Security Guard Company
Location Tennessee,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $14000000
Net Profit / Cash Flow $713000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1986
Number of Employees > 200
Relocatable No
Number of Employees > 200
Real Estate Leased
Reason for Sale Retirement.
Description This company has been a leader is Security Guard Services for over 20 years. The majority of their clients are in the government sector with the remainder in private industry. They work on a long-term contract basis, with contracts typically spanning a five year period. Therefore, they confidently estimate their 2009 revenue just under $15,000,000. Outside of Physical Security, which makes up approximately 98% of their business, they also offer Investigative Services, Consulting, and Security Systems and Equipment. This company is one of a select few that is certified through the TSA to provide various security functions at airports; additional opportunities are expected to be available in this area for future growth. The owner is retiring and is willing to stay with the business through a transition period.
REAL ESTATE:
Their location has approximately 4,700 square feet of office space. It is currently being leased and the lease can be transferred.
BALANCE SHEET:
Assets Included in Sale $2,600,000.
Liabilities Included in Sale $1,900,000.
Email or call Corporate Finance Associates at 901-751-8880 for more information on this Security Guard company for sale.
Click Here To Contact Seller
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