Automotive & Marine | Locksmiths
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Locksmiths
North Island | Ad ID# 3204
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| Asking Price |
$499,000.00 |
Inventory |
$
Included in Asking/Selling Price |
| Gross Income |
$254,000.00 |
Real Estate |
$Lease |
| Stock/Inventory value |
275000.00 |
Year Established |
1980 |
| FF&E |
$85,000.00
Included in Asking/Selling Price* |
Employees |
1 |
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Business For Sale By
Stephen Gardner
Contact the Seller
To inquire about this business for sale, click the "Contact the Seller" link below
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Locksmiths
A long established and busy locksmiths business is for sale for the first time. It is for sale due to the owner retiring. The business consists of a Full time working owner and one other Full time staff member. The shop is in a busy suburb, and two vans are on the road. This business is growing all the time with loads of untapped potential for someone with more energy, both in retail sales and wholesale. A new low cost lease is available to an incoming purchasor. The business shows a reliable ongoing return on investment of about 15% after staff and owners wages
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General Information
Facilities: The shop area is 80 square metres, with a snall basement /workshop and 3 car parks. Current lease expires in two years but the owner is willing to negotiate a new lease. Included is an extensive list of good equipment and two fully equipped toyota vans. This could be a walk in/ walk out operation
Property/Location
Facilities: Hamilton East
Lease Terms: two years to run on current lease. Building owner has expressed willingness to negotiate a new lease to suit
Real Estate: Lease
Other Information
Reason for Selling: Retirement and shifting well away
Lease Terms: two years to run on current lease. Building owner has expressed willingness to negotiate a new lease to suit
Training/Support: Two weeks to train new owner
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