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Businesses For Sale   >>   Long Island Businesses For Sale   

Safe & Locksmith Company For Sale

Location  Long Island, New York, United States
Asking Price Range  $250K - $500K
Gross Revenues  $450000
Net Profit / Cash Flow  $130000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1986
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Owner is retiring.

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. 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.


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