Dynamic Home Security Company with Strong Contract Revenue Base **Sold**

Description

The company provides a complete home security solution in one simple offering with coverage throughout the UK with offices in the midlands.

The company has 1900+ long term contracts from 1 to 10 years in length and a 75% renewal rate estimated to be worth over £5M. These contracts represent a substantial cash flow and opportunity for up sell for a strong buyer.

Asking Price - £1.9M

Annual Revenue - £1.1M

Gross Profit: £777K

Key Features:

- National coverage

- Over 1900 contracts with 75% renewal rate

- £5M in renewals value over the next 10 years (estimated)

- Great culture and work ethic


Location: National/midlands

Reason for Sale: Retirement

PLEASE NOTE:

Financing may be available for qualified buyers.

For additional details or to arrange to view the business, please contact Transworld Business Advisors UK on +44 (0) 1372 540 989 or via email at kgorman@tworlduk.com

To arrange for a viewing or for any other enquiries, please get in touch! ..

Listing Details

• Listing Number: 62394-416628
• Location: West Midlands, England
• Price: 1,900,000
• Down Payment: 0
• Sellers Discretionary Earnings: 312,253
• Category: Security Related


• Inventory: 5,000
• FF&E: 5,000
• Employees: 9
• Years Owned: 11
• Reason for Selling: Retirement