40 W 55th St
New York, NY 10019 Midtown East

Position your business in one of the most lucrative commercial and residential corridors in the world. This established ground-floor locksmith shop at 40 West 55th Street is a rare, highly profitable turn-key operation ready for immediate takeover.
The space has been meticulously built out to maximize every inch of usable area. One side features an extensive, organized key-wall and built-in shelving stocked with a deep inventory of hardware, blanks, and security products. The opposite side boasts a heavy-duty workstation complete with professional key-duplicating machinery and grinding equipment. The front of the house features a modern, clean POS counter with integrated digital checkouts and display cabinetry.With an incredibly rare 8 years left on the lease, a new operator secures long-term overhead stability in a neighborhood where ground-floor retail space is at an absolute premium. Surrounded by major corporate offices, luxury high-rises, hotels, and fine dining, the built-in demand for emergency lockouts, master key systems, and walk-in key duplication is massive and constant.At monthly rent $7,150 The asking key money is  $40,000, this represents an incredibly low-barrier entry to owning an active, fully-equipped business in a premier Midtown Manhattan location.Perfect for an expanding security company looking for a Midtown flagship, or an independent locksmith ready to step into a fully built, high-traffic retail location on day one.

• Date available: Now
• Lease term: Negotiable
• Service type: Full Service Gross
• Built out as: Standard Retail
• Space Type: Sublet