$Seller Financing Available
| Asking Price |
$290,000 | Inventory |
$29,480* |
|---|---|---|---|
| Gross Income |
$505,545 | Real Estate |
|
| Cash Flow |
$140,588 | Year Established | 1992 |
| FF&E |
$116,505* | Employees | 8 |
* included in the asking price
** not included in the asking price
Founded in 1992, this 16-year-old Company, an authorized GE Security Pro distributor, specializes in high-quality Commercial Security Systems for its small business, commercial, new construction, industrial and institutional clients. Commercial business accounts for approximately 90% of the firm's annual revenues, but the Company has some individual, residential and homeowner customers. Services include fire alarms and large card access, as well as burglary, elevator and Dbase. The Owner has built a strong base of continued business in the local community with clients as far away as 250 miles. The business prides itself in doing the job 'right the first time' and has very few comebacks. NOTE: Year to Date March 31, 2009 results are in, and the Company is 'on track' to generate over $500,000 in Gross Sales this year, with more than $140,000 in SDCF!!
Facilities: The Company currently operates out of approximately 2,000 SF of commercial space that is leased for $1,175 per month on a month-to-month basis. Because of the nature of the business, however, it could be operated anywhere.
Competition: There are certainly other commercial Security Systems firms in the North Atlanta metropolitan area; however, this Company has been in existence for over 17 years and has built a strong reputation for reliability and service. Easily-transferrable customer base.
Growth/Expansion: This is an ideal target for acquisition by another Security Systems firm, since the Company has longstanding relationships and excellent repeat customers in its market. Though there are no Contracts currently in place, the Owner has developed longstanding business relationships with his Client base. Even after a mediocre fiscal 2008, the business is poised for additional growth!
Seller Financing Available: Yes
Financing: Seller Financing with 1/3 down to a qualified Purchaser
Support/Training: The Seller is willing to offer training/transitional assistance at no cost for four (4) weeks, with consultancy thereafter at mutually-agreeable terms & conditions.
Reason Selling: The seller would like to eventually retire to Tennessee

Van Watkins
404-226-5271
Metrobrokers/GMAC Real Estate, Inc.
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