Gross Revenue: $14,000,000

Cash Flow: $713,000

This company has been a leader is Security Guard Services for over 20 years. The majority of their clients are in the government sector with the remainder in private industry. They work on a long-term contract basis, with contracts typically spanning a five year period. Therefore, they confidently estimate their 2009 revenue just under $15,000,000. Outside of Physical Security, which makes up approximately 98% of their business, they also offer Investigative Services, Consulting, and Security Systems and Equipment. This company is one of a select few that is certified through the TSA to provide various security functions at airports; additional opportunities are expected to be available in this area for future growth. The owner is retiring and is willing to stay with the business through a transition period.
BALANCE SHEET
Assets Included in Sale $2,600,000
Liabilities Included in Sale $1,900,000

Year Established: 1986

Employees: 400 full time -

Facilities: Their location has approximately 4,700 square feet of office space. It is currently being leased and the lease can be transferred.

Reason For Selling: Retirement