for further details.

Property information

Location:

This long established profitable business has been trad6ing from the same shop premises in a seaside resort in East Sussex for the last 25years, and is well positioned to serve the town, its residents & local businesses, and is also close to the various larger towns on the East Sussex coast, and although the current owner concentrates on the plentiful business in the immediate catchment area, the business is considered ripe to expand further a field, if desired.

The shop itself is located in a small parade of shops close to the town centre and is very well known and established.

Premises details:

The business trades from a well fitted and equipped lock-up shop unit. Outside the shop is easily identified with an eye-catching sign written fascia name board and large full glass frontage and central entrance door.

Inside the shop has a suspended ceiling with professional lighting, laminate flooring and professional shop display racking in the main retail area with makes it easy to display the range of locks, safes, chains and padlocks, etc for retail sale.

To the rear of the shop is a large serve-over counter with electronic till, behind which is the open-plan workshop area which is equipped with fitted work benches, equipped with a comprehensive range of key cutting equipment and shoe repair machinery, above which are large racks of keys and various accessories.

A door from the rear of the workshop area leads to an Office/Store Room, Kitchenette and Staff WC.

The shop also has the benefit of a further brick built store for additional storage and 4 private car parking spaces to the rear for customers.

Business Operation

Reasons for selling:

retirement

Trading hours:

from trading Monday-Saturday 9.00am-5.00pm with a ½day on Wednesdays

Employees:

Although he has employed staff in the past, the owner has easily run the business on his own for the last few years,

Years established:

25