Established Video Surveillance & Alarm Company
Riverside, CA
| Asking Price: | $699,000 |
| Gross Revenue: | $678,000 |
| Rent: | $1,168/Month |
| FF&E: | $9,000 |
| Cash Flow: | $197,000 |
| Inventory: | $98,000 |
| EBITDA: | $197,000 |
| Established Year: | 1993 |
Listing ID: 2241755Listing provided by BizBuySell
BUSINESS DESCRIPTION
Southern California Licensed Security Business with Great Monthly RMR!
The Business was established in 1993 and incorporated in 2007. This business has an excellent reputation; offering CCTV, Burglar Alarm, Access Control and Data cabling services. It has earned trust of the City, Law Enforcement and local Business Owners. The Full Time Team is comprised of highly experienced & trained veteran personnel to ensure highest quality of service and customer support.
Monitoring RMR $11,000. Service and inspection RMR $2300. 40% residential, 60% commercial.
Inventory and vehicles approx. FMV $150K not included in sale price.
Please contact for more information upon receipt of signed NDA.
DETAILED INFORMATION
Location
Riverside, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,450
Lease Expiration
01/04/2024
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
This business utilizes minimal marketing which has provided large potential for growth with the implementation of an effective advertising campaign and an enhanced internet exposure, expansion of alarm monitoring, service contracts, and CCTV maintenance agreements.
Growth & Expansion
Required Licenses are as follows: C7 or C10 Contractors License, ACO (Alarm Company Operator)and Alarm Company Qualified Manager. The Seller will consider serving as the qualifying individual for licensing (CSLB: Electrical C-7, C-10 & BSIS: AQM/ACO on an agreed to interim basis, until the qualified buyer acquires any necessary or missing licenses for the business, with terms and any paid consulting agreements to be mutually agreed upon.
Financing
Currently Month to Month.
Support & Training
Owner is working full-time in an owner operator role and is willing to negotiate a transitional period to new ownership without disruption to current customers.
Training Support Included. Additional training can be made available at a mutually agreed upon cost to the new Owner.
Reason for Selling
Pursuing Other Business Ventures
Report an Issue with this listing
