Locksmith Key Cutting & Safes Business In City Centre Location For Sale

Business description

This is an excellent opportunity to purchase a successful security business, which specialises on supplying installation of all types of locks and keys for cars, houses and business. They also specialise in the supply, installing and maintenance of access control systems and safes.

The business has traded from its current city centre location since 2002, but have been in business under the current owner for over 25 years. In this time the company have grown and gained a sound reputation for reliability, integrity and high levels of service,with a competitive edge which are qualities paramount to success for a locksmith

The business is profitable and easy to run with low overheads and works to simple business principles of providing a friendly, competitive and quality service to its clients at all times. There is a growing database of commercial clients, which include schools, letting agents and council contracts together with a long list of domestic customers who regularly call on their services.

Customer Service:

Customer service is paramount to the success of this business. This is a small business with family values. They offer a vast range of keys and locks and aim to install stock items within 4-5 days of receiving an order. Customers are always commenting on the excellence of the service provided and the genuine flexibility of the company helps them to achieve their delivery goals.

The business has become an insurance work specialist and is qualified to supply, install and repair all makes of locks, safes and access control systems for commercial, industrial and domestic appliances. They offer a 24 hr emergency service seven days per week.

The shop carries a vast range of keys and locks on display, with keys for all makes of British, European and Japanese cars.

Property information

Property:

Leasehold

Lease terms:

The lease on the premises runs until 2014. Rent is circa £5,700 p.a with rates of £1,250 p.a.

Location:

The business runs from a small, but busy, leasehold, city centre high street shop, location which measures circa 350 sq.ft.. There is a shop area at the front with a key cutting and work area plus storage at the back of the shop, which is all fully secured and alarmed.

The lease on the premises runs until 2014. Rent is circa £5,700 p.a with rates of £1,250 p.a.

Other information

Expansion potential:

They have been trading consistently over the past 27 years and the current owner has maintained the business at a level that is comfortably manageable to him based on the current infrastructure.

The company has an active web-site, but there is no major marketing or advertising budget. They obtain the majority their business from their regular customers and by word of mouth recommendation. A small amount of investment in a sales drive would immediately reap rewards with the high quality and service which is provided.

Support & training:

The owner would be happy to help out with a smooth transition of the business and help in anyway possible.

Reasons for selling:

The vendor would like to retire and believes this would be a perfect time for a new owner with fresh ideas and enthusiasm to take the business on to a new level.