Security Business with 450+ monitoring accounts
| Asking Price: | $850,000 | Inventory: | $190,800 ++ |
| Gross Revenue: | $1,026,499 (comments below) | Real Estate: | $250,000 ++ |
| Cash Flow: | $212,566 (comments below) | FF&E: | $77,500 ++ |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: 450+ monitoring accounts |
| Cash Flow Comments: increased yearly |
A MONEY MAKER!! This diverse business is growing significantly with more estimated growth potential in the future. This business specializes in security systems of all kinds. They not only install and maintain 24 hour camera monitoring systems; they also have incorporated a locksmith business, as well as a fire alarm business, medical alert, Voice/Data networking, access control, and low voltage wiring. The combination of all of these businesses into one company has made them more competitive and versatile with their customer base. They have approximately 400 recurring accounts and are gaining more each month. The business has customers in Southeast Wyoming, Northern Colorado, and Western Nebraska. All employees are long term and have diverse knowledge of the equipment and programs. Each is state licensed and several have low voltage certification and fire alarm certification.
About the Business
Year Established:1998
Employees:3 full time - 2 part time
Relocatable:Yes
Facilities:Specialty areas make up the 6870 sq ft building. A large secure monitoring station is set up to monitor the 400+ accounts. Individual offices are in place for the employees and owners. There is plenty of expansion room for additional employees, increased monitoring, expansion of the locksmith area, or any additional business that may coordinate the existing set up. A front office is being remodeled to incorporate a reception area and a conference room.
Market Outlook and Competition:This business has a vast opportunity for any buyer because of the diversity of the operation. The residential client or business client need not seek out several companies in order to get adequate security. It provides all that the customer needs. The annual gross sales have doubled in three years. Projections for 2009 have already proved to be quite impressive with a 10% growth in their cnstomer base in the first two months of the year. Wyoming is a right-to-work state Wyoming operational costs are among the 10 lowest states nationwide . No personal or state income tax or inventory tax.
About the Sale
Reason For Selling:Personal Growth
Seller Financing:Some seller financing is available.
KEYWORDS: Security systems, monitoring, fire protection, and locks, medical alert monitoring, voice/data networking, CCTV, and access control. Growth potential, key employees, Wyoming business. Low taxes and workers compensation rates. Wyoming, Colorado, and Nebraska clients.
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