Businesses For Sale > Business For Sale in Long Island, New York (NY)
Profitable Niche Service Manufacturer with Real Estate for sale in Long Island, NY
Long Island, New York (NY)
Asking Price: |
Gross: |
Cash Flow: |
$ 7,500,000 |
$ 3,200,000 |
$ 1,050,000 |
Furniture and Fixtures Value:
$ 500,000 (included in the asking price)
Real Estate:
$ 4,900,000 (included in the asking price)
Business Summary:
This business and property represent an opportunity to take solid control of your financial future. On the one hand, acquire a highly profitable 50-year-old business with huge barriers to entry and plenty of growth potential. On the other, acquire the cash flow of $1M + positive real estate property that the business operates out of which is also available for purchase. The property has multiple tenants in addition to the niche manufacturing business and is a solid investment. Combining the real estate and the business gives a new owner all the options available to them; space to expand if they choose to grow as well as control of their own rent destiny, since they will own the property. The business has proven itself to be recession and Covid resistant with over 150 active clients without any customer concentration. In fact, the Company does little to NO Marketing; business comes to them from the many years of quality service and they turn away low-margin business. The current owner is looking to retire and will teach and train the new owner in every aspect of running this successful business. An extended transition can also be discussed and negotiated. The company is fully operational with trained staff, all necessary equipment, inventory, and plenty of work in progress. Please note that the business will be shown ONLY to qualified candidates. Please ask about listing #14653 when inquiring about this opportunity.
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Year
Business was Established: 1970 |
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Number of Employees:
19 |
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Owner
willing to train:
Yes |
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Seller Reference Number: 14653
BusinessMart.com Listing Number: 269440 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Ken Stein
Kensington Company & Affiliates
516-626-2211
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