Installation of Security System - Seller Financing

San Jose, CA (Santa Clara County)

Seller Financing Available
Installation of Security System - Seller Financing
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Asking Price: Get Financing: $275,000

Cash Flow: $166,900

Gross Revenue: $486,874

EBITDA: N/A

FF&E: N/A

Inventory: $500

Established: 2008

Installation of Security System - Seller Financing

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Business Description

This Security Camera installation business for surveillance has been in operation for ten years. It has many well-known commercial customers as well as home owners. It requires a C-7 contractor’s license - low voltage operation. Seller will carry a note for a qualified buyer for up to 40% of the price. The seller is retiring and would be available as a RMO for up to two years if the buyer doesn’t have the C-7 license. (BTI #8525)

Detailed Information

Inventory:
Included in asking price
Employees:
FT: 4, PT: 1
Facilities:
He has four full time employees and three part time 1099-part timers. He spends a good part of his time on non-business activities: he co-founded a non-profit organization called Mexpro and volunteers his technical skills to help schools in the Bay Area to get on the Internet and set up computer labs. He also involved in making a documentary film and building a resort in Mexico.
Growth & Expansion:
His concentration on the business has not as much as a new young energetic guy would have.
Financing:
40% financing with a down payment of $165,000.
Support & Training:
3 Weeks, 25 Hours Per Week
Reason for Selling:
Retirement
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(from currently available funds)
 
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Michael Floorman

Business Listed By:
Michael Floorman

BTI Group Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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