Armed & Unarmed Security Services

Morristown, NJ
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Cash Flow:$650,000
Established Year:2003
Gross Revenue:$2,700,000
BUSINESS DESCRIPTION

This long established and profitable trusted private security business was founded in 2003 and enjoys a strong reputation in the armed and unarmed security business. Other services provided include marked patrol vehicles, traffic control officers, concierge agents, loss protection officers, metal detectors/scanners, GPS units and secure couriers. Client accounts are stable and typically have contracts for a 1-3 year period. The company’s 30 accounts include commercial and retail construction sites, educational facilities, housing authorities, warehouses plus office buildings.
Staffing consists of the owner along with a General Manager, Operations Manager, Field Supervisor plus Director of Scheduling & HR and Field Supervisor. 85 unarmed guards represent approximately 80% of revenues with the remaining 25 to 30 guards providing armed services. The owner wishes to retire but is available for any necessary transition period.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
120
Facilities
1000 SF of executive office space
Support & Training
Seller available for necessary transition period
Reason for Selling
Seller retiring
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Frederick B. Collins
Fidcol Corporate Services Inc.
Frederick B. Collins