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Business for Sale Summary

Niche Shear Sales and Service Business in New York - 35799

Business Type: home-based business,internet business services (b2b),internet consumer services (b2c),misc. retail/non-classifiable,misc. service/non-classifiable,non-classifiable establishments,seller financing available,internet businesses
Niche Shear Sales and Service Business in New York
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $65,000
Gross Revenues $165,000 Lease Remaining Register Free to View
Owner’s Cash Flow $52,000 Number of FT Employees Register Free to View

Financing

$65,000 Down and Balance of $60k for 60 months @ 8%

Business Description

Established Shears Sales and Service business. Niche business with 500 clients. Sales linked to one of the world's top scissor brands covering the New York City metro area, North NJ and beyond. Sells 150 shears per year, with an average profit of $200 per unit. The remaining profit comes from servicing / sharpening the shears, which the current owner does from home. Sale includes 20k of retail inventory and 5k sharpening station, sharpening and testing materials. Owner works 15-20/hrs per week from home to net over $50,000/ year.. So much opportunity to scale and expand. Seller will help with smooth transition and willing to hold a note with 65k down payment. Contact listing broker Brian Bernstein 929 969 0007 to learn more.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.