Total of 18659 firms and businesses for sale today Thursday 16th May 2024
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Sold. Security Solutions Company

LISTING DETAILS
Firms For Sale ID:
12926
Vendor reference:
CH101
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£425,000  
Turnover / revenue:
£600,000
Net profit / cashflow:
Undisclosed
Years established:
15
Number of employees:
12

OTHER DETAILS
Reason for selling:
The director and founder of this business has decided that it is time for him to take early retirement and he wishes to move abroad. He will however be willing to carry out a full and professional handover and be available for consultancy
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Security Solutions Company

Ref.CH101
Location Herefordshire
Asking Price £ 425,000

This business has been trading since 1995 and became a Limited Company in 2001. It is a multifaceted company that deals in all aspects of security. Its core operation is the design, supply and installation of technical security solutions. This includes alarms, CCTV, Access control, Locks, Lighting, Safes and Monitoring services. The business also does manned guarding, mobile security patrols and key holder services. In recent years there has been growing demand for their expertise in security audits and investigation services where clients believe that internal fraud or theft may be taking place but are unable to substantiate their concerns. The business has made it a policy to maximize on the maintenance element of every installation. It has built up over one thousand of these contracts which produces a strong re occurring revenue that is a highly prized asset of the operation

The company operates from a superbly positioned and well appointed retail shop that is to be found in one of the prime retail locations in this county town. It services the requirements of the general public and sells that vast majority of products the general public need for home and personal security. One of its main footfall generators is the key cutting service that brings customers in from all over the county. In terms of revenue split over seventy percent is generated from the commercial sector.

Expansion Potential
There is a consistent increase in demand for security products in every sector of society and commerce. This business is located in an area where urban crime runs adjacent to security issues prevalent in remote rural locations. While there is some competition the size of the available market makes the growth of the business a pure marketing exercise.