Locksmith Hardware And Fireplace Store
Location New York,United States
Asking Price Range < $250K
Gross Revenues $544000
Net Profit / Cash Flow $154911
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1986
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Long Established profitable local store selling wood stoves, gas logs, safes, mailboxes & custom cabinet handles & locksmiths they have lots of major accounts. They also reface fireplaces. This very upscale, clean, classy business has been owned for 35 years and is very profitable. This store includes inventory and equipment worth $75,000. They also sub a lot of work out and take special orders and make a huge mark up. Seller will stay on for 6 months to train buyer. This store has about 30 major schools, hospitals and car dealer corporate accounts. This store is only open 5 days per week. They have been praised as one of Long Island's best accounts by a popular and well known distributor. Seller will offer good terms! Make offer and seller will work a great deal. This is a money maker! This business is owned by a very well known writer. PLEASE NOTE BUYER SHOULD HAVE SOME BACKGROUND IN CONTRACTING, LOCKSMITH OR WITH FIREPLACES ................. Father and son presently take out about $165k yearly .... This is available for a reduced $150,000 and includes inventory ... This is one of our best listings ever. Seller may hold a very small note and is retiring after 35 years! They also have some staff in place to stay. Call broker Jim Aloi.
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