National Full Service Locksmiths For Sale

Business description

Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This family owned and managed business has been dynamically and skillfully operated with great energy since 1996. The business has been steadily growing throughout this period, to a point today where they stand at the pinnacle of their industry and, again through skillful management and great vision, the business now stands on an excellent trading platform for the future.

The company operates from its central “hub”, which includes a very widely and substantially stocked retail outlet, which in itself has seen strong growth even in the leaner economic times currently being experienced. The family have invested heavily in the “engine room” of their business, this being their human resource, their technical abilities and their state of the art equipment. The training ethic is also very evident in this business, with training updating being addressed at the earliest possible convenience.

The operational team of the business has a strong management structure and a high level IT interaction, which deals efficiently with everything from the day to day itinerary building through to a full accountancy package, as well as holding their very large customer database.

The company enjoys good accreditation levels with BLI qualification for one staff member, Master Locksmith Association (MLA) approval, Auto Locksmith Association (ALA) approval and Constructionline registration. Add to this their status as a Chubb Super Centre, Mul-T-Lock Service Centre, ISEO Service Centre, major stockists of ASEC products and stockists of 100+ other security product brands, and you can begin to appreciate that this company is very serious about its business.

The company operates 6 highly equipped and stocked vans (or Mobile Workshops as they prefer to call them) plus an emergency spare vehicle, as part of their full national coverage..

The company enjoys the benefit of being the preferred supplier to several national contracts as well as local authority and University work. The range of services they supply include:-

• Key copying and programming service – from simple key replacement through to decoding locks themselves, utilising a dazzling array of different machines.
• Diagnostics – again using a wide array of machines to programme keys for most vehicle makes transponders and immobilisers.
• Non-Destructive Entry – To gain entry in to domestic and commercial properties without damage i.e. utility disconnection work, mortgage repossessions and vehicle repossessions.

Equipment:

The company owns and maintains a very large inventory of equipment, machinery, tools and vehicles, all necessary in the smooth daily operation of their business. This equipment inventory, built at great cost maintains the company’s position at the forefront of their industry sector.

Customer Service:

The company is renowned for its quality of customer service, and is amply demonstrated by the service contracts they hold and the national coverage provided.

Key Strengths:

The company has developed several key areas of strength, which include:-

• One Stop Shop solution provision
• They will tackle any problem, anywhere
• Their undoubted levels of customer service
• Faster turnaround solutions through greater engineers stocks and on board equipment and machinery.
• Working closely towards ISO 9008 QMS accreditation
• Their ability to create customer specific brochures and portfolios

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Property information

Property:

Leasehold

Location:

The company’s offices and retail shop are located in a parade of shops in a suburb of this large Midland city, which is well located for the Motorway system. The premises consist of the retail shop, workshop, storage and garage on the ground floor, with offices, toilets and kitchen being located on the second floor.

The premises are being offered on a leasehold basis, with the benefit of a newly negotiated lease, as one of the Directors is the Landlord and Freeholder. The Director has indicated his willingness to consider purchase of the freehold if required.

Other information

Competition / Market:

The company is proactive in its approach to marketing, with regular advertising in local newspapers, Yellow Pages ads (within a 50 mile radius), Yell. Com, and their creation and maintenance of an attractive and easy to navigate Internet website.

Support & training:

Full support and any necessary training will be provided during handover as part of a successful sale package.

Reasons for selling:

A genuine retirement sale

Trading hours:

Monday – Friday: 8.30am – 6.00pm
Saturday: 9.00am – 5.00pm Locksmith/Engineer call out 24/7/365