Locksmith & Security Firm With Recurring Revenue


Listing ID: 700348184

Listing Title: Locksmith & Security Firm With Recurring Revenue

Quick Link: http://www.globalbx.com/listing.asp?bId=348184

Industry: Business Services

Industry Segment: Locksmiths

Country: United States

State / Province: New York



Asking Price Range: $500K - $1.0M

Gross Revenues: $562,918

Cash Flow: $236,001

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1974

Number of Employees: 6 - 9

Business Description:
This locksmith and alarm company is a family owned and operated security business. It is well known and highly respected provider of commercial and residential security and safety systems in Manhattan for almost 50 years. They are licensed and bonded locksmiths who provide alarm service, installation and repair, audio & video intercom systems, video surveillance, security monitoring and a variety of other security related services. They feature the latest technology in alarms, surveillance cameras, video & audio intercoms, locks, card access, gates and safes. They service and install lock and security systems for several major Manhattan property management companies across the city. They are proud of their prompt, professional service 24 hours a day, seven days a week, 365 days a year. They have very competitive prices and offer free estimates. The volume of commercial and residential construction and development in Manhattan means opportunity for the local lock and security industry. And there is nothing to prevent an aggressive new owner from bidding on large projects in Brooklyn or Queens as well. There are ten years remaining on the lease. Rent is $5,700/month.

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