Locksmith Franchise for Sale in Woodbridge Suffolk
Woodbridge, Suffolk
- Status
FOR SALE
- Advert ID
637045
- Reference
B09007 / Rightbiz
- Call Agent:
- Asking Price: £30,000
- Turnover: £70,000 (£1,346 per week)
- Profit: £26,000 (38% Profit margin)
Business Details
Unlock Your Future – Profitable Locksmith Franchise in Woodbridge
BusinessPlease quote reference B09007
CoGoGo presents your chance to unlock a brilliant business opportunity!
This established independent locksmith business, Deben Locks, based in Woodbridge, is now available for new ownership. Whether you're looking to step into self-employment, add a flexible and profitable venture to your portfolio, or take over a well-regarded local business, this opportunity ticks all the boxes.Â
Trading as Deben Locks, the business benefits from a strong local reputation, excellent customer reviews, and a consistent flow of new enquiries. With retirement prompting the sale, a new owner can step straight in and continue operating a healthy, profitable business with minimal disruption.Â
The business is based in Woodbridge, Suffolk, a vibrant and affluent market town renowned for its strong community, excellent amenities, and reliable transport links. The location provides an ideal base for residential and commercial locksmith links. The location provides an ideal base for both residential and commercial locksmith services. Importantly, there are no longer any territory restrictions, allowing the business to expand freely into Norfolk, Essex, and Cambridgeshire. This change significantly reduces operating costs and has minimal impact on turnover, as approximately 90% of customers are new, offering excellent scope for growth.
Deben Locks operates as a mobile, home-based, one-person business, keeping overheads low and flexibility high. Customers range from private homeowners and tenants to landlords, estate agents, and local businesses requiring locksmith and security services. The business enjoys high levels of repeat custom alongside strong ongoing demand from new clients.
This is a ready-to-go operation, ideal for someone new to the locksmith industry or an experienced tradesperson seeking independence. Training can be arranged where required, and the existing business structure allows for straightforward expansion.
Selling Points:
- Established independent locksmith business trading as Deben Locks
- Strong local reputation with excellent customer satisfaction
- No territory restrictions - expansion potential across Suffolk, Norfolk, Essex & Cambridgeshire
- Low overheads - mobile, home-based operation
- High proportion of new customers (approx. 90%)
- Profitable and flexible business - ideal for owner-operators
- Retirement sale - genuine opportunity
Location
This LockRite Locksmith franchise is currently located in Woodbridge, Suffolk.
Premises
As a mobile service business, there are no fixed premises to worry about – everything you need is on the move! The franchise provides a fully equipped, branded van, complete with tools, stock, and all the essentials required to operate from day one. This keeps overheads low and maximises profits.
Tenure
This opportunity is being sold on a business-only basis.
Hours
Current hours are flexible, offering an excellent work-life balance. Locksmith services are often in demand outside of the traditional 9-5, so you'll have the freedom to work hours that suit you and your lifestyle.
Staff
At present, the business is owner-operated with no additional staff. This provides an excellent opportunity for a new owner to expand and grow by employing staff, increasing capacity and turnover.Â
Financial Profile
We are advised that the business achieves a turnover of approximately £70,000 per annum with a net profit of around £26,000. These figures reflect the business's excellent performance under single ownership, with further scope for growth under new management.
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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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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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