This Northern California based video surveillance company is a California Sole Proprietorship that was formed 24 years ago and has been under current ownership since inception. This business focuses on security monitoring mainly for car dealerships. They provide video surveillance services from 10pm to 6am for 7 days a week and currently have approximately 15 clients and have been as high as approximately 20 clients. While they specialize in car dealerships, this business can be expanded into industrial and other areas. They provide camera systems and setup as an initial sale, and then offer a subscription service for monitoring. Their contracts are one year at the front end and then month to month thereafter. Almost all of the revenue is ongoing subscription monitoring service.
CA 02100708
NV 1003039
Financial Information
$325,000
Asking Price
$80,000
Cash Flow
$300,000
Gross Revenue
$175,000
Down Payment
Yes
Financing
Business Location
City:
Northern California
State:California
Financing Comments
Seller financing for up to $150,000 is available over 3 years at 8% interest. The amount financed will be dependent on offered purchase price and quality of Buyer.
Reason for Sale
The Seller is selling to retire.
Detailed information
Year Established:2002
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:3
Contractors:N/A
Owner Worked Hours/w:20
Adjusted EBITDA:
$80,000
Inventory Included: Yes
Inventory Value:
$8,000
Monthly Rent:
$750
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 374
FF&E Included?: Yes
FF&E Value: $4,000
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.
Market Outlook/Competition
The global video surveillance market was valued at $61.8 billion in 2022, and is projected to reach $204.5 billion by 2032, growing at a CAGR of 12.8% from 2023 to 2032. A video surveillance system is a security system that captures images and videos, which can be compressed, stored, or sent over communication networks. Digital video surveillance systems can be used in nearly any environment.
Statewide Private Investigations Firm SC2132 This Northern California based Statewide Private Investigations Firm is a California S-Corporation that has been...
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