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8429WS MASTER LOCKSMITHS & SECURITY ENGINEERS £35,000 LEASEHOLD + SAV WEDNESBURY
For Sale
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Description : |
THE BUSINESS
Advent Business Sales have been instructed
to offer for sale this well established
business with excellent further potential.
Established over 10 years and under its
current ownership for around 3 years, the
business is now reluctantly offered for sale
due to the vendor’s other business
commitments.
The business offers a range of services and
products including safes, locks, key cutting,
door security furniture, window & door
security bars and signage.
The product range offered is from such well
known and respected brand names such as
Squire, Chubb, Yale, Legge, Centurion and
installation services are also offered with
one of the employees a fully experienced
locksmith.
The business occupies an attractive double
frontage premises with no direct local
competition and we are advised by the
vendor that current stock at valuation is
approximately £15,000. The premises were
refurbished 3 years.
EXPANSION POTENTIAL
• The business has excellent potential
for further growth including
offering cutting & coding for
vehicle immobiliser keys, engraving
services and marketing and
advertising to increase trade further.
• There is big potential for growth in
the local market as well.
• There is also scope for advertising.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £110,000
Gross Profit: 35%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
An attractive ground floor double frontage
lock up premises with the added security of
roller shutters, alarm and CCTV system and
consisting of the following;
Ground Floor
Glass display window frontage with
central entrance door leading into;
Main sales area with counter servery
and retail display wall racking
throughout, carpeted with suspended
ceiling.
Doorway leading to Store/workshop,
Kitchen, W/C with doorway exiting to
rear yard.
Door to rear of counter giving access to
2 offices.
External
Paved to front.
Enclosed rear yard with gated access. |
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Trading Hours : |
TRADING HOURS
Mon - Sat: 9.00am – 5.00pm
Sun: Closed |
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Staffing : |
2 FT |
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Tenure : |
Leasehold
Original Term: 5 years
Term Remaining: 3 years
Rent reviews every; 5 years
Rent: £70 per week
We are advised that the annual business
rates are currently: £770 per annum |
Request more information on this business for sale:
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