Security Systems Manufacturer
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1030000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 10 - 19
Inventory 200000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Successful and innovative company that manufactures, sells, installs, services and repairs a full range of products, including company owned patent on semi and full automatic, non - telephone line intercom systems, CCTV systems, government approved horizontal and vertical mailboxes, magnetic locks, elevator devices, roof alarms, aluminum entrance doors, store fronts, temper glass, hi security cylinders including master cylinder systems. Company has successfully developed and patented unique intercom systems - fully manufactured and assembled in-house - that have been sold and installed in aprox 50,000 apartments throughout the five boroughs and NJ, and approved by the HPD, ensuring steady recurring revenue for services and repairs. Huge mark ups on systems and products. Installations and repairs are performed by reliable subcontractors. Large and stable customer base that comprises of dozens of building owners, real estate management companies, retailers, general contractors and electricians. Business operates out of a 3,500 sqft. Company owned manufacturing facility combined with office space in one of the five boroughs, conveniently located near major highways. Organic growth was achieved by word of mouth via quality of products and superior service, but with minimal marketing. Ownership of patented systems, penetration into approx 50,000 apartments, and long term and loyal customer base combined with a proper focus on marketing can provide an amazing growth opportunity for the right Buyer, ideally with a related background. Owner will consider staying on with buyer for a period of up to two years. Contact for more information on this Security Systems Manufacturing business for sale.
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