Electronic Monitoring Service with over $170,000 in Earnings

AR (Relocatable)

Seller Financing Available
Electronic Monitoring Service with over $170,000 in  Earnings

Asking Price:$490,000

Cash Flow:$173,560

Gross Revenue:$567,955

EBITDA:N/A

FF&E:$5,000

Inventory:N/A

Established:1998

Electronic Monitoring Service with over $170,000 in Earnings

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Business Description

Own a business with a client base that will never go away. Sentencing Options Specialist has been in business since 1998. Started by a former Law Enforcement Officer, Johnny Wagner saw an opportunity to provide a solution to the overcrowded local jails. He also knew the cost to cities and counties, not to mention tax payers, to house prisoners and provide food and medical resources for these inmates. Therefore he developed a solution that would save these agencies money and help them monitor juvenile and adult offenders. This is a great business for former law enforcement officers and those with experience in the criminal justice system.

• Utilizes the most efficient and highest quality technology to provide solutions for underfunded and overcrowded jails for state, county, and city law enforcement agencies throughout Arkansas
• Established in the late 1990's
• Established and successful business plan
• Great relationships throughout the state
• Strong independent contractor network
• Provides house arrest, GPS monitoring, and alcohol and monitoring solutions
• Works with juvenile and adult probation officers and detention centers across the state of Arkansas
• Owner is ready to retire
• Some owner financing is available to qualified buyer
• CBI Team has tools to help you get financed - Loans For Business http://www.loans4biz.biz

Detailed Information

Inventory:
Included in asking price
Employees:
3FTE 15IC
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business office is located in a small storefront inside a local mall. Office is completely relocatable as the bulk of the work is either on the road, or preformed by independent contracts outside of the office.
Competition:
There are very few competing businesses in the state.
Growth & Expansion:
Potential exists to grow into other areas not currently serviced by the company. The owner (and primary salesman) believes that a motivated and energetic salesman would be able to grow the business tremendously. Additionally as jail populations increase there will be increased demand for this service to combat over-crowding and limit taxpayer expense.
Reason for Selling:
Owner is ready to retire

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Carl Grimes

Business Listed By:
Carl Grimes

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