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Security Security Security For Sale

Palm Beach County, Florida, US
Asking Price:
$1,500,000 Furniture / Fixtures included
Sales Revenue:
$1,915,872
Cash Flow:
$651,395

Security company providing armed or unarmed guard and patrol services to a diversified client portfolio. Operations are in several states including FL, GA, AL. Most work is contractual on an annual basis with some coming from short-term agreements for various work such as targeted patrols and fire-watch services. The seller occupies an office suite in WPB which can be eliminated if someone wants to move the office elsewhere or can easily be made into a home-based business. Seller duties include general management of the business, negotiating client contracts, managing new client startups, sales, and client startup initiation. The seller does not do any fieldwork or training as all that is conducted by the current staff in place. One manager in place is responsible for client retention, customer service, employee scheduling, employee discipline, and operations management. The approximate employee breakdown is 10 admin and more than 40 field employees and that varies a bit depending on contract load. There are about 50 professional state-licensed security officers (depending on contract load) with experience in law enforcement, military, or security specialty backgrounds. Clients include residential HOA communities, apartment complexes, retail, medical plazas, and personal security services. Currently there is $1.8m in contracts for 2024 and the seller will continue to add to that figure throughout the year. Pro-forma for 2024 based on current contracts will exceed $651, 396 for 2024. Excellent books and records and contracts to prove all revenue.

This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent

Business Operation

Competition / Market:

Non Compete : Miles: 50 Years: 2

Reasons for selling:

Relocating, Retiring

Trading hours:

7 days

Employees:
47
Years established:
8

Other Information

Support & training:

Weeks Training: 2 Cost: $0

Furniture / Fixtures value:
$69,500 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.