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Top-rated London-based locksmith business SLS Locksmiths Limited for sale

City of London, London
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Extremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for saleExtremely well established locksmiths business for sale
  • Status

    FOR SALE

  • Date Submitted:

    30/06/23

  • Advert ID

    515941

  • Reference

    B07416 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £199,999
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Extremely well established locksmiths business for sale

Business
Please quote reference B07416

CoGoGo are delighted to welcome to the market SLS Locksmiths Limited, a highly rated locksmith business in London. 

SLS Locksmiths Limited was established by our client back in 1999, building up an excellent reputation and very loyal client base. As seen by the online ratings and reviews, the business is extremely popular within the region.

The business has now come to the open market due to a change of direction for our client. 

SLS Locksmiths is located in South London, providing an excellent service and advice to all customers. The business is approved by Master Locksmiths Association and are equipped to cover a wide array of services from emergency locksmith work to supplying and fitting safes.

With over 20 years of experience in the trade, any task can be covered no matter how complex it may be. With customers ranging from the domestic to the commercial sector, their professional locksmiths are trustworthy, friendly and professional and will provide any necessary advice to keep you and your valuables safe.

Services include - 

  • Locks fitted/Locks opening/Locks changed and repaired
  • Burglary Repairs
  • Commercial and Domestic
  • UPVC Door Locks
  • Auto Car Services
  • Security Safes
  • Key Cutting – to local and code
  • Free survey & Quotation, Police and Insurance specifications implemented
  • Lost Car Keys
  • Damaged Car Keys, Car Key Repairs and Car Key Fob Repairs
  • Transponder Car / Vehicle Key Cutting
  • Mobile Auto Service
SLS Locksmiths Limited covers the following areas -

  • Bromley
  • Croydon
  • Mitcham
  • Morden
  • New Malden
  • Streatham
  • Sutton
  • Thornton Heath
  • Wimbledon
Key selling points -

  • A well established business with an enviable reputation and many existing customers
  • Current owner happy to offer a handover to ensure the continued success of the business
  • All fixtures, fittings and equipment pursuant to the running of the business included in the sale
  • Ideal owner managed or partnership business
  • Perfect bolt on to an existing business looking for a foothold in London.
Scope for further growth -

  • Advertising and Marketing campaign
  • Maximum the use of social media
  • Invest in SEO and PPC to drive new customers to the company website
  • Expand geographically
  • Offer a 24 hour call out service


Location
SLS Locksmiths Limited is located at the Vale Industrial Park in South London. 



Premises
The business occupies modern purpose built premises ideally suited to the trade.

  • Workshop - With single pedestrian door and roller door to front, generous workshop with high ceilings and potential for a mezzanine, first floor office, WC with hand wash basin.
The premises are immaculately presented and maintained with clear visible signage.

There is staff and customer parking immediately outside the premises



Tenure
We are advised that the business is being sold on a Leasehold basis. As our client owns the freehold, they've advised that a mutually acceptable lease will be negotiated with the owner, with rent terms to also be negotiated. 

Our client has also advised that a freehold option may be available for purchase, subject to a seperate negotiation. 



Hours
The current trading hours are -

Monday to Friday – 8:30am – 5:30pm

Saturday and Sunday - Closed



Staff
We are advised that the business is run and managed by our client.



Financial Profile
Further financials can be made available upon request. 



Read more

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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.'.

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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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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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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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