Listing Number: 090122-246151
Description
Strong Recurring Revenues - Home & Business Security Services Company With Contracted Revenue For Sale!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SERVICING THE GREATER WASHINGTON DC METRO AREA (DMV)!!!!!!!!!!!!!!!!!!!!!!!!!!!! HIGHLY PROFITABLE TURNKEY LICENSED NICHE SECURITY SYSTEMS COMPANY COULD BE JUST WHAT YOU ARE LOOKING FOR. IT IS IDEAL FOR AN ACQUISITION FOR ANY HIGH END SECURITY COMPANY THAT WANTS TO GET INTO THE HIGHLY PROFITABLE STAPLE BUSINESS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Company was founded in early 1980s by a highly respected army vetern after serving many years in the U.S. Army. He went from Private to Major in the fields of counter-intelligence, strategic intelligence, tactical intelligence, and served as senior instructor to U.S. Army Security managers, teaching them about security. They take great pride in installing the best state of the art security systems. System designs provide security protection while keeping their customers needs in mind. The result is a security system of the highest quality that is easy to use. Enjoys strong, long-term client relationships and a high retention rate, about 95% of its revenue comes from contracts, ensuring a stable income. Backed by 40 plus years of experience, the company has built a solid reputation for reliability and service quality. The main monthly expenses are staffing and insurance costs. The company invoices $25k-$29k per week to its contract clients.
This diversified security solutions provider serves a wide range of clients, including small businesses, high end homes, governmental agencies, supreme court judges, army generals, national franchises, residential homes and management companies. The company offers fire and burglar alarm systems, monitoring, inspections, access control, A/V sales and installations as well as video surveillance systems and services. Owner is currently absentee living in another state, making this a great opportunity for any investor or extremely lucrative for an owner-operator. Extremely low overhead and operating expenses.
Tremendous potential to scale up the business with existing client relationships, with over 1400 recurring monthly monitoring accounts covering both the residential and commercial markets, annual RMR of $110,000 (approx.) combined with additional security and automation services offers new owners with an exceptional platform from which to continue growing this legacy business. Organic growth is via word-of-mouth, referrals, and established relationships supplemented with a strong sales and marketing plan will enable a new owner to build on the incredibly consistent cash flow & lifetime value of the long-term monitoring accounts.
FIRST CLASS SERVICES OFFERED TO A LOYAL CUSTOMER BASE, INCLUDE:
Alarms Systems:
• Commercial & Residential
• New construction & prewire for future
• Hardwired, wireless and hybrid systems available
• 24 hour monitored burglar/fire systems
• 24 hour hour monitored environmental
• 24 hour temperature monitoring
• 24 hour flood monitoring
• 24 hour Carbon Monoxide monitoring
• 24 hour Medical Emergency monitoring
• 24 hour duress/panic monitoring
• Automatic water shutoff systems
• Structured wiring
• Low voltage wiring
• 24 hour elevator monitoring
Videos Systems:
• DVR recorders with online remote viewing and apps
• Internet based closed circuit television (CCTV)
• IP video cameras
• HD cameras
• Nightvision infrared cameras
• Analog video
• Indoor and outdoor cameras
• Pan tilt zoom (PTZ) cameras
• Nanny cams
• Access control/keyless entry systems
• Managed access control with scheduled areas
• Fully programmable access controls via software
• No audit trail access control systems
• Prox card and keytag systems
• Magnetic lock and door strike installations
• Security and access control combination hybrid
Intercoms:
• Video intercom systems with integrated remote door release
• IP based video intercom systems with remote door release
• Audio only intercom systems
• Whole home music intercoms
KEY FINANCIAL PERFORMANCE FACTS YTD 2024 & BEYOND
Evidenced by the company’s historic consistent yoy revenue and net income growth, the ongoing performance during 2024 is healthy and the management is projecting sales growth to be 13-14 percent for the full year with net income being intact.
KEY FINANCIAL & BUSINESS HIGHLIGHTS 2023
Sales: $1,387,208.00
Net Margins: 27.97 %+/-.
