Alarm Company RE Included In Little Rock For Sale

Business description

This business offers a variety of alarm products, primarily to the residential market. The buyer will inherit over $4000 a month in residual income generated from the 150+ active accounts who use the products. Sales are 70% alarm systems, 15% CCTV, and 15% intercoms, etc. The owner worked this business actively through 2008, when annual earnings were well over $200,000. Since, the owner had a health issue that did not allow him to work within the business. As a result, he has put in place a well operating business with multiple employees to sell and service the products. Earnings has been consistent the last year around $85,000 for the business, and now will increase an additional $13,800 per year with the commercial rental property ready to rent, included in the sale. With the residuals and commercial lease, this is a great opportunity to own a low risk business with a sales force in place. Additionally, the business employs a full time technician who handles all installation and maintenance. The seller is willing to work for a new owner as a commission sales person ongoing, and has great ideas to expand in this hot, expanding industry.

Property information

Real Estate:

Real Property Included

Location:

Little Rock - downtown area

Premises details:

The price includes a newly remodeled, attractive two story office building in the downtown Little Rock area. The alarm business is operated from the top floor, while the bottom section is ready to rent for $1150 per month, fair market value. The Alarm office includes a small apartment, two offices, and a nicely designed reception area.

Planning consent:

commercial

Business Operation

Expansion potential:

The seller suggests easy expansions into home theatre, whole house audio, home automation - lighting, media rooms, projectors, etc. This is a high potential field with lots of ways to expand to new customers as well as the 150+ customers already using the products on a monthly basis.

Reasons for selling:

health concerns, retirement

Trading hours:

business hours

Employees:

five full time, one part time

Years established:

2002

Other information

Support & training:

The current owner will train, 30 days included, and is open to working for a new owner in sales part time.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$130,000 down, $100,000 financed by owner over 6 years at 6% interest, with the purchase of the real estate - valued at $220,000.

Furniture / Fixtures value:

$50,000 (included in the asking price)