Property Details

Sales and Repair of Electronic Storage Devices Business - Monroe County

Property ID : WSD24.261

For Sale $257,900.00 - Electronic Sales and Repair

DESCRIPTION:
• A Sales and Repair of Electronic Storage Devises business serving the Rochester, NY area for 10 years.
• It sells Commercial and Residential Storage Devices for the Automotive, Marine, Security and other Industries
• It Repairs Device Screens and Mobile Devices, does Battery Pack Rebuilds, Watch and Car Key Replacement, and many other repair and installation services
• Has many Commercial, Industrial and Residential Accounts
• Currently have Seven Full-Time and Two Part-Time employees in its 3,000 Square foot facility
• Is open 7 days a week over 78 hours per week

ASSETS/FIXTURES/EQUIPMENT: (Included in the asking price):
• Furniture, Fixtures, and Equipment at a Fair Market Installed value of $ 37,000
• Inventory at Seller’s Cost of $ 120,000

LEASE ARRANGEMENTS:
Base rent is $ 2,348.55 per month plus additional triple net charges of $ 888.83 per month
Current lease expires on December 31, 2021 with options to renew

SALES AND SDE:
2018 2017 2016
Sales: $ 638,267 $ 666,980 $ 605,900
SDE: $ 46,894 $ 65,880 $ 59,053

PRICE/FINANCING:
• The asking price is $ 257,900

COMMENTS:
• This business would be an excellent acquisition for another Electronics, Computer, or Technical sales, service, repair businesses

Agent Stephen DiPaolo

  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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