Distribution / Online Sales of Security Equipment

Miami-Dade County, FL

Distribution / Online Sales of Security Equipment
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Asking Price: $3,950,000

Cash Flow: $852,287

Gross Revenue: $7,953,511

EBITDA: N/A

FF&E: $10,014

Inventory: $150,000

Established: 2003

Distribution / Online Sales of Security Equipment

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Business Description

Well known company in the industry dedicated to the sale of security systems. This company was the pioneer in online sales with sales of $8 million in 2018 and trending in 2019 to $ 9 million. They specialize in: access control, gate operators, parking systems, CCTV and electric locks. The company has shown a constant growth, costumers include: installers, contractors, final consumer and government agencies. 80% of sales in the US, no client concentration. Long term relationships with the main brands in the industry. They do not do installations. The company owns several web pages that drive traffic into the business. Great books and records.

Detailed Information

Location:
Miami-Dade County, FL
Inventory:
Included in asking price
Employees:
15 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates from a warehouse owned by the owner of the business. Rent is $10,000 a month for $8,000 sq ft (5,000 office space and 3,000 warehouse). Duration of the lease to be negotiated.
Competition:
There are other companies that operate in the same industry. These competitors compete by price ONLY in some products. None of the other companies have the extensive online experience nor the diverse marketing team.
Growth & Expansion:
The security market is big and it is increasing at a rapid pace. The company has been successful in growing the revenues every year. Keeping the same strategy and implementing new ideas will allow the company to keep experiencing the growth pattern.
Support & Training:
Will train for 3 weeks @ $0 cost. General management skills. Knowledge about the industry is a plus.
Reason for Selling:
Wants to retire.
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Andy Fischer

Business Listed By:
Andy Fischer

Murphy Business & Financial Corporation

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