Electronic Security Provider

Chicago, IL (Cook County) (Relocatable)

Electronic Security Provider
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Asking Price: $599,000

Cash Flow: $137,438

Gross Revenue: $1,215,377

EBITDA: N/A

FF&E: $18,000

Inventory: $54,500

Real Estate: N/A

Established: 1980

Electronic Security Provider

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Business Description

This listing is for a profitable and well-established electronic security provider in Chicago that is available to a qualified buyer. This business specializes in alarm systems to meet NFPA codes and it offers a buyer a yearly income of over $100,000. They offer new installment and retrofitting for older systems to ensure that their alarm systems meet annual code inspections. The business features a great staff of union, bonded and well-trained technicians that have all had background checks and are registered with the state. The installation and retrofitting of alarms systems only represents one aspect of their business. The second part of their business model is providing 24-hour fire security monitoring. They have over 300 accounts with room for growth. A new owner can dynamically grow the business by focusing on added new clients to this aspect. 80% of their customer base is commercial with remaining 20% being residential. Over $70,000 in assets is also to be transferred with the business sale. This includes their inventory, equipment and vehicles. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Detailed Information

Location:
Chicago, IL
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
6,400
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home Based business. Relocatable. 6,400 sq ft. storage used. (Home Based)
Support & Training:
Owner will train the buyer for 4 weeks
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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Tommy Farmer

Business Listed By:
Tommy Farmer

The Marvin Group LLC

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