Property ID : WSD24.293
For Sale $370,950.00 - Security Hardware/Locksmith
- A Security Hardware Sales and Installation Business serving the Greater Rochester, NY area.
- Has been successfully operating for over 30 years with 5 Star Reviews on Angi
- This business provides sales, installation and repair services for Commercial Building’s protection needs
- This business has long-standing relationships with many accounts such as banks, medical facilities, apartment complexes, businesses, etc.
- There are currently 5 highly-trained full-time employees assisting the owner in the successful operation of this business
ASSETS/FIXTURES/EQUIPMENT: (Included in the asking price):
- Furniture, Fixtures, Equipment and Vehicles at a Fair Market value of $ 78,770
- Inventory at Seller’s Cost of $ 30,000
INCOME AND SDE:
2021 2020 2019
Income: $ 623,667 $ 581,726 $ 649,479
SDE: $ 100,730 $ 189,100 $ 191,831
The Facility is 1,725 Square Feet
The current lease expires on March 31,2027. The Gross Rent is $ 1,340 per month with 3 percent increases per year beginning on April 1,2024
- The asking price is $ 370,950
- This business would be an excellent acquisition for another security, locksmith, or related businesses
- The owner of this business will train and introduce to all of its customers the buyer of this business to insure a smooth transition.