Listing ID: 76184
Full service residential and commercial security, fire, lock & key, systems installation and monitoring business. Highly respected and reputable services business started in 1970. The Security Services space provides for steady growth with new equipment and installations and the benefits of consistent cash flow from long-term monitoring contracts.
This business can be managed and successfully run by anyone with solid business and management skills.
The life time value of a customer by providing ongoing monitoring services is significant.
Seller will consider seller financing. Seller will consider all offers and terms.
- Asking Price: $1,630,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $75,000
- Inventory: $80,000
- Inventory Included: Yes
- Established: 1970
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,554
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
To be determined by Seller and Buyer.
The venture was established in 1970, making the business 52 years old.
The deal does include inventory valued at $80,000, which is included in the suggested price.
The company has 6 employees and is situated in a building with approx. square footage of 2,554 sq ft.
The property is leased by the business for $2,000 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell companies. Nonetheless, the genuine reason and the one they tell you may be 2 completely different things. As an example, they may say "I have too many various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may simply be excuses to try to conceal the reality of altering demographics, increased competitors, current reduction in earnings, or a range of various other reasons. This is why it is very essential that you not depend entirely on a seller's word, however instead, make use of the vendor's answer along with your total due diligence. This will repaint an extra reasonable image of the business's current circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies finance loans with the purpose of covering things like supplies, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can mean that revenue margins are too tight. Lots of companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that need to be fulfilled or may cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location draw in brand-new customers? Often times, companies have repeat consumers, which create the core of their day-to-day revenues. Specific variables such as brand-new competitors growing up around the area, roadway building, and also personnel turn over can affect repeat consumers and also negatively affect future revenues. One vital thing to consider is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business often, the higher the opportunity to build a returning consumer base. A final idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? How might the local average home earnings effect future revenue potential?