Business Overview:
A specialty contractor and distributor of voice/data/media equipment. The range of product and service expertise includes data, phone, low voltage structure wiring (telephone, data, coax, fiber), security/surveillance systems, cameras, paging, background music systems, TVs, surround sound and theater systems, emergency phones, and other equipment.
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Property Features and Assets:
Established in 1985, the company has a wide range of experience in telecommunications systems and has evolved over its many years in operation to include specialties in access control, nurse call, and related systems for assisted care, student housing, and other markets.
Market Competition and Expansion:
Major companies in Security System Services include US-based ADT, Monitronics, and Protection One, along with G4S (headquartered in the UK). The 50 largest companies generate approximately 60% of industry revenue. Demand for security systems also depends partly on local population growth. In recent years, states with the highest population growth have included California, Florida, Georgia, North Carolina, and Texas.
Potential Growth: Sales and major customer relationships have been grown through ownership, along with referral and word of mouth. Revenues and project opportunities would be immediately impacted with the addition of a small sales force.
The Company's regional footprint could be expanded with branch offices in key neighboring regions, including the Southeast Coast, and certain areas in the northern US, targeting high-potential demographic (seniors) growth areas with additional focus on school districts and college campus security.
Reason for Selling:
Retiring
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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