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Established Security Service Business in the GTA for Sale

For sale is a security services business that has been serving the GTA for over 10 years. The business offers a wide variety of security services including security guard services, concierge security, mobile patrol and parking enforcement. Revenues have been steadily growing over the last few years and the business has been gaining a larger market presence. The business is staffed with a team of 80 skilled workers. The clientele is loyal, high quality and is diversified across different industries. Sales are noncyclical and remain consistent over the year with no fluctuations. Security services have been a necessity for commercial clients and property management companies, essentially making the business recession-proof.

The business has the potential to grow its revenues by expanding into new territories to grow its client base and by increase spending on marketing activities.

This is an ideal opportunity for an entrepreneur with experience in the industry wishing to start their own business. Existing security service businesses may find this a synergistic deal to grow its market share and customer base.

The asking price includes all FF&E. The owner is selling the business as he is looking to retire.

Asking Price: $395,000
Revenue (2015*): $1,794,000
Seller’s Discretionary Earnings (2015*): $158,000
Year established: 2004
FF&E (2015 Book Value): $38,000
Employees: 80

*Figures for 2015 are based on a projected estimate. The business follows a December 31 fiscal year and as of June 30, sales for 2015 are approximately $897,000.

For more information please contact: 

Alex Shteriev, MBA, CBI 
Beacon Corporation, Brokerage
alex@beaconbrokerage.ca
416-228-1200 ext. 212