Profitable, Long-Standing Locksmith and Security Business in Gloucestershire for Sale
Undisclosed, Gloucestershire
- Status
FOR SALE
- Date Submitted:
29/04/24
- Advert ID
610509
- Reference
S1702 / Rightbiz
- Call Agent:
- Turnover: £70,000 (£1,346 Per week)
- Net Profit: £50,000 (72% Profit margin)
Key Features
- Small Business
- Established Business
- Accounts Available
- Prime Location
- Retirement Sale
Business Details
Very Well Established Multi Faceted Locksmiths Security Business In Gloucestershire For Sale
Based in the South-West, the business has been trading since 1993 and is known as the most reliable locksmith in the area. Alongside a 24/7 locksmith service, the trading model is competent in key cutting and retailing security items such as safes. The business trades from small premises with visible frontage that would be ideal for owner operation. The opportunity holds a majority share of the market within a 25-mile radius and is completely ready to run with all tooling, stock and vehicles included in the sale.
Key Highlights:
Master Locksmiths Association Member for 29 years
High-Profit Margin Service
scope to expand opening hours
currently operated part-time
Growth potential:
There is significant scope to develop the successful platform established by the founder, who wishes to retire from the industry. We are advised that the business model could expand to offer:
Automated Security and Access Control
alarm Alarm Systems
- CCTV
- Engraving
- Automotive
- Engraving
Contact Agent
Listing Statistics
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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