Locksmiths With Prestigious Government Work Over 3 Decades | | Lambeth London | | Two locksmith shops in South London. Both counter trade and outside work are predominantly government and commercial. There is scope to buld up the residential side. Would sell either entire business or one shop. Lease to let or rent Locksmiths With Prestigious Government Work Over 3 Decades is located in London. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 50541
ADVERT IMPRESSIONS : 8,434 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Locksmiths | | SALE: | Private Sale | ANNUAL RENT: | £12000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The business was built up over the years through a tradition of high technical skills, with fair and competitive service. The owner is coming up for retirement. Ideally the business should be developed, adding access control and more high-grade residential work to the existing flow of public sector and commercial lock and safe work, and counter sales. There are two shops (one with a yard suitable for welding), rents in the region of 1k per month each. One shop is in walking distance of Whitehall which is convenient for central government work. Counter trade for key cutting and sales of locks to facility management companies is healthy. Freehold of one shop is owned by the business owner (who would be open to offers to sell, or to enter a commercial lease). There is likely to be a lot flexibility in terms of continuing the leases on one or both shops. There are published accounts, last year overall turnover was somewhat over 300k, with a modest book profit. In the past the turnover was much larger, but declined due to health problems. It remains an excellent starting point with a very impressive client list. The owner is looking for someone who can take the business forward, and who is likely to keep on the skilled staff on fair terms. The person who takes over the business will need a little capital, together with the skills and enthusiasm to take the business forwards. | | | | | | FOR SALE | | | | | REFERENCE: | 50541 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
