Business, Professional & Property Ser | Locksmiths

Back to Listings

Locksmiths

North Island | Ad ID# 3204
Industries  >  Business, Professional & Property Ser
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




Business For Sale By
Stephen Gardner

Contact the Seller
To inquire about this business for sale, click the "Contact the Seller" link below

  Website
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

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