FANTASTIC AND UNIQUE OPPORTUNITY!

The sale of Authorized Access represents a fantastic opportunity to purchase an established, award winning retail security business and mobile locksmith service. This is a rare opportunity to acquire a business with an active loyal customer base, longevity in business and an excellent reputation.

It is a ‘ready to go’ business with a fully qualified and experienced team in place. Ideal for anyone seeking a low risk entry into ‘being your own boss’ or to expand a business portfolio.

The new owners could choose to take a ‘hands on’ operational role or concentrate on the sales and marketing opportunities within the business, leaving the existing team to carry out the operational functions.

Authorized Access is a lively and energetic family owned and managed business which has been run with integrity since 1989. The business has built an unrivaled reputation in the community to a point today where they represent excellence in their field. Through skillful management and great vision, the business now stands on an excellent trading platform for the future.

The company operates from premises near the centre of Bury, enjoying a modern, vibrant and extensively stocked retail showroom with excellent customer footfall throughout the day. The premises although close to the town centre enjoys dedicated customer and staff parking.

The company has maintained good accreditation levels with BLI qualification for two staff members, Master Locksmith Association (MLA) approval. In addition they  have the status as a Mul-T-Lock Centre, EVVA and EuroSpec specialist as well as major stockists of many other security products and brands, benefiting from excellent, long standing supplier relationships.

The company maintains a training ethos ensuring all staff are trained at the earliest opportunity to the highest level. All staff have achieved a Customer Service qualification.

The company is renowned for its outstanding customer service and has been recognized in 3 awards in 2010 the most recent being ‘Customer Excellence’ Bolton and Bury Business Awards 2010.

Authorized Access offers a service to both commercial and domestic customers, providing credit account facilities to a large and long standing number of local companies. The business is currently made up of approximately 75% commercial and 25% domestic customers. They provide services to a wide range of commercial clients from local authorities, PCT’s, Charities and large national companies as well as smaller local companies and sole traders.  They maintain and enjoy a high level of repeat and referral based business.

In addition to retail and service, Authorized Access also offer advice led services and bespoke training to companies with employees needing to use locksmith skills and techniques in their normal course of duty.

Reason for Sale

The current owners having established and developed the business over a period of 21 years, are seeking to take advantage of a business opportunity in an unrelated sector and relocate to the south of the country. It was a consideration to operate the business at arm’s length, however given the huge potential for growth, it was felt more appropriate and in the best interests of the business to seek new ownership.

This really is a genuine reason for sale, the existing owners, having completed a two year business development programme have reluctantly decided to sell to pursue another opportunity. They feel the time is right to offer the Company to someone with the vision to take it on to the next level.

Owners Brief:

How We Set ourselves apart from our competitors

Authorized Access believes that the most important single factor in business is ‘the customer’. We are confident that we stand apart from our rivals because we believe that every business activity should be carried out with the sole intention of satisfying our customer’s needs. We source, deliver and install products and services designed to improve the quality of life for our clients.

Authorized Access believes it is not one single factor that sets us apart from our competitors but through a multifaceted approach to business, ensuring that we continually strive to achieve excellence in service delivery.

What you can expect as the new owner of Authorized Access

• Reputation: – Authorized Access enjoys a reputation which is ‘second to none’ both within the local area, community and industry sectors.  This is evidenced by the following
  • Gaining numerous awards over its lifespan including recent awards for ‘Customer Excellence’ – Bolton & Bury Business Awards 2010, ‘most loved locksmith’ and ‘best service provider’ – Best Of Bury.
  • The company enjoys a high level of repeat and referral business both from commercial and domestic clients.
  • The company is invited to partner with agencies such as Bury Crime Prevention Panel, Home watch organisations and police crime prevention initiatives.

• Business profile: – The Company maintains a high local profile demonstrated in a variety of ways including
  • Charitable work, holding events in house and attending charitable events. Giving preferential rates for charities such as Age Concern, Bury Hospice and Victim Support.
  • Effective PR and Networking. The company seeks to actively promote itself and it’s work through a variety of media.
  • Its longevity in the town affords it the benefit of being a recognised company name with a reliable and trustworthy reputation.
  • Work Experience/Return To work Programmes:- Authorized Access understands the value of offering the provision of work placements to both school children and those individuals requiring a return to work after accident, illness or long term unemployment.  These organizations actively seek out Authorized Access as a preferred placement provider.

• Master Locksmiths Association Membership:- Membership of our industries lead organisation has been held since the mid 1990’s, achieved by compliance with codes of conduct and retaining a level of skilled and qualified staff. This status would be retained under new ownership though existing staff qualification or the new owners seeking to obtain this qualification in their own right.

• A fully systemised and operational business- Over the last two years, we have implemented systems and procedures to ensure effective and efficient operational functionality. This includes:-
  • A comprehensive and well populated database of Customers and Prospects all managed through a Customer Relationship Management System (ACT).
  • Full sales order processing and invoicing from stock via SAGE.
  • A interactive and fully optimised ‘permission marketing’ website with an automated email service.
  • Company policies and procedures via outsourced HR company intranet.
  • Corporate Identity:- The company has a readily recognised and modern identity through staff uniforms, branding and all marketing material.

Financials

The business operates from rented retail premises close to the centre of Bury.  The lease has 6 years to run with a break clause option in June 2011 (notice to be given 6 months prior). We have been tenants of the same landlord for 20 years and therefore enjoy an excellent business relationship.

Three year financial projection demonstrates that achievable modest growth will yield substantial profits. This could be improved upon by new owners marketing the business aggressively and exploiting the post recession market.

The business systemically is in a position to be franchised and new owners wishing to choose this option could expect high financial rewards.

Audited accounts and financial projections can be supplied to interested parties on request, after signing a confidentiality agreement.

Principle Activities

Our primary product range and services currently includes:-

• Supply and Installation of general security products which include locks, padlocks, safes, window security, architectural ironmongery, access control, CCTV and some alarm work.
• Our fully stocked security showroom allows customers a ‘hands on’ experience when choosing security.
• Our mobile workshop provides emergency locksmiths facilities, general installation services and is fully stocked with a wide range of popular security products.
• Our longstanding presence in the security industry allows us to offer home and business Security Audits with guarantees to our customers of thoroughness and reliability from a real depth of knowledge.

Specialist Services:-

• We specialise in the design and implementation of high security, restricted key systems, master keyed, keyed alike or managed systems all generated and built by our in house team.

Our customers include:-

• Long standing local authority accounts throughout the northwest including 11 accounts within Bury MBC, plus schools, colleges, care homes and social services departments.
• Primary Care Trusts
• Charities such as Action for Children, Bury and Bolton Hospice
• Housing Associations
• Large local companies including Tetrosyl, Garic Uk, Northern Foods, Cormar Carpets, The Esporta Group
• Many local private businesses and loyal domestic customers.

Company Structure

The diagram below shows the current operating company structure. The top tier would be left vacant as new ownership takes place. The existing staff would remain in post and fully operational should the new owners wish to take on a sales/marketing role.

Margaret Ramsden                                 David Ramsden                             Gaynor Ramsden

Company Secretary Director                                                    Director

(Honorary role)                                           (Sales/Operations)                           (Admin/Marketing)

 

Operations/Shop manager          Qualified Master Locksmith

Lee Tweedale                                           Lee Crompton

 

Apprentice

Scott Bell

 

Contact for more information 07740 740078