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Established Key Cutting & Locksmith Business In For Sale

Garden Route, Western Cape, South Africa
Asking Price:
R350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R420,000
Cash Flow:
R20,000

Well-established key cutting, locksmith and shoe repair business for sale, operating successfully for 20 years from a busy shopping mall in the Garden Route. The business generates a monthly income of approximately R35,000 with a monthly net profit of around R20,000.

The business offers key cutting, shoe repairs and the supply of a wide range of locks. Located within a high-footfall shopping mall, it has built a loyal customer base over many years and benefits from consistent repeat business and excellent visibility.

The premises are secured with a five-year lease, with monthly rent of R6,000 including electricity. Included in the sale are equipment and machinery valued at R120,000 together with stock valued at R60,000. This is an ideal opportunity for an owner-operator looking to acquire an established business with an existing customer base.

The current owner is selling due to relocation. Enquiries are welcomed from serious buyers seeking further information about this urgent sale.

Business Operation

Competition / Market:

Established business with a loyal customer base built over 20 years.

Years established:
20 years

Other Information

Furniture / Fixtures value:
R120,000 - included in the asking price
Inventory / Stock value:
R60,000 - included in the asking price