Relocatable Locksmith and Security Business for Sale, Franchise Ready, Lucrative Opportunity
Relocatable
- Status
FOR SALE
- Date Submitted:
15/10/21
- Advert ID
284499
- Asking Price: £95,000
- Turnover: £90,000 (£1,731 Per week)
- Net Profit: £30,000 (34% Profit margin)
Key Features
- Home Based
- Established Business
- Company for Sale
- Attractive Business
- Accounts Available
- Unique Business
Business Details
Locksmith and Security business for sale (franchise ready)
LOCKSMITH & SECURITY BUSINESS FOR SALE IN UK
A fantastic locksmith business opportunity which one can easily relocate anywhere in the UK is available for sale. It is a very lucrative business in a bustling industry. Initially set up to build into a national brand, the business rocketed in its first year and has seen a relentless interest in clients.
The business is currently run from home with no staff or office overheads and benefits from regular monthly fees on standing order, with 2-year contracts. This opportunity comes with various items, making it a ready-to-go business with an existing client base and recurring monthly payments.
It is a fully turnkey franchise business with currently ten franchisees on board. This sale is for the entire business, with all eight franchises wholly owned. All legal franchise documents are included in the sale. The asking price of the business is £95,000.
The business comes with the option of continuing to build the monthly repeat contracts (which are very simple to do), or you can also add to this by working as a locksmith.
Currently, the franchises are paying a set fee between £100 and £300 per month each, totaling a regular repeat monthly income of around £1000 per month (with numbers growing). All are on 2-year signed franchise agreements.
At present, the business is also selling around one franchise per month with profits of around £4000 per franchise. No experience is necessary to take over this opportunity, and the incoming owner can run it from home or anywhere in the UK. The location makes no difference to the regular repeat income achievable.
I have tirelessly worked over the last 24 months alongside leading marketing and design experts building a solid brand that is trademark protected and picked up Nationwide on Google searches. It comes with a fantastic website with locksmith search functions, costing the owners over £25,000 alone to build over 24 months.
Listing Statistics
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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.
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