Locksmith Hardware and Fireplace Store - 22786

Suffolk County, NY

Locksmith Hardware and Fireplace Store  - 22786
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Asking Price: Get Financing: $150,000

Cash Flow: $62,716

Gross Revenue: $400,000


FF&E: $35,000

Inventory: $100,000*

Established: 1975

*not included in asking price.

Locksmith Hardware and Fireplace Store - 22786

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Business Description

Very profitable locksmith and hardware shop is established 35 years! They have a fireplace department that sells 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. 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.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
150,000.00 Down & TBD
Support & Training:
The seller will fully train the new owner.
Reason for Selling:
Business Website:
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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