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Business for Sale Summary

Security Systems Business For Sale - 30912

Business Type: absentee business,new to market,seller financing available,security and alarm services
Sale By Owner
Security Systems Business For Sale
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Financial Information (non-confidential)

General Information
Asking Price $3,675,000 Down Payment $2,275,000
Gross Revenues $5,600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $900,000 Number of FT Employees Register Free to View

Financing

$2,275,000 Down and Notes: $1,454,500.00 with terms to be negotiated

Business Description

One of the leading security systems companies in New York, offering a wide range of security systems and solutions for commercial, residential and government sectors throughout New York. State-of-the-art security Integration installation & locksmith enterprise. Highly profitable, started in 2005, the company's efforts have been on the leading edge of security system design and installation. Business includes, but not limited to: low voltage voice, data, DATA, wiring and testing, intercoms, access control, alarm, CCTV, Cloud integration. Owner projects revenues of $5.2-$5.5 Million in 2018. Locksmith: mostly B2B: 25%-30% of the business Security Systems: 70%-75% of the business Sophisticated online marketing programs represents only 4% expense from gross revenues. Over $2 Million in new contracts. Owner has prepared for transition with the implementation of excellent management. This business requires appropriate licensing for new owner doing security installation. Excellent opportunity for NYC expansion by a company out of the area wish to move into NYC, or private party with experience looking to buy their own operation. Valuation and asking price determined by acceptable industry norms of comparable operations. PROOF OF FUNDS AND BACKGROUND NEED TO BE PROVIDED PRIOR TO OWNER CONTACT. Please contact the broker at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. PM

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.