Profitable Well Known Locksmith

Brooklyn, NY
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Asking Price:$599,999
Gross Revenue:$700,000
Cash Flow:$278,000
BUSINESS DESCRIPTION

HS Listing ID-10710

This store sits at the corner of a busy intersection and specializes in security system equipment. Storefront is walking distance from a residential community and faces a busy street. Store window displays products and attracts customers. Business has been in operation for nearly 50 years and is family owned and operated. Workmen’s Compensation, General Liability, and Disability Insurance are all in effect. Store is open 8.5 hours per day, five days per week, and closed on weekends. Operation can be expanded to increase revenue. Products offered are niche and a necessity making this a great recession-proof business. This is a perfect investment opportunity in a prime location.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Brooklyn, NY
Inventory
Not Included in asking price
Facilities
This store sits at the corner of a busy intersection and specializes in security system equipment. Storefront is walking distance from a residential community and faces a busy street.
Competition
Business has been in operation for nearly 50 years and is family owned and operated.
Growth & Expansion
Store is open 8.5 hours per day, five days per week, and closed on weekends. Operation can be expanded to increase revenue.
Support & Training
Yes.
Reason for Selling
Other business interests.
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Mike
Steinberg
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Mike Steinberg