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Listed by:

Transworld Business Brokers

Locksmith And Security Firm With Recurring Revenue For Sale

New York, US
Asking Price:
$450,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$562,918
Cash Flow:
$236,001

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.

Property Information

Location:

Facilities: Retail storefront in mixed use building.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday-Friday 9am-5:30pm

Employees:
6
Years established:
1974

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$15,000 - included in the asking price
Inventory / Stock value:
$7,500 - included in the asking price
Relocatable:
This business can be relocated.