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Security Guard & Patrol Company

Phoenix Metro Area, Arizona (Maricopa County)

Services - Other Business Services | Services - Other Miscellaneous services

Asking Price $1,150,000 Inventory  
Gross Income $1,207,284 Real Estate  
Cash Flow Not Disclosed Year Established 1995
FF&E $20,000* Employees 50

* included in the asking price

** not included in the asking price

Security guard & patrol company for sale. Armed and unarmed guards. Many stable long-term clients. Has state of art radio transmission system to contact patrol/guards on site for performance issues, security issues and speed and efficiency when needed. Has licenses in Colorado and California in addition to AZ. Well positioned for growth in adjacent states for prospective buyer. Seller's new business projected to replace AZ residential slow-down of $1 million by 2009. 2006 totals were $1.9 million gross with $419k Net Cash Flow. July-Dec 2007 Gross Revenue was $790k with Adjusted Cash Flow of $173,361. 2008 projected to return to 2006 levels. In 2005 Company billed over $2.3 Million with $512,795 Adj Net Cash Flow. Seller will stay on to maintain current client base and assist in growth and expansion.

Facilities: Small biz center leased offices, approx $1,000/mo

Competition: Company operates in niche serving a loyal customer base demanding high levels of customer service and willing to pay for it. Company has many long-term clients very satisfied with company service. There are a number of bigger players that either serve a different market, lower paying customers, short term HOAs, or municipal contracts.

Growth/Expansion: Business positioned for growth with investment capital. Seller will identify new growth areas for growth minded prospective buyer. Seller has minimized and replaced impact of builder clientele slow-down during the 2007 transition year. Seller added 1 NATIONAL BANK, A LEADING AZ AUTO DEALERSHIP, AND A NATIONAL HOTEL CHAIN WITH 60 local AZ locations. When builders come back, the Company will be poised for significant increases and record revenues and cash flows.

Financing: Negotiable

Support/Training: Support/Training: Seller will consider staying on to assist in growth and expansion. Seller will work for Buyer for a number of years, $75k/yr salary with medical and bonus on growth. Could create a near absentee ownership arrangement for buyer.

Reason Selling: Other business interests

AD # 334017

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