Well Managed Locksmith and Security Business for Sale #5272SR

Homeware/Hardware Homewares/Hardware Security

This business has been established in Brisbane for over 30 years. With an excellent website in place, it’s an ideal business for someone looking to spend a minimal amount of time working on the business. Their team of professionals have a wide range of quality experience in the security industry which is evident in the work they do and the high volume of positive feedback they receive. The sellers have decided to sell the business with plans to travel and retire.

Key Points:
* Personnel: 8 highly skilled licensed staff
* The owner spends a minimal amount of time per week working on the business
* The turnover for the 2021 financial year was over $2.2 million
* This business also has a government contract
* EBITDA sits at more than $500,000 in profit
* Lease expires in 2024 with a 5-year option
* Rent is $4,252.46 incl. GST pcm
* The business uses top brands such as Assa-Abloy, Lockwood, Dormakaba, Yale, Brava and Evva
* Large inventory of established clients in core industry area’s including real estate agencies, local councils, department of housing, schools, and hospitals to name a few
* High visibility with busy main road frontage
* An extensive data base of loyal and long-term customers from the area and surrounding suburbs
* The business would suit someone looking for a bolt on acquisition
* There is potential to expand this already profitable business

This opportunity is not to be missed, get in contact with us now.

Asking Price $990,000 + SAV ($90,000)

To find out more information about this business, please complete the confidentiality agreement quoting reference number: 5272SR

Broker: Roland Teh| E: [email protected]| P: 0420 357 861
Head Office | P: 07 3368 4010| E: [email protected]

Listing Features