Wholesale Lock And Security Products Distributor For Sale

This company is a distributor of quality lock and security supplies. The firm carries an extensive assortment of products from major manufacturers in the locksmith and security industry.

This outstanding business has the following attributes: Large diverse national customer base, ability to fill very large orders quickly, exceptional customer service, scalable business with tremendous growth opportunities, proven track record of profitability.

Business was established over 20 years ago and continues to have an excellent reputation for quality products at competitive prices.

SummaryAsking price:$575,000 (Furniture / Fixtures included)Sales revenue:$1,100,000Cash flow:$210,000Years established:1983Employees:3 FTRelocatable:This business can be relocated.

Facilities: The business occupies a 2,500 square foot free standing building which includes warehouse and office space. The monthly lease payment is $3426. The current lease term concludes on January 31, 2010. A new long term lease can be negotiated with the landlord or the business can easily be relocated.

Competition: Some local competition exists but the company maintains a significant competitive advantage, due to its ability to satisfy virtually all of its clients needs for security products, especially on large orders that must be delivered quickly.

Growth/Expansion: Outstanding opportunities exsist to grow the business as it’s client base is national and the internet side of the business can be significantly expanded.

Financing: Available for Qualified buyer

Support/Training: The Seller will provide 1 month (40 hours per week) of training and an orderly turnover to the new owner. Additional long term training/consulting (up to 3 years) may be available from the Seller, if required, for an additional fee.

Reason Selling: Seller wants to retire.

Contact:

NEW YORK BUSINESS BROKERAGE INC.