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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.

Wakely Business Sales - Sydney NSW Mobile: 0416 111 886 Email: enquiries@wbsa.com.au Web: wbsa.com.au

Price SOLD
Property Type Business
Property ID 96
Category Services, Professional, Services

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Agent Details

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Tony Lee

0416 111 886
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What our clients say

Hi Tony, I just want to thank you for the quick sale of my business. I thought you acted in a very professional manner, always following up on any little glitches I had. I was extremely happy with the...

Geoff Morse

Dear Tony,   We just wanted to thank you for the sale of our business. You did an amazing job, solved every drama that posed a problem and went above and beyond what we would have expected a business...

Karen & Pete

Tony Lee sold me my manufacturing business & a few years later, sold it for me! I wouldn't have used anyone but Tony to represent me in the sale.  Raj K.

Raj K

Having Tony represent my business partner & I offered us a sense of security, calm & confidence. His weekly feedback & reports were much appreciated. His diligent efforts gave us the sale we...

George T

We weren't completely sure about the timing of our sale... Tony Lee bought a buyer to inspect the business & it got SOLD! Great service, very attentive & service plus! Frank I.

Frank I

Although my business was in a "niche" market & quite specific in it's operation, Tony persevered & eventually found my buyer! At my price!. We were thrilled with his professionalism & personal...

Ken C