One of the East Coast's most established locksmith and security specialists, serving the wider region for nearly 40 years. 3-year average operating earnings (EBITDA): $124,864, built on stable, repeat demand from loyal customers.
Key Highlights:
- Average gross margin of approximately 74% over the last three years
- Retail showroom and workshop, plus two mobile service vans
- Restricted-key and master-key systems that create recurring revenue
- Broad services: residential, commercial and industrial locksmithing, automotive, mobile call-outs, and retail sales of locks, keys and safes
- Experienced mobile locksmiths on the team, with the owner managing the business
- Long-term lease secured until 2040
- Limited direct competition in the region
- Comprehensive handover and training from the vendors
The customer base is diverse, spanning homeowners, builders, schools, councils, industrial clients and property managers, so income does not rest on any one sector.
This suits an owner-operator, or an existing security business looking to expand into a trusted, profitable operation with decades of goodwill behind it.
They don't build trust like this anymore. Forty years of keys, and one chance to hold them all.
Call us today Hasit - 022 3738 496 or Peter - 021 507 313.
Price $300,000 + stock
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