Security Patrol Service With Recurring Revenue
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Listing No.: 106-20150
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Category: Service
| Asking Price | $850,000 |
| Down Payment | $765,000 |
| Gross Revenue | $1,886,889 |
| Total Adjusted Net Income | $266,467 |
| Equipment/Fixtures | $98,000 |
| Year Established | 1999 |
| General Location | San Diego County |
Well established private security and patrol company with incredibly consistent recurring revenue. Diversified client base consisting of residential communities (Home Owners Associations, Apartments, Condo Complexes, etc.) and commercial businesses. Business has remained stable throughout the pandemic. Company has grown organically over the years, mostly by word of mouth. This is a highly scalable opportunity with vast upside potential with the right marketing in place. Owners are selling as they plan on relocating out of state but will provide dedicated hands-on training throughout the transition of ownership. Purchase includes all assets, including 18 vehicles. Company is value priced at around 3.5x SDE given its consistent level of recurring revenue. Please contact listing agent, Dustin Sigall, immediately for more details! (858) 382-4974
| Gross Revenue | $1,886,889 | Listed Price | $850,000 |
| Total Income | $266,467 | Down Payment | $765,000 |
| Base Rent | $ | Square Feet | 3000 ft2 |
| Total Rent | $ | Lease Description | |
| Rent Deposit | $ | Lease Options |
| Inventory | $ | Leashold Improvements | $ |
| Equipment/Fixtures | $98,000 | Other Assets |
| Full-Time Employees | 26 | Training Period | 30 Days |
| Part-Time Employees | 9 | Special License Required | Qualified Manager Lic from Bur of Cons Affairs. Private Patrol Lic |
| Contract Staff | Reason for Selling | Relocating Out of State |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
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