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Listed by:

Transworld Business Brokers of North Florida

North East Florida Monitoring Services For Sale

Duval County, Florida, US
Asking Price:
$840,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$913,113
Cash Flow:
$244,785

Make Crime Pay, we provide monitoring services for Nassau, Duval, Clay, ST. Johns, Flagler, and Baker counties in NE Florida. These include SCRAM, Drug Patch, and Remote Breath monitoring. We have a 23-year history of providing sentencing alternative programs for adult and juvenile offenders. Our programs can be specifically detailed to the needs of the community and Court system. We continue to refine and adapt all our programs to meet the latest in criminal justice ideology and behavioral modification models. Our programs are designed to reduce the high cost of incarceration to the taxpayers while providing professional supervision models based on modern correctional best practices. The business has offices in Duval County, as well as a mobile office. Sales were inflated in 2020 – 2021 due to covid, the courts suspended urine testing, leading to temporary larger sales of Drug patches and SCRAM. In late 2022 the company decided to get out of the GPS monitoring Business which will result in approximately 30% decrees in sales while achieving a decrease of 42% on the expense side, as expressed in the 2023 Proforma. Please refer to listing and advisor Victor Cirillo when inquiring.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 3021 Square Footage: 1,500 Building Type: Strip
Terms & Options: 0 Expiration Date: 1/31/2024

Size in square feet:
1,500

Business Operation

Reasons for selling:

Other

Trading hours:

By Appointment

Employees:
4
Years established:
23

Other Information

Support & training:

Seller will train for 2 weeks at no cost

Financing available:

Loan/Other - Amt: $811,120.00 Mos: 120 Rate: 10.75 Mo Pmt:$11,058.70

Furniture / Fixtures value:
$85,000 - included in the asking price
Inventory / Stock value:
$6,200 - included in the asking price