A locksmith and security specialist with a loyal customer base, operating under a recognised national franchise across the Kapiti Coast, Porirua and Johnsonville.
Key Highlights:
- 3-year average cash to owner of approximately $178,441, FY26 earnings of $149,000+
- 60% account customers, 40% cash customers, so income is not reliant on emergency or ad hoc work
- Long-standing commercial and institutional accounts, with restricted master-key systems generating repeat work through upgrades, replacements and servicing
- Broad service mix: automotive, residential and commercial locksmithing, electronic locks, access control, CCTV and alarm integrations
- Branded showroom, workshop and mobile service vans, with key-cutting machines, specialist machinery and stock included
- Specialist systems in place, including E-TS, Instacode, Promaster and Xero
- Lease through to 2034, subject to assignment and franchise transfer requirements
The customer base spans schools, retirement villages, builders, mechanics, property managers and homeowners, giving the business a wide spread of repeat work.
The business runs on proven franchise systems and software, with franchisor and vendor transition support available. The incoming owner will need to meet the applicable security licensing requirements.
Electronic door locks, card access, gates and bollards, alarm installations, new-build and tender work, upgrading older master-key systems, new commercial accounts and stronger social media marketing, plus added technician capacity across the wider franchise territory.
Call Hasit - 022 3738 496 or Peter - 021 507 313.
Price $395,000 incl. stock
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