MergerPlace

Distribution / Online Sales of Security

Florida (Miami-Dade)


  • Asking Price: $3,950,000
  • Gross Income: $7,953,511
  • Cash Flow: $852,287
  • Real Estate: Not Disclosed
  • Inventory: $150,000
  • FF&E: $10,014
  • Listing ID: #216646
  • Established: 2003
  • Employees: 15 FT

Business Description

Well known company in the industry dedicated to the sale of security systems. This company was the pioneer in online sales with sales of $8 million in 2018 and trending in 2019 to $ 9 million. They specialize in: access control, gate operators, parking systems, CCTV and electric locks. The company has shown a constant growth, costumers include: installers, contractors, final consumer and government agencies. 80% of sales in the US, no client concentration. Long term relationships with the main brands in the industry. They do not do installations. The company owns several web pages that drive traffic into the business. Great books and records.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15 FT

Financial Information

Asking Price: $3,950,000
Gross Revenue: $7,953,511
Cash Flow: $852,287
FF&E: $10,014
Inventory: $150,000
Seller Financing Available: No

Property Information

Facilities:

The business operates from a warehouse owned by the owner of the business. Rent is $10,000 a month for $8,000 sq ft (5,000 office space and 3,000 warehouse). Duration of the lease to be negotiated.

Growth & expansion opportunities:

The security market is big and it is increasing at a rapid pace. The company has been successful in growing the revenues every year. Keeping the same strategy and implementing new ideas will allow the company to keep experiencing the growth pattern.

Competition:

There are other companies that operate in the same industry. These competitors compete by price ONLY in some products. None of the other companies have the extensive online experience nor the diverse marketing team.

Reason for selling:

Wants to retire.

Support & Training:

Will train for 3 weeks @ no cost. General management skills. Knowledge about the industry is a plus.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers