well-established, commercial locksmiths with an extensive base of loyal clients in the public and pr

Well-established, commercial locksmiths with an extensive base of loyal Clients in the public and private sector Ref.JB009 Location Dorset Asking Price £ 145,000 Established for over ten years this business has grown to become one of the leading commercial locksmiths in its area, specialising in the installation, service and repair of commercial grade high security locks. As the distributor within its geographical area for one of the world’s leading electronic access control systems, this business is also very active in the access control sector – servicing, repairing and installing access control systems from a very wide range of manufacturers. This business has been carefully managed throughout its ten years of operation. With a steady workflow, growth has been consistent with a concentration on the better quality commercial work available. Operating mainly within its county boundaries to minimise travelling time, this business has focussed very much on the upper end of the market providing all types of system from the very simplest on the market to full PC based systems where staff are allocated various levels of access. Its customer base, which in many cases has been hand picked and secured through direct approaches, covers both the public and private sector - schools, universities and local authorities as well as some of the most prestigious names in the corporate sector including a major bank. Offering a high standard of work, the business commands a high premium for its services. This business has deliberately avoided the residential sector, and whilst it is theoretically on call 24/7, with most of its customers having on-site security, the overwhelming majority of the two to three calls it makes per day are service calls to regular customers undertaken during normal working hours.

With a strong demand for services and the capacity to increase turnover, a new owner with fresh ideas and motivation could easily build on what is currently an excellent and very loyal customer base. With constantly changing legislation e.g. Health & Safety, the Disability Discrimination Act etc, affecting the areas in which this business operates the market for its products and services is growing rapidly, a trend that will continue for many years to come. The requirements of customers to be compliant means this business is constantly in demand reviewing existing arrangements and installing upgraded systems where applicable. By specifying on Call Reports and customer invoices instances of non-compliance, this business is frequently recalled to estimate and undertake work, thus establishing a regular stream of income from existing customers.