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  • Listing ID: 2200433

Security Installation Company For Sale

Ealing, London
  • £57,000
Turnover:
£148,000
Net Profit:
£38,000


Business Description

Kensington Cameras is a security installation company, installing CCTV systems, intruder alarms, fire alarms and door entry systems, 8am to 5pm Monday to Friday. The business is 70% CCTV installations and 30% Intruder alarms, fire alarms and door entry. Our turn over has steadily increased since 2008
It is run on partnership basis with two full timers (partners) one part timer and one contractor (as required) The other partner is prepared to carry on working for the company after the sale of the business as a contractor or employee.

Most of our work is for seven companies. Three pub groups, a large company at Heathrow Airport, a farm a contractor for various companies and a hotel. We also have a customer with 120 cameras and five recorders in London.
The first pub group is based in London and has twenty outlets, all in and around central London which comprise of pubs, bars, and restaurants.
We normally service their equipment on a weekly basis, either for CCTV, intruder or fire alarms
The second pub group has eight outlets and we install and service CCTV in all their outlets, and some intruder and fire alarm systems. They are expecting to open more outlets this year.
The third pub group has five pubs in London and we install and service their CCTV and intruder alarms. They open a new pub last year with another planned for this year.

The company at Heathrow is CCTV installations only and we installed an additional 20 cameras for a large extension recently. This now brings the camera count, up to 80 cameras 43 analogue and 30 IP cameras with three recorders, 2 hybrids and one analogue. We are starting phase three soon, which will comprise of an additional twelve IP cameras. I expect to convert the whole systems to IP over the next two years. We have give them a very good service, and we expecting to service and repair there very large fire alarm system sometime this year.
The farm has 15 IP and 22 analogue cameras. We are installing another 6 for phase one, soon, five for phase two and eleven for phase three, with additional recorders all this year.

The hotel has been a customer of ours for about 13 years and we have installed various system within that period. They have a thirty camera system with a thirty two channel recorder. We are now in the process of installing another eight IP cameras for a large refurbishment with an additional recorder.

All our other installations are from our web site www.kensingtoncameras.co.uk , we also get referrals from our existing customers plus repairs and renewals.

Our turnover and profit this year will be in access of last year. We have invoices outstanding for £25,000. with good paying existing customers. We have a £10,000 reserve in the bank.
Our CCTV stockist has given us a credit of £15,000 per month and we spent £42,000 with them last year. We can increase our credit to £20,000 pm, If necessary.
We do not have any financial loans or anything on lease or hire purchase.

Our web site has recently been revamped with an SEO appointed in November.

There are two vans included in the sale with tools and ladders. At the present time, we have three vans, but we are selling the Mercedes Vito and the Connect and getting a another later smaller van

Property Information

Location:

London

Business Operation

Expansion Potential:

We take on new business on a monthly basis

Reasons for selling:

I have an opportunity to go back into hospitality and open a restaurant

Trading hours:

Monday to Friday 8am to 5pm

Employees:
Three
Years established:
We have been established over 20 years

Other Information

Support & training:

On site training for one month, two months office assistance. There after, help and assistance for as long as required

Inventory / Stock value:
£2,000
Website:
Please click here to view the link
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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