Buy a Business
ALARM-SECURITY BUSINESS & MONITORING – GROWING INTO A MUCH LARGER LIFE SAFETY BUSINESS – THIS REOCCURRING MONTHLY REVENU
Florida
THIS REOCCURRING MONTHLY REVENUE MONITORING BUSINESS IS FOR SALE
Dennis V. Riley Broker & “COACH” To The Life Safety Industries. Cell 240-462-8220 -- office 410-326-2187 dennis@beltwaybrokerage.com
This Business is in Northern, FL. It has been in Alarm-Security for over 35 years. They focus on Commercial work which is about 65% of their volume and 35% is residential mostly for their Commercial customers. They are focused on Fire Alarms, new installations, a high volume of annual required inspections, the Monitoring and good repair work and addition to systems. The Video Installation Profit Centers have been improving every year.
They have 5 technicians, 2 have been there over 14 years. The owner and one full time sales person produce all the sales. There are about 400 monitored accounts that produce about $25,000 OF R.M.R. (Reoccurring Monthly Revenue) this includes many Service and Inspection Contracts.
The annual Gross Sales are about $900,000, with a solid net of about $150,000 plus some “Owners Benefits”, this Business has good management that has kept overhead down, the rent is about $900. The Business is being offered for an asking price of $930,000. The value of the
They have 5 Fire Sprinkler Companies that they do all their “Low Voltage” and Fire Panel Connections plus the Central Station Monitoring of Sprinkler Systems. They have been getting a lot more aggressive helping Electricians with their Low voltage work. Most Electricians need help with their “Smarts & Parts”, and troubling shooting of Fire Alarms, this will be a fast growing part of the Business for the New Owner. The new owner needs to take a close look at all existing 12 Profit Centers now used by the existing Management. All the Life Safety Businesses collectively in the United States use about 50 Profit Centers. We are suggesting that the new owner should be adding about 10 New Profit Centers.
This Seller has a large Group of Custom Builder who build the more expensive homes. He does the Alarms for those Builders and the “Structured Wiring” plus Audio and other Home electronics. This part of the business is also ready for expansion.
A major opportunity for a very profitable growth is to expand all Inspection Profit Centers. We like to see all Life Safety Businesses do Water Backflow Inspections, this activity is profitable and it is not difficult to find the People who do thos inspections. The Person who can do water Backflow inspections
