Security Services
Location Texas,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $9140750
Net Profit / Cash Flow $450626
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1983
Number of Employees > 200
Relocatable No
Number of Employees > 200
Real Estate Leased
Training Negotiable as needed
Reason for Sale Pursue other business interests
Description This security was company founded in 1983 by a former law enforcement agent as a polygraph service provider. The Company expanded to specialize in retail loss prevention and eventually to offer a full suite of security guard services to government and commercial organizations throughout Texas and the Southwest. Currently its guard services are responsible for over 95% of the Company's revenue. The bulk of their clients are government entities including municipal, state and federal agencies. Operating out of multiple locations, approximately 60% of their guards provide armed guard services.
One of the Company's key competitive advantages is its proprietary guard management software. Developed in-house, this software allows the Company to operate with a leaner management team than most other guard companies of a similar size. They also enjoy a respectable direct labor margin of approximately 68%. Asking price is $3,000,000 and seller financing is negotiable for a qualified buyer.
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