119 E main Street, Smithtown, NY 11787

$650,000

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List Price
$650,000
MLS#
975518
Status
ACTIVE

Property Description

This is a Commercial Property and Business for sale on a busy Main street area of Smithtown by a traffic light. This successful and profitable 20 year old business generates over a million dollars in annual sales and net profits of approximately $300,000 per year. This is an opportunity to obtain an extensive name and client base for an energetic investor who can appreciate and develop the upside potential of owning a multi-faceted business of firearms, fish and tackle. Some requirements that are needed to buy this property and Federal Firearms License, the ability to hold a firearm license, and consumer affairs second hand merchandise license. Inventory includes (walk-in & Internet sales) firearms (new & pre-owned), Ammo, Accessories, fishing tackle and bait. To be clear, The Real Estate is $650,000. The Business Name and Good Will, License and Customer List is $100,000 The Inventory is $50,000.00. The buyer can ony buy the Real Estate for $650,000 and the owner will deal with the business and Inventory on his own.

Additional Information

Year Built
1975
Total Taxes
8284
Heating
Heat Pump
Parking Spaces
2
Basement
Finished, Full, See Remarks
Water
Public
Sewer
Cesspool
Taxes
$8,284

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Louis M. Fisher (Lfisher@elliman.com) from Listing Office: Douglas Elliman Comm of LI LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.