Locksmith Franchise for Sale in Woodbridge Suffolk

Description

CoGoGo presents an opportunity to acquire a well-established independent locksmith business trading as Deben Locks.The business is located in Woodbridge, Suffolk, a vibrant and affluent market town with strong local demand and excellent transport connections. It provides an ideal base for both residential and commercial locksmith services.Deben Locks has built a strong local reputation supported by excellent customer reviews and a steady flow of new enquiries. The business is being sold due to retirement, allowing a new owner to take over a fully operational and established service with minimal disruption.The business operates on a mobile, home-based model with no fixed premises, helping to maintain low overheads and high flexibility. Customers include homeowners, tenants, landlords, estate agents and local businesses requiring locksmith and security services. The business benefits from a high proportion of new customers, approximately 90%, alongside repeat work and ongoing demand.Importantly, there are no longer any territory restrictions, allowing expansion into Norfolk, Essex and Cambridgeshire. This significantly enhances growth potential while maintaining stable operational costs.The sale includes a fully equipped and branded van, complete with tools, stock and all necessary equipment to operate from day one.This is a business-only opportunity, with no physical premises involved.Current working hours are flexible, offering strong work-life balance and the ability to operate outside traditional working patterns, in line with demand for emergency and call-out services.The business is currently owner-operated with no additional staff, providing clear scope for expansion through recruitment and increased capacity.Financial information indicates an annual turnover of approximately £70,000 with a net profit of around £26,000, reflecting strong performance under single ownership with further growth potential.This opportunity is well suited to both first-time operators and experienced tradespeople seeking an established and scalable business.