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Safe & Locksmith Company For Sale
Location: United States -> New York -> Long Island
Industry: Business Services > Locksmiths




Business Summary

This business has established an excellent reputation for the past 25 years as a reliable and dependable safe and locksmith company. Approximately 50% of their revenue is from selling and installing safes and the remaining 50% is from servicing their locksmith customers. They have a diverse mix of customers including large commercial accounts as well as residential walk-in customers. There are well known within their community for providing expert locksmith service and for having a wide variety of safes for sale. The owner is willing to work with the new owners for up to a one year in order to insure a smooth transition. The buyer should be either mechanically inclined or ideally a locksmith.

Financial Information
Asking: $350,000
Gross: $450,000
Cash Flow: $130,000
Furniture, Fixtures & Equipment: $50,000
Inventory: $50,000 (not included in price)
Financing: $175,000 for a Qualified Buyer
Seller financing is available

Email or call at 516-626-2211 for more information on this safe & locksmith company for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $450,000
Cash Flow:   $130,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  1986
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Owner is retiring.

Photos

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Safe & Locksmith Company For Sale Photo 1




Print Listing Id: 700149934
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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