Security & Life Safety Integrator
Asking Price: | $1,800,000 |
Inventory: | $50,000 |
Established Year: | 2004 |
Gross Revenue: | $6,000,000 |
FF&E: | $250,000 |
Hitting the market is an established Security Integration company specializing in Commercial and Enterprise level sales, installation, support, and service.
The company has 2 offices and is operating in 4 states including NJ, PA, NY and WV.
The integrator has onboarded very high-end technology partners in both fire alarm and security that few others are able to support. Through this strategy their contracts are stronger and competitors more limited. It enables the company to retain customers for longer than the industry standard. Their RMR model is proprietary to their business and generates significant returns, with some contracts generating thousands of dollars per month individually.
The customer base is diverse to avoid saturation and insulate them from any economic downturns. The strongest verticals are Healthcare, Multi-Family Dwellings, Corporate, Retail, Self-Storage and Manufacturing.
The customers include many fortune 500 and 100 companies, as well as national chains, small business and enterprise level clientele. They have the highest ratings of customer service in the region and use a variety of marketing tactics to win new customers over the competition. Their existing customer base is supported well, and customer attrition is well below 5% YOY.
The company relies on substantial break/fix service and RMR for sustainable and reliable monthly income, helping generate sustainable cashflow. The accounts are in good standings, receivables are within industry standards and monthly cashflow is consistent.
The company was experiencing significant YOY growth and profits until recent events with ownership changed it's trajectory. The owner is willing to stay on for as long as needed to transition the business to a new operator and ensure it's long term success.