Do you have practical and managerial experience and want to own your own business?
Armstrong Security Tasman Bay/Nelson is now on the market and might be the right opportunity for you!
This is a profitable business, that made EBPITD of $201,000 for the owner in FY20, with plenty of scope to grow. The business has demonstrated the ability to generate cash flows with minimal working capital funding requirements and has a team of experienced and highly capable staff, who have the skills to guide the organisation through successive stages of growth.
Established over 10 years ago, the business forms a part of a franchise network which includes 17 stores across New Zealand. All backed by a national company that provides full and on-going support for an incoming franchisee.
Armstrong Security Tasman Bay/Nelson is the only business offering a turn-key package security solution from locks, keys, restricted security systems, safes, alarms, CCTV, access control to residential, commercial and automotive industries.
Reputation, relationships with suppliers and customers act as key barriers to entry. The business has countercyclical elements that make it resistant to economic downturns, due to the increased need for security when the economy weakens caused by an increase in property crime.
This is a rare opportunity for a driven operator to purchase a top locksmith and security business and grow it significantly.
Price $595,000
For a confidential discussion please complete our online confidentiality agreement.
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