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Quick Facts
Asking Price: | $2,600,000 | |
Annual Revenue: | $2,100,000 | |
Net Profit: | $325,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 75382144 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
This 25-year-old Alarm Security Business is the Largest in their Market area. They have their own Central Station Monitoring Center which can Monitor Alarms anywhere in the Caribbean or the United States. The new Owner of this Business will want to expand their Monitoring to many additional Islands. They have many “Guard Response” annual & Monthly contracts. They have about 1,300 Monitored accounts that produce $50,000 per month in R.M.R. (Reoccurring Monthly Revenue), the most valuable part of this Business.
This Life Safety Business has about 14 “Profit Centers”, Collectively The Life Safety Industries have about 50 “Profit Centers”, you may wish to go to www.lifesafetyassociation.org hit on “Profit Centers” you will see a list of these 50 plus Profit Centers. This Business that is ready to Expand, and wants to get aggressively into about 12 additional FIRE Profit Centers, which would include Fire Extinguishers, Fire Alarms, Fire Sprinkler Systems, and the Five Top Required Inspection Businesses. Fire Extinguisher, Fire Alarms, Emergency Lighting, Kitchen Fire Suppression Systems and Water Backflow devices all by Code, Law, and Insurance Regulations, require Annual Inspections. Kitchen Fire Suppression Systems must be inspected every six months.
This Business does a lot of Residential Security and Fire Protection work. They install quality Video Systems and Home Automation Systems. There Guard Patrol Service is a good Profit Center, they respond to many of their Commercial Alarm Installations. Most of their work is COMMERCIAL.
This Business is now doing about $2.1 million in Sales with a net of about $325,000. The Business is For Sale for $2.6 Million which does not include the Real Estate. This Business can be ran from Southern Fl. or any Location. The Broker who Listed this Business has owned 31 Alarm-Security Businesses in 17 Cities. He would like to work with the New Owners In the Caribbean, and set up “Route Sales” People with strong Technical backgrounds. You need no “Brick and Mortar” offices on other Island Countries where you wish to add Business. These Route Sales truck are driven by Technicians that know how to Sell, Install & Service many different Life Safety Products & Services. They can have all their calls dispatched from Fl., the Caribbean Central Station or from anywhere.
You will love the extra volume of work you will get from “Cross Marketing”, When one of your “Route Sales” People goes into a Business to get their Fire Extinguisher Inspection-Service work, the Route Sales driver will ask the owner “We are taking care of your Fire Extinguishers, can we have our Alarm-Security or Video come talk to you about any of your other Life Safety Needs. We will want to talk with the New Owner about Chain Store accounts and Multi-location Business with Locations on several Items. They want one Company to do all their Life Safety work. Many U.S. Companies are opening Locations on many different Island Countries, they want one Company to do all their Life Safety work.
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