Listing ID: 77216
This is a highly profitable full-service private security firm as well as a full-service training facility for BSIS exposed weapon, baton, and pepper spray certification. The business is an authorized trainer for civilian concealed carry weapons (CCW) testing in California, Arizona, and Utah. Also, a DOJ Live Scan provider and DOJ Firearms Safety Certificate provider.
- Asking Price: $525,000
- Cash Flow: $243,703
- Gross Revenue: $1,244,136
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 2008
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,260
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
1,260 sq. ft. leased space
Seller will negotiate a transition period
The business was established in 2008, making the business 14 years old.
The business has 3 FTE, 34 PTE employees and is situated in a building with approx. square footage of 1,260 sq ft.
The real estate is leased by the company for $1,391 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals resolve to sell operating businesses. Nevertheless, the true factor and the one they tell you might be 2 entirely different things. For instance, they may claim "I have way too many other commitments" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may simply be reasons to attempt to conceal the reality of altering demographics, increased competition, current reduction in earnings, or an array of other reasons. This is why it is extremely vital that you not count absolutely on a vendor's word, yet rather, use the seller's answer in conjunction with your overall due diligence. This will paint a more practical image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies borrow money so as to cover points like stock, payroll, accounts payable, etc. Keep in mind that in some cases this can suggest that earnings margins are too small. Numerous companies come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that need to be satisfied or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location attract brand-new customers? Often times, operating businesses have repeat customers, which form the core of their day-to-day earnings. Particular aspects such as brand-new competition growing up around the area, roadway construction, as well as personnel turn over can affect repeat clients and adversely impact future profits. One important point to consider is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business regularly, the higher the chance to develop a returning client base. A final thought is the general area demographics. Is the business situated in a densely populated city, or is it situated on the outskirts of town? How might the neighborhood median family income impact future income potential?