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- RE: Locksmith & Security Firm With Recurring Revenue
- Contact: Bob Dunphy
Quick Facts
Asking Price: | $450,000 | |
Annual Revenue: | $562,918 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $236,001 | |
Total Debt: | Not Disclosed | |
FF&E: | $15,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1974 | |
Employees: | 6 | |
BBN Listing #: | 216635879 | |
Broker Reference #: | 6842-943233 |
Business Overview:
This locksmith and alarm company is a family owned and operated security business. It is well known and highly respected provider of commercial and residential security and safety systems in Manhattan for almost 50 years. They are licensed and bonded locksmiths who provide alarm service, installation and repair, audio & video intercom systems, video surveillance, security monitoring and a variety of other security related services. They feature the latest technology in alarms, surveillance cameras, video & audio intercoms, locks, card access, gates and safes. They service and install lock and security systems for several major Manhattan property management companies across the city. They are proud of their prompt, professional service 24 hours a day, seven days a week, 365 days a year. They have very competitive prices and offer free estimates.
The volume of commercial and residential construction and development in Manhattan means opportunity for the local lock and security industry. And there is nothing to prevent an aggressive new owner from bidding on large projects in Brooklyn or Queens as well.
There are ten years remaining on the lease. Rent is $5,700/month.
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Property Features and Assets:
Monthly Rent: $5,871.00
Square Units (Foot, Meter): 825
Lease Expiration Date: December 31, 2030, 8:59:00 PM
Facilities: Retail storefront in mixed use building.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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