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Business For Sale
POWER TOOL REPAIR & SALES BUSINESS
Attn:
Peter Luksin
Suffolk County, NY, USA
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Listing Number: "10150 Luksin"
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Listing
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Asking Price: |
$450,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Hardware Stores, Garden Centers
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Reason for Selling:
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owner is retiring |
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Year Established:
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1966 |
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# of Employees:
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2 Full Time / 2 Part Time |
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Yearly Revenues:
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$646,540 |
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Yearly Cash Flow:
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$106,806 |
Business for Sale Overview:
A market leader in power tool repair and sales serving the Greater Long Island area for over four decades. Recurring business of hundreds of long-term customers, and has become a trusted business partner of the largest power tool manufacturers, being only one of a select few authorized service center for the top tool manufacturers. Its customer base is comprised of trade contractors and other professional consumers of power tools and related industrial tools, equipment, accessories and technology. Maintains a fully equipped and stocked retail showroom. Retail sales account for approximately 65% of Company revenue and 40% of operating margins. Tool repair and refurbishment account for 35% of gross revenues and 60% of operating margins.
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