Summary

Give me more information

Fully describe the business's activities?

Domestic lock services:
24hr emergency lock-out service
Free quotations-guaranteed workmanship
Security upgrades and advice
Lock installations, repairs/replacement
Keys made to locks
Door handles
Gate/garage remote coding8. Safes
Security/Expanda gate locks
Garage door locks
Key cutting
Shoe repairs
Retail security products in store.

Commercial lock services:
Master Key Locking Solutions
Lock-out service
Key cutting
Lock installation/replacement and repairs
Free quotes-guaranteed workmanship
Security upgrades and advice
Access control and intercom systems
Door closers
Door handles
Electronic and magnetic locks
Digital latch locks
Safes and strong rooms opened and keys made
High security locks
Keys cut to code
Burglar gates custom made and fitted
Office desk locks
Rubber stamps

Automotive locksmith services:
Lock-out service for all vehicles
Repair/renew ignitions and door locks
Lock combinations altered
Keys cut to vehicle locks
Transponder key coding and programming
Replacement key shells/housings7. Keys cut to code.
Laser & standard car key duplication
Remote battery replacements
Number plates
Surf keys - Waterproof, coded, transponder vehicle keys
Spare car keys
Stolen car keys
Broken keys

How does the business operate on a daily basis?

Retail security products in store as well as as call out service for lockouts, lost keys, lock fitting or replacement locks, safes and much more - see Business activities above.

What Advertising/Marketing is carried out?

Google AdWords.
The shop is in a high visibility area.

What competition exists?

There are two competitors in Ballito and one in Umhlanga/Gateway.

Give a breakdown of staff/ functions/ length of service?

Shop manager - Runs the shop, orders stock, cuts keys and makes keys for all types of locks brought into the shop.
On-call service technician - On the road for callouts and emergencies.
Administration and operations manager - Does admin and coordinates daily operations, together with the owner.

Do any have management potential?

Yes, to be discussed with qualified buyers.

How involved is the Owner in running the business?

The owner is very involved in the business.

When does the current lease end?

The current lese ends in August 2023.

What are the trading hours?

Monday to Friday: 08:00 to 17:00
Saturday: 08:00 to 12:00.

What are the main assets of the business?

A full asset list is available to qualified buyers.

Strengths?

This is a multi-faceted business in an excellent location.
It is a service orientated business that is always in demand.
A small but great team of experienced staff.

Weaknesses?

The business owner is very active in the business so the new owner will need to be a hands-on person.

Opportunities?

Open an additional store.
Expand on already implemented new business.
The Dolphin Coast is one of the fastest growing areas in the country and this will provide the business with new opportunities.