For Sale
Extremely well established locksmiths business for sale
London, Greater London
- Asking Price: £199,999 +SAV
-
Turnover:
Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07416
Hilton Smythe are delighted to welcome to the market SLS Locksmiths Limited, a highly rated locksmith business in London.
SLS Locksmiths Limited was established by our client back in 1999, building up an excellent reputation and very loyal client base. As seen by the online ratings and reviews, the business is extremely popular within the region.
The business has now come to the open market due to a change of direction for our client.
SLS Locksmiths is located in South London, providing an excellent service and advice to all customers. The business is approved by Master Locksmiths Association and are equipped to cover a wide array of services from emergency locksmith work to supplying and fitting safes.
With over 20 years of experience in the trade, any task can be covered no matter how complex it may be. With customers ranging from the domestic to the commercial sector, their professional locksmiths are trustworthy, friendly and professional and will provide any necessary advice to keep you and your valuables safe.
Services include -
- Locks fitted/Locks opening/Locks changed and repaired
- Burglary Repairs
- Commercial and Domestic
- UPVC Door Locks
- Auto Car Services
- Security Safes
- Key Cutting – to local and code
- Free survey & Quotation, Police and Insurance specifications implemented
- Lost Car Keys
- Damaged Car Keys, Car Key Repairs and Car Key Fob Repairs
- Transponder Car / Vehicle Key Cutting
- Mobile Auto Service
- Bromley
- Croydon
- Mitcham
- Morden
- New Malden
- Streatham
- Sutton
- Thornton Heath
- Wimbledon
- A well established business with an enviable reputation and many existing customers
- Current owner happy to offer a handover to ensure the continued success of the business
- All fixtures, fittings and equipment pursuant to the running of the business included in the sale
- Ideal owner managed or partnership business
- Perfect bolt on to an existing business looking for a foothold in London.
- Advertising and Marketing campaign
- Maximum the use of social media
- Invest in SEO and PPC to drive new customers to the company website
- Expand geographically
- Offer a 24 hour call out service
We are advised that the business is run and managed by our client.
The current trading hours are -
Monday to Friday – 8:30am – 5:30pm
Saturday and Sunday - Closed
SLS Locksmiths Limited is located at the Vale Industrial Park in South London.
The business occupies modern purpose built premises ideally suited to the trade.
- Workshop - With single pedestrian door and roller door to front, generous workshop with high ceilings and potential for a mezzanine, first floor office, WC with hand wash basin.
There is staff and customer parking immediately outside the premises
Tenure
We are advised that the business is being sold on a Leasehold basis. As our client owns the freehold, they've advised that a mutually acceptable lease will be negotiated with the owner, with rent terms to also be negotiated.
Our client has also advised that a freehold option may be available for purchase, subject to a seperate negotiation.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
