• Category: Office and Business - Businesses For Sale - Service Business
  • Condition: New
  • Region: Western Cape - Stellenbosch
  • Published: 18/09/2020
  • Ad Type: Business
  • Viewed:

Locksmith Business For Sale In Stellenbosch

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R 166 400 For Sale
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History Background
Fully describe the businesses activities
unlocking locks
Attending to call outs
Key cutting
Present Market
How does the business operate on a daily basis
Received calls, attends to the request off-site
How are the clients attracted to the business
Clients seek business services after car, business or home lockout.
What advertising/marketing is carried out
Digital Marketing - search engine optimization / google maps
Social media marketing - Facebook page
What competition exists
There are 2 other businesses with 1 being a franchisee of a group
Financial
How could the profitability of the business be improved
The business could sell physical products related to security and offer installation as part of its services.
Premises
What are the trading hours
Locksmiths require emergency service options to become profitable.
S.W.O.T Analysis
Strengths
It can operate as a home based business with the owner operating.
Weaknesses
Training locksmiths for customer service to keep positive ratings high is a challenge.
Opportunities
ECommerce business selling products related to security and offering installation and maintenance services.
Threats
If money is not pumped back into digital marketing other companies will overtake the companies current rankings resulting in decreased traffic and revenue.
Reason For Sale
What is the reason for the sale
Business has reached maturity, the digital marketing company the owns the listing builds businesses to sell.
Conclusion
Why is this a good business
It can be run as a home based business with one locksmith to begin with
The expansion to eCommerce makes it scale able yet still manage at home.
It currently receives 120+ calls monthly that the marketing agency turns down.
What is the price + stock and the profit
Selling Price - R166,400.00
Monthly Profit - R83,200.00
PS: The actual value of the business is R1,898,085.00 because of its revenue so it’s a great reseller too if you are patient enough to wait

  • Category: Office and Business - Businesses For Sale - Service Business
  • Condition: New
  • Region: Western Cape - Stellenbosch
  • Published: 18/09/2020
  • Ad Type: Business
  • Viewed:

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