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PROFITABLE LOCKSMITHS - East Sussex

Price:
Leasehold - £82,500
Turnover:
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Seller Ref:
SE001491
Location:

East Sussex

Business Type:

Service Businesses

See Other:
Locksmiths for sale in East Sussex
Service businesses for sale in East Sussex
Description:
THE BUSINESS:
Long established and only being offered for sale after 25yrs in same hands due to retirement, this very profitable well regarded business is run by the owner alone generating a turnover in excess of £108,000 and a consistent Net Profit well in excess of £50,000pa, but also has lots of further scope to expand under a partnership, or husband & wife team, if desired. Run from well fitted lock-up shop with 4 private parking spaces, contracts with local businesses & councils, etc. Rent £10,000pa. Owner prepared to provide training. Great opportunity, call for further details.
Location Details:
This long established profitable business has been trading from the same shop premises in a seaside resort in East Sussex for the last 25years, and is well positioned to serve the town, its residents & local businesses, and is also close to the various larger towns on the East Sussex coast, and although the current owner concentrates on the plentiful business in the immediate catchment area, the business is considered ripe to expand further a field, if desired. The shop itself is located in a small parade of shops close to the town centre and is very well known and established.
Lease Terms:
The owner of the business owns the Freehold of the shop and is proposing to offer the new owner a new lease with terms to be agreed at a rent of £10,000 per annum.
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