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Locksmith And Security Business With Shop And Workshop For Sale

Malaga, Spain
Asking Price:
€139,500 Furniture / Fixtures and Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

Business with shop for sale. 40 years established Security Business specialising in locks, keys and the manufacture of dispensing draws and night pay hatches for the security and protection of businesses like chemists and fuel stations.
This specialist lock and security business was established by the seller 40 years ago, he has now retired. The business was closed recently and a new owner, with the necessary experience and skills in this type of activity, could quickly pick up the business and re-open, it would also suit an already established locksmith that wants to expand their operation. We are informed by the seller that orders from hotels, banks etc are still coming in and there is a huge data base of business clients for a new owner to acquire from Malaga to Marbella.
Located in a busy area of Malaga City, the business has a ground floor shop front for walk in clients and a workshop on the first floor.
We are informed that included in the modest freehold sale price there is a huge stock of locks, keys, safes and security associated parts and components plus a computerised key cutting machine and 3 manually operated key making machines plus display cases etc etc.
A recent bank valuation of the property was approximately 90.000 euros so considering the stock, machinery, business name, website and data base valued at more than 65.000 euros, the asking price must be therefore considered a bargain.
For more information, or to arrange an appointment to view, please contact KS Costa Estates by sending a message.

Property Information

Real Estate:

Real Property Included

Location:

Busy area of Malaga City, in this location knowledge of the Spanish language would be an advantage

Premises Details:

30m2 ground floor and 30m2 first floor where the workshop is located
Fully equipped
Stock included

Business Operation

Reasons for selling:

Retirement

Trading hours:

Closed recently.
Owner has retired.

Years established:
40

Other Information

Furniture / Fixtures value:
€25,000 - included in the asking price
Inventory / Stock value:
€40,000 - included in the asking price