Property Details

Security Hardware Sales and Installation Business - Rochester

Property ID : WSD24.293

For Sale $370,950.00 - Security Hardware/Locksmith

DESCRIPTION:

  • 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

LEASE:

          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

 PRICE/FINANCING:

  • The asking price is $ 370,950

COMMENTS:

  • 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.

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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