Safe & Locksmith Company On Long Island For Sale

Business description

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

Summary Description
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. Please refer to listing number 11030 when inquiring about this opportunity.

Other information

Competition / Market:

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.

Support & training:

Yes.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Financing: $175,000 for a Qualified Buyer
Seller financing is available

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$50,000

Related documents:

• 
• Non-Disclosure Agreement