This Northern California based Statewide Private Investigations Firm is a California S-Corporation that has been in business for almost 16 years. They specialize in public safety background investigations, in particular first responder positions in public safety. They have performed almost 8500 investigations including law enforcement, firefighter/paramedic, and public safety civilian background investigations. They have several years of experience with numerous police agencies, sheriff’s departments, and fire agencies, and work with correctional facilities, public safety dispatchers and law enforcement managers and administrative staff.
The new owner should be a former law enforcement and a licensed private investigator (Seller is willing to help with this qualification through the temporary use of their license).
Financial Information
$750,000
Asking Price
$250,000
Cash Flow
$500,000
Gross Revenue
Negotiable
Down Payment
Yes
Financing
Business Location
City:
Northern California
State:California
Financing Comments
The Seller is willing to carry a note for part of the purchase price of the business. The amount carried will depend on the purchase price and the quality of the Buyer.
Reason for Sale
The reason for selling is the Seller would like to retire.
Detailed information
Year Established:2007
Home Based:Yes
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:15
Contractors:N/A
Owner Worked Hours/w:30
Adjusted EBITDA:
$227,500
Inventory Included: No
Inventory Value:
N/A
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: Yes
FF&E Value: $10,000
Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.
Market Outlook/Competition
The US market size in revenue for Background Check Services industry in 2022 was $4.3 billion. This market increased by 4.8% in 2022 and has grown by 3.1% per year on average between 2017 and 2022. The number of businesses in the Background Check Services industry in the US has declined 2.8% per year on average over the five years between 2018 - 2023. California (642 businesses), Florida (501 businesses) and NY (344 businesses) are the States with the greatest number of background companies.
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