Security Solutions Company For Sale

Business description

This business has been trading since 1995 and became a Limited Company in 2001. It is a multifaceted company that deals in all aspects of security. Its core operation is the design, supply and installation of technical security solutions. This includes alarms, CCTV, Access control, Locks, Lighting, Safes and Monitoring services. The business also does manned guarding, mobile security patrols and key holder services. In recent years there has been growing demand for their expertise in security audits and investigation services where clients believe that internal fraud or theft may be taking place but are unable to substantiate their concerns. The business has made it a policy to maximize on the maintenance element of every installation. It has built up over one thousand of these contracts which produces a strong re occurring revenue that is a highly prized asset of the operation

The company operates from a superbly positioned and well appointed retail shop that is to be found in one of the prime retail locations in this county town. It services the requirements of the general public and sells that vast majority of products the general public need for home and personal security. One of its main footfall generators is the key cutting service that brings customers in from all over the county. In terms of revenue split over seventy percent is generated from the commercial sector.

Customer Service:

This market sector has seen a steady growth for a number of years and this trend is set to continue as insurance companies make increasing demand on policy holders to take all reasonable steps to protect their properties and commercial interests. It is also a business that stands or falls on its ability to deliver quality products and unobtrusive services. It is therefore an industry that survives on reputation and referrals . One of the reasons for the operations continuing success is their ability to cover every single aspect of security from major bespoke systems and services for companies, or high profile individuals, down to selling a personal attack alarm or a smoke detector to the retail customer.

Key Strengths:

• Excellent reputation
• Wide portfolio of products and services
• Superb location
• Quality highly trained staff
• Well established
• Reoccurring revenue stream

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business enjoys a turnover of circa £600,000 with the reoccurring revenue being in the region of £150,000.

Property information

Property:

Leasehold

Lease terms:

The property is available to rent at an annual fee of £15000.

Location:

The business operates from a large double fronted corner unit located on the busiest cross roads for both vehicles and pedestrians in the city. It consists of a retail shop, offices and basement areas covering circa 3500sq. ft. There are six convenient parking spaces to the rear of the premises. The property is available to rent at an annual fee of £15000. The purchaser might wish to also rent one of flats above the business for their own purposes if they are considering relocating to the region.

Business Operation

Expansion potential:

There is a consistent increase in demand for security products in every sector of society and commerce. This business is located in an area where urban crime runs adjacent to security issues prevalent in remote rural locations. While there is some competition the size of the available market makes the growth of the business a pure marketing exercise.

Reasons for selling:

The director and founder of this business has decided that it is time for him to take early retirement and he wishes to move abroad. He will however be willing to carry out a full and professional handover and be available for consultancy work should the need arise.

Employees:

•One Director (Retiring) •One Personal Assistant •One Accounts • One Customer Services Assistant •One Part Time Sales Assistant •Three Qualified Experienced Engineers •One Apprentice Engineer •Two Full Time Security Guards •SIA Accredited / Licensed Guards on demand for Manned Duties

Years established:

1995