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Established Armed Security Guard & Patrol Business

Orange County, CA
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Asking Price:$525,000
Gross Revenue:$961,416
EBITDA:$100,248
Established Year:2015
Cash Flow:$178,248
Rent:$1,554/Month
FF&E:$174,000
Listing ID: 2240057Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established in 2015, Seller is a security guard & patrol company with excellent reputation, has earned trust of the City/County & Transit Agencies, and been awarded with years of contracts to patrol city, open preservation land and parks/beaches. The clientele also include church, private school, golf club & mall. The highly experienced veteran and former law enforcement personnel formed team ensures highest quality of service.
Seller has built a great foundation for future growth and is willing to stay on after sale for 6 months to a year on agreeable terms to operate the business and ensure a smooth transition.
The business has 7 patrol vehicles and the auto loan can be assumed by buyer.
Please listing agent Wen Karkhanis for details upon NDA signed.

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,045
Lease Expiration
30/07/2024
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The asking price includes 7 fully equipped patrol vehicles in good condition, including 4 Rangers, 1 Explorer, 1 Ridgeline and 1 Wrangler. Total Estimated Market Value of vehicles and FF&E is around $ 174K.
Competition
The market environment now is in demand for security services.
Growth & Expansion
Seller's armed security license is the highest level license in this industry, and new owner can add un-armed security service without additional permit. Seller hasn't been focused on marketing the business for a long time, current businesses come in through word of mouth, and new owner can pursue more accounts with marketing efforts.
Financing
Seller has EIDL with low interest, can be assumed as financing for the biz purchase
Support & Training
Upon Closing, Seller will provide free training for about 2 months @20 hours/week, and then willing to stay on to help out in operation for about 6 months to 1 year on agreeable terms.
Reason for Selling
Seller consider retiring.
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Wen
Chen-Karkhanis
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Wen Chen-Karkhanis
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