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| Asking Price: |
$297,000 |
Status: |
Active |
| Business Type: |
Service - Others | Retail - Others |
Reference #: |
41420117 |
| Business Location: |
Cincinnati, Ohio |
Broker Coop: |
No |
|
Hamilton County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$405,000 |
Full-Time Employee: |
3 |
| Cash Flow: |
$85,000 |
Part-Time Employee: |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
|
| Year Established: |
1998 |
Rent /Month (Include NNN): |
|
| Accounting Info(years): |
3 |
Lease Exp.Date: |
|
| Franchise: |
No |
Original Lease (# of yrs): |
|
| Liquor License: |
No |
Lease Left (# of yrs): |
|
| Seating Available(#): |
|
Lease Option (# of yrs): |
|
| Parking Space(#): |
|
Lease Renewable: |
|
| Hours of Operation: |
Normal business hours |
Lease Transferable: |
|
| Reason For Sale: |
|
Rent Increase: |
|
| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
|
| Real Estate Value: |
|
Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
|
| Fixture & Equipment Value: |
$5,000 |
Seller Financing Term(years): |
|
| Inventory Included: |
Yes |
Annual Interest Rate: |
|
| Inventory Value: |
$1,000 |
Min. Down Requested: |
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Business Description |
Since 1998 this company has provided service to clients through their electronic security and alarm monitoring services, as well as providing residential sound systems. Over 500 current clients provide them with guaranteed income on an annual and contractual basis. Seller has been in the security business for over 30 years. The ideal buyer would continue to utilize seller’s contacts and sales ability, the existing operations manager, and the experienced service staff to grow the business and take it to the next level. The demand for US private security services will continue to grow which is heightened by consumer security awareness. 2008 seller income exceeded $85,000 on sales of $405,000. Increased sales will drive the bottom line even higher with the right buyer. |
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