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Listing ID: 333882Listed on: September 2, 2013

Computer Locking Company With City-Wide Contracts and Many Commercial Accounts For Sale

NY Metro, Westchester, New York, United States

$ 350,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 250k to 500k

Cash Flow: $ 100k to 250k

Business Description

Manufacturer and providing installation of computer and business machine anti-theft products. Since 1986 in the same business.

Company has a three year exclusive requirements contract with Department of Citywide Administrative Services (DCAS) to install cable computer security in the City's major agencies (Human Resources Administration, Dept. of Homeless Services, Administration for Children's Service, etc.).

In addition, we supply and/or install in major hospitals in the New York metro area. We have one distributor - Perma-Site Security, (since 1989, Philadelphia, PA). 1,870 sq. ft. warehouse/office in Yonkers, NY. Three year lease with fixed rent that increase at 5% per year.

Property Details

Size:

1870 sp. ft.

Years Established:

27 years (incorporated date - 1986)

Property Type:

Lease

FF&E:

$ 7,000

Inventory Value:

$ 30,000

Other Details

Business Location:

45 Prospect St. (Bldg. #1), Yonkers, NY 10701 In a industrial/residential mix near the Hudson River.

Premise Details:

1,770 sq. ft. warehouse and 100 sq. ft. office = 1,870 total Well lighted. Many storage shelves and benches. Many tools. Office air conditioner. Bathroom

Competition:

Two others that are at all important in an area from Nassau County, Westchester County, all of New York, and New Jersey. We receive the majority of the cable security business.

Expansion Potential:

We have a salesman that works out of his house (previously retired) that has been with us since 1996. We occasionally open up new accounts. Our senior installer has been with us since 1993.

Operation Details

Employees:

3

Trading Hours:

9:00 to 5:00 M-F

Support & Training:

Full training and support for the first few months. We want you to succeed! The company is very organized and runs smoothly.

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

I am 69 years old. The business is successful. I am interested in pursuing other endeavors.

Contact this seller

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