Sellers Discretionary Earnings (SDEs): $ 388,360.00
YOY Topline Growth Rate: Growing
Revenue and Net Income/SDEs Trends: Consistently Growing
Strong Future Growth Opportunities by Adding Verticals: Other security related services and clients including govermental agencies and high end properties
Clientele: Residential 70%, Commercial 20% & Industrial 10%
Overall Customer Quality: Excellent and reviews 5++
Payment Quality: Excellent
Customer Concentration Risk: Low, Well Diversified and Great Mix
Ideal Customer: Referrals - Existing /Repeat Customers as well as new customers in DMV and new markets
Inventory: $20,000 (approx.), included in the asking price
Trade/Accounts Receivables: $ 150,000.00 (plus) (Aging 30-60 days)
Quality of Receivables: Excellent
Property Status/Lease: Owned by the owner/sellers
Corner Commercial Property size 3,097 square footage
(Office & Showroom: 1,700 square footage & Workshop: 1,397 square footage)
Employees/Contractors (excluding owners): Manager: 2 Full time: 6 Part time: 0
Note: 100 % of staff is on W2. Total Employees 8
Sellers Support & Training for Buyers for smoother transition: 4-6 Weeks
Hours of operation: MON-FRI: 9AM-5PM (SAT-SUN: Off)
Reason for sale: Retirement
A good business for cash flow value investors.
Proof of Funds Required (Upfront).
Seller financing: Available (If needed)
CORE COMPETENCES
- Client-Centric Approach: The company excels in understanding the distinct security and surveillance cameras requirements of its clients, creating customized solutions. This client-centric approach has fostered a loyal customer base across diverse sectors.
- Expansive Reach: With a vision to penetrate the other highly lucrative retail, healthcare and educational sectors, the company is strategically well positioning itself to cater to institutions that prioritize safety and security. By targeting these sectors through integrators, the company aims to expand its footprint and solidify its market presence.
- Technological Prowess: Central to the company's offerings is its state-of-the-art security related technology. The integration plans with platforms such as "Security House" emphasize the company's dedication to maintaining its technological edge and providing innovative solutions to clients..
- Customers: The company provides security services to a diverse range of clients., through long-term contracts, some of which have been in place since its founding.
The company has developed a strong reputation for reliability and adaptability, with many agreements averaging between 1 to 3 years.
- Growth Opportunities: Company has significant growth potential through a structured marketing strategy to boost visibility and attract more clients by expanding offering services to events and entering neighboring states like Pennsylvania, Virginia, and Delaware can further enhance its client base and market presence.
FOR SERIOUS BUYERS ONLY
Business and property can be purchased together or on A STANDALONE BASIS/SEPARATELY. Buyer should have some knowledge of this well-established and growing industry. THIS BUSINESS WILL NOT BE AVAILABLE FOR LONG. All bona fide buyers please send appropriate financials, resume and proof of funds and you will have a response. This is AN IDEAL OPPORTUNITY for an experienced industry buyer to enter and grow their portfolio with the possibility of buying the business with a landmark property, as well as who is looking to add another business into their existing portfolio of companies in this line of business or allied industry.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
THE UNMATCHED GLOBAL POWERHOUSE TRANSWORLD VALUE
This once in a lifetime business opportunity is for sale with property is proudly offered by Transworld Business Advisors, the number one business brokerage firm in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.
ATTENTION BUSINESS OWNERS & POTENTIAL SELLERS
We represent prequalified buyers/clients that are very interested in buying all types of businesses ANYWHERE in USA. If you have any interest in selling your business at this time or in the near future, please contact me at Achaudhary@tworld.com. Our buyers are already prequalified and SBA LENDERS Apporved and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
IF INTERESTED PLEASE CALL: Aamer Chaudhary (President/CEO Transworld Business Advisors, Downtown DC & Annapolis, MD) at Cell (202) 509 3739 / (443) 968 1411 / (703) 457-0362 Or Off (202) 461 2204 or by email, Achaudhary@tworld.com & we shall respond soon.
Listing Details
- Price: $2,499,900
- Down Payment: $500,000
- Sellers Discretionary Earnings: $388,360
- Total Sales: $1,387,208
- Location: Montgomery County, Maryland
- Inventory: $20,000
- FF&E: $50,000
- Employees: 8
- Year Established: 1981
- Reason for Selling: Retirement
- Category: Security Related
Contact Agent:
- Farhat Saba Aamir
- Phone: (703) 457-0362
- Email: faamir@tworld.com