Lane Cove West

NORTH SHORE LOCKSMITH BUSINESS OFFERED FOR THE FIRST TIME IN 31 YEARS!

ESTABLISHED, PROVEN & PROFITABLE!! A RARE OPPORTUNITY!
Owned and operated by the same family since 1990, this business is undoubtedly the PREMIER Locksmiths on Sydney’s North Shore.
Its’ distinctive, modern & fully equipped showroom is surrounded by many businesses & residential buildings, all within easy access of the business.
They are the premier service provider of advanced security solutions to residential & commercial properties in all suburbs over North Shore Sydney.
They are the specialists in electronic security & offer a comprehensive range of safes catering to any requirement.
From the shop, the fully equipped fleet of 4 vans offer a full range of locksmith services including a 24/7 emergency with After Hours availability.
There are huge opportunities for growth in Security Systems, CCTV, Access Control & Intercom System.
KEY FEATURES:
* Centrally located to service northern Sydney areas
* Large, modern, fully stocked Showroom & work area.
* Long term clients incl. Strata companies, Schools, 50+ Real Estate Agents & Local Council
* Database of 3000+ clients guaranteeing high level of repeat business.
* Over 1800 Registered Key Systems
* Financial returns currently reflect a 25% net profit (approx.) including owners’ salary.
* Consistent trading figures through COVID relatively recession proof business.

YOU NEED TO KNOW:
* Asking Price; $680,000 + SAV
* Turnover; $1,250,000 (2021)
* EBITA; $340,000 (approx.)
* Lease; Currently owner/occupier – new Lease available to buyer.
Further information & Financial history would be available after Confidentiality requirements have been completed.