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Locksmith with High Profit Margins and established customers

Yonkers, New York (Westchester County)

Services - Other Miscellaneous services | Services - Other Business Services

Asking Price $350,000 Inventory $20,000* 
Gross Income $400,000 Real Estate  
Cash Flow $175,000 Year Established 1998
FF&E $30,000* Employees 2ft, 2pt

* included in the asking price

** not included in the asking price

This business has built up reliable repeat commercial customers as well as residential customers that continue to grow based on referrals. The business has low overhead and a high profit margin. Rent is only $2,000/month with no real estate taxes payable. Located on a high traffic street. Free parking in a parking lot. About 40% of their customers are commercial customers that they provide regular services to with the balance of 60% that are residential.

Growth/Expansion: A new owner could add to the commercial customer base.

Financing: 50% down payment and seller will finance 50%

Support/Training: Seller will provide 1-2 weeks of training and transition as part of the purchase price and would be willing to stay longer if someone wanted it at a salary to be negotiated.

Reason Selling: Seller is ready for a change after more than 10 years in the business.

Business For Sale By

Blake Taylor

(914) 738-9350

Synergy Business Brokers

Contact the Seller

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Contact the seller about this Locksmith with High Profit Margins and established customers

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