Virtual Freehold Outstanding Security Business With Excellent Profits | | Undisclosed West Midlands | | OUTSTANDING SECURITY BUSINESS WITH EXCELLENT PROFITS - WEST MIDLANDS Fully compliant with every industry accreditation Excellent company profile A/T: £1,110,472 GP: £192,400 999 year lease Virtual F/H: £900,000 inc £332,000 shareholders funds REF: 9664B | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 49947
ADVERT IMPRESSIONS : 15,858 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Alarms & Security | | SALE: | Agent Sale | LEASEHOLD: | £900,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business has an excellent location situated in the heart of a new mixed residential / commercial estate in a very popular and affluent area of Birmingham.
The business has one allocated space and there are numerous parking spaces nearby.
THE BUSINESS
Advent Business Sales is delighted to have been instructed to offer to the market this very well established and profitable security business.
Founded by the current vendor over 10 years ago, the business is only now being reluctantly offered for sale to enable him to focus his efforts on an alternative unrelated business venture.
The business covers almost every aspect of security including:
Door supervisors
Static guards
Key holding
Alarm response
Reception security
Mobile patrols
Private clubs
Individual close protection
Permanent / temporary placements
The business is a preferred supplier for two major public house chains and is also a security industry authority approved member.
90% of turnover is within an approximate 30 mile radius of its plush offices in a suburb of Birmingham, although it does have clients on a national basis.
The business has four full-time staff and approximately 80 self employed staff. In the year to May 2010, they achieved annual sales of £1,110,472 and enjoyed a gross profit of £192,415. Overheads are minimal so the business has a net profit which is being achieved on a consistent basis.
The business is sufficiently profitable and can be operated by management, if the new owner wishes to do this.
The vendor is quite prepared to work with a new owner for a period of time to ensure a smooth transfer and to provide the necessary introductions to both staff and customers.
TRADING HOURS
Mon-Fri: 10am 5pm
Plus staff on call if required
EXPANSION POTENTIