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LockFit Franchise Locksmith Business for Sale in Exeter Devon

Exeter, Devon
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Established Profitable LockFit Franchise Locksmith Business for Sale – Exeter & Surrounding Areas Photo 1
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Established Profitable LockFit Franchise Locksmith Business for Sale – Exeter & Surrounding AreasEstablished Profitable LockFit Franchise Locksmith Business for Sale – Exeter & Surrounding Areas
  • Status

    FOR SALE

  • Advert ID

    654846

  • Asking Price: £45,000
  • Turnover: £94,000 (£1,808 per week)
  • Profit: On request

Key Features

  • Emergency locksmith services
  • Commercial lock installation
  • Competitive pricing structures
  • Comprehensive marketing strategies

Business Details

Established Profitable LockFit Franchise Locksmith Business for Sale – Exeter & Surrounding Areas

Established Profitable LockFit Franchise Locksmith Business for Sale – Exeter & Surrounding Areas

A rare opportunity to acquire an established and profitable locksmith business operating within LockFit, one of the UK's largest locksmith franchise networks.

 

Built over the last two and a half years, this business has developed an excellent local reputation, strong online visibility, and a loyal customer base.

 

The business has been independently valued based on its trading history, profitability, online presence, customer base and future growth potential at approximately £95,000.

 

However, due to the owner's requirement to relocate closer to family because of family circumstances, the business is being offered at a significantly reduced price of £45,000 for a quick sale.

 

This is a successful and enjoyable business that the current owner would not be selling otherwise.

 

Key Highlights

 

  • Established profitable locksmith business
  • Consistent annual turnover of approximately £90,000
  • Excellent margins with parts typically under 9% of turnover
  • Main Exeter Google Business Profile with 150 five-star reviews
  • Additional Exmouth and Sidmouth Google Business Profiles with strong rankings and reviews
  • Established Checkatrade profile with 150 reviews (subject to transfer approval)
  • Existing customer database and repeat customers
  • Established relationships with landlords and property management companies
  • Full training and comprehensive handover provided
  •  

The business benefits from a strong online presence, with multiple high-ranking local search positions already established, saving a new owner years of work building reputation and visibility.

 

The current owner operates efficiently, completing approximately 4–8 jobs per day, with busy days reaching 12 jobs. The business has not actively pursued out-of-hours work during the last year, leaving further opportunity for growth.

 

The buyer will benefit from:

 

  • Transfer of Google Business Profiles
  • Business telephone numbers
  • Existing customer relationships
  • Established marketing presence
  • LockFit franchise support, systems and training
  •  

No previous locksmith experience is required, as full training and handover will be provided.

 

Additional Opportunity

 

The neighbouring LockFit franchise covering Torbay and Newton Abbot is also available separately.

 

The two territories have successfully operated alongside each other, allowing support with busy periods, larger jobs and general knowledge sharing.

 

A buyer can purchase either territory individually, or acquire both and choose to operate them separately or combine them into one larger locksmith operation.

 

The Torbay/Newton Abbot franchise has approximately one year less trading history and will be available at a lower price.

 

Serious enquiries welcome.

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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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