Buy a Business
GEORGIA ALARM SECURITY BUSINESS – FOR SALE
Georgia
This 20 year old Alarm-Security Life Safety Business has been the # one Leader in their Market area. They cover most of Georgia and parts of Northern FL. and Near-by South Carolina. The Owner has over 35 years of Life Safety experience and worked for many years with major competitors before starting his own Life Safety Business. He is interested in working with a new owner who will want to add New Profit Centers, and take this Life Safety Business to a newer level. The following are key items that make this Business valuable.
FIRE ALARMS ARE 3 OF THEIR MOST IMPORTANT “PROFIT CENTERS”. They are NICET certified, they design & Install New Systems. They are most interested in doing the Central Station Monitoring. An important part of their Fire Alarm Group is doing the required annual Inspections and repairs needed. There is much room for growth of these Profit Centers.
THEY OWN THE 11,000 SQ.FT. BUILDING THEY OCCUPY . They use 3,000 sq. ft. of this space, there is room to expand, A new owner can Buy the Building & Property or lease the facilities. The price of the Building is not included in the asking price for the Business,
THE ASKING PRICE FOR THE BUSINESS IS $1,950,000 The R.M.R. (Reoccurring Monthly Revenue) adds a lot of value to the Business. The owner of this Business has always focused on the New Sales and the Service and Inspection profit Centers of this Business. He has always been looking for a 10% Net to 15% Net on Gross Sales. In the last 2 years he has Grossed $2.2 & $2.3 Million in sales, this year he expected to do $2.5 to $2.8 Million. The Net Profit is up, because the owner was able to cut overhead when the COVID – 19 hit.
A NEW INVESTMENT OF OVER $25,0000 WAS RECENTLY MADE TO GET THIS BUSINESS INTO THE Radio SIDE OF THE GROWING MONITORING AND COMMUNICATION OF SIDE OF THE BUSINESS. The owner has the needed Radio Licenses needed to expand this very profitable side of the Business. Most of his Competitors are not able to Install or Service these systems. This important part of his Business is the area of his most important expansion area Atlanta. You will need to get a lot more information on this part of the Business.
THE SELLER HAS A CPA BACK GROUND He can help a new owner make sure that the Accounting Systems and record keeping stays up to date with all the new technology. His Educational back ground adds value to this transaction.
THE TWO OWNERS (A HUSBAND & WIFE TEAM TAKE OUT A SALARY BASE OF $140,000 AND THEN BONUS INCOME OF ABOUT $250,000. This Business has many Tax Advantages, at the end of last year he wrote off $93,000 of old Inventory and purchased 2 new trucks to add to his existing fleet of 7 Service & Installation vehicles. The Due-Diligence process will show additional accounting processes that add value to this Business.
THE OWNER IS CONSIDERING TO ADD FIRE EXTINGUISHERS TO HIS NEW PROFIT CENTERS. There are many reasons to do this, over 1,000 of his customers have Fire Extinguishers in their Businesses. They must be inspected & Tagged each year. Selling Fire Extinguishers gets him into thousands of additional doors to sell all of his other Life Safety Services. Selling New Fire Extinguisher have about a 110% mark-up. The Fire Extinguisher “Route Sales” People will be the most productive lead developers in the Company.
FIRE ALARMS ARE A KEY FOCUS, BUT THEY ALSO DO A GOOD BUSINESS WITH INTERCOM & BUSINESS SECYRITY SYSTEMS, SECURITY GATES. VIDEO SURVEILLANCE, ACCESS CONTROL & MORE. These are all most important Profit Centers. The owner over many years has developed great relationships with Manufactures, Distributors and Vendors who serve the Life Safety Industries. These relationships again add value to this Business. The Seller will help you transfer these relationships.
THEY DO NURSE CALL STATIONS. This gets them into Hospitals, nursing homes and other Health Care Businesses. The Health care Industries use dozens of Products & Services that are needed. All these customers live in homes, owners of Businesses want their Commercial Alarm Company to do their Residential Alarm Security work. A new owner will want to have a residential division and only go after the profitable side of that Business.
We will be happy to provide you a lot more information on this Business
including 3 years of financials and year to date.
Dennis Riley Broker & “COACH” to the Alarm-Security Industries
Cell 240-462-8220 Office 410-326-2187
