High-Growth Security Service Firm with $522K Annual Recurring Revenue
Business Description
Profitable For Last 2 Years; SBA Loan Pre-Qualified; Non-franchise
Impact Advisors has been exclusively retained to market the sale of a security service business, a licensed, security firm (non franchise) based in the Chicago metropolitan area. Founded in 2021, the business has built a reputation for delivering professional, reliable, and highly trained security personnel. The company has experienced consistent growth, projected to generate over $500k in revenue for FY 2025, and serving a diverse clientele across industries, with a primary focus on Illinois’ cannabis dispensary sector. The business differentiates itself through exceptional client service, accessibility, and professionalism, qualities that have earned the company long-term contracts and steady client retention.
The business has multiple long term recurring contracts generating Monthly Recurring Revenue (“MRR”) of $43.5k and Annual Recurring Revenue (“ARR”) of $522k with average contract terms of 2 years. The recurring revenue provides new ownership with operational and cash flow stability starting from day 1.
Illinois law requires all cannabis dispensaries to employ licensed security personnel as a condition of operation. Given operating hours, each dispensary typically represents more than 4,000 billable hours annually, creating a substantial, recurring revenue opportunity. The business has successfully capitalized on this requirement by becoming a trusted security partner to multiple dispensaries, consistently delivering dependable service and establishing a strong foothold in a growing niche market.
Business is pre-qualified for SBA loan.
Note: Illinois law requires owner/operators of security firms to hold a Private Security Contractor (119) license. Should the incoming owner need assistance in obtaining this license, the current owner is willing to remain involved on a long-term basis under mutually agreed-upon compensation arrangements. Please conduct your own due diligence on the requirements.
Interested parties are invited to sign and return the attached Non-Disclosure Agreement (NDA) for access to additional information. Please refer to the "Attached Documents" section for the NDA and follow the return instructions provided within the document. (Reference: Project Oak)
The business has multiple long term recurring contracts generating Monthly Recurring Revenue (“MRR”) of $43.5k and Annual Recurring Revenue (“ARR”) of $522k with average contract terms of 2 years. The recurring revenue provides new ownership with operational and cash flow stability starting from day 1.
Illinois law requires all cannabis dispensaries to employ licensed security personnel as a condition of operation. Given operating hours, each dispensary typically represents more than 4,000 billable hours annually, creating a substantial, recurring revenue opportunity. The business has successfully capitalized on this requirement by becoming a trusted security partner to multiple dispensaries, consistently delivering dependable service and establishing a strong foothold in a growing niche market.
Business is pre-qualified for SBA loan.
Note: Illinois law requires owner/operators of security firms to hold a Private Security Contractor (119) license. Should the incoming owner need assistance in obtaining this license, the current owner is willing to remain involved on a long-term basis under mutually agreed-upon compensation arrangements. Please conduct your own due diligence on the requirements.
Interested parties are invited to sign and return the attached Non-Disclosure Agreement (NDA) for access to additional information. Please refer to the "Attached Documents" section for the NDA and follow the return instructions provided within the document. (Reference: Project Oak)
About the Business
- Years in Operation
- 4
- Employees
- 18 (18 Full-time)
Account managers, HR, and security staff - Facilities & Assets
- Included in sales price: one SUV (company logo and fully equipped), office furniture, uniforms
Real Estate
- Owned or Leased
- Leased
- Rent
- $650.00 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The current owner will provide a comprehensive transition, including full operational handover, customer introductions, and advisory support. If desired, the owner is open to a longer-term engagement under mutually agreed compensation terms.
- Financing Options
- Open to small portion of seller financing
Listing Info
- ID
- 2419829
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2419829 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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