South Kelleton Keys and Locksmith is a new locksmith shop that focuses exclusively on locks and security products. Padraic lawkse, a skilled, certified locksmith, established and manages the business. Through direct selling and advertising, the business will open a South Kelleton store and sell lock hardware to homeowners, builders, homeowners and renters.
With a projected nearly doubling in sales, net profit will grow significantly from the first year to the third. The company will expand its services and products sales, as well providing qualified referrals to security vendors for clients who are unable to handle their needs directly. An additional locksmith will join the business in the third year to apprentice under Pad Lawkse and expand the company’s business.
South Kelleton Keys Locksmith requests a three year loan to finance the initial operations and Pad Lawkse’ s capital investment.
1.1 Objectives
The objectives for South Kelleton Keys and Locksmith are:
- Open a store at a prominent location in South Kelleton
- Establish relationships for lock sales with ten apartment buildings in your first year.
- Achieve a doubling sales rate in the third year. Gross margins are better than 40%.
1.2 Mission
South Kelleton Keys Locksmith will enhance the security of South Kelleton’s residents, tenants, and owners by providing high-quality locks, security products, and highly skilled installation.
1.3 Keys to Success
SKelleton Keys has to be a success in locksmith business
- Establish relationships and trust with building owners
- Increase community awareness of their quality, location, and reasonable prices
- Respond quickly to your requests
- Sell “security and peace” of mind rather than “locks”
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