Leasehold Electronic Security Provider For Sale

Business description

Advent Business Sales is delighted to have been instructed to offer to the market this extremely well established electronic security business with excellent future potential.

Founded by the vendor over 20 years ago, the business is only now being reluctantly offered for sale as he plans to emigrate to the South of France.

The business looks after the electronic security of several high profile customers such as Norwich Union, Standard Life, P&O, Commercial Union and James Laing.

They have approximately £50,000 per annum of income from maintenance contracts, which are almost guaranteed to reach £200,000 per annum from various knock on costs.

The business charges a call out cost of £105.00 for maintained buildings and £150.00 for non maintained. This covers the first hour on site, all additional time is charged at £40.00 per hour thereafter. There is also a mark up charge for all materials purchased for the jobs.

The business employs 2 full time members of staff and 1 part time, as well as the vendor full time.

In the last financial year they achieved excellent net sales of £363,000 and gross profits of £237,000.

They are currently ahead of those figures in the present year.

The vendor is prepared to work during a hand over period to effect introductions to staff and customers to ensure profitability is maintained.

Property information

Lease terms:

Home Run Business

Living accommodation:

Home Run Business

Location:

The business works almost exclusively in central London and the west end.

The employees live in Finchley and in Kings Cross, so are able to travel to and from the areas covered quite easily.

The business operates from the directors home in Stevenage and is fully relocatable anywhere in the UK.

Other information

Expansion potential:

The business clearly runs very profitably, there is still plenty of scope to increase sales and profits further by:
1. Expanding the area covered using the same customers
2. Advertising – he does none at the moment, with all work coming via personal recommendation and word of mouth
3. Offering to do domestic work – they are presently 100% commercial

Trading hours:

Mon – Fri: 9am – 6pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• 
• Document

• Sales paticulars