Custom Security Systems

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$589,000 $443,074

Services: Security, Surveilance


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RE: Custom Security Systems Broker: Randy Bring
License #: SL687673

Quick Facts

Asking Price: $589,000
Annual Revenue: $443,074
Net Profit: $130,705
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: 3
BBN Listing #: 7539630
Broker Reference #: 0101618240

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Business Overview:

For almost 40 years, this firm has been the S. Florida leader in custom security systems. Seller retiring. Approximately 70% residential, 30% commercial with a niche in the private school space. Strong office Manager runs administrative back end, owner quotes and installs with Full Time assistant. Recurring revenue from approximately 538 monitor accounts generating $18,600 +/- of monthly contract revenue. Seller owns building, will consider sale of same, lease to Buyer @$1,800 a month or business can be relocated anywhere. Service van is included. Service area Palm Beach south to FL Keys. Seller with qualify Buyer's required FL low voltage/EF license if needed and w/stay on at salary if desired. This is a strong and historically consistent business that would be ideal for a family Buyer, a strategic add on to an existing company or one seeking a platform to build and take to the next level. Part year figures below have been annualized from 8-31-19. "Other" Adjustment below modifies Full Time bookkeeper to Part Time. Please refer to listing #0101618240 & ask for Randy Bring when inquiring.

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Property Features and Assets:

1,200 square feet office/warehouse @ $1,800/month.

Market Competition and Expansion:

Unknown/Unlimited.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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