Locksmith and Security Business, Wide Bay
Security Services
ActiveServicesQueenslandB2B & B2C
Asking price
$1,300,000
Disclosed · AUD
Revenue
—
Earnings (est.)
~$438,759
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Diverse locksmith and security service business across the Wide Bay region of South East Queensland
- 40-year legacy with residential, commercial and automotive locksmith services plus CCTV, alarm and access control installations
- Over 90% market share in the commercial sector across SE Queensland
- Long-term contracts with clients including QBuild, Queensland Health and the local prison
- Two shopfronts in Maryborough and Hervey Bay with 13 skilled staff including tradespeople and apprentices
- Recurring income from ongoing service agreements with schools, resorts and motels
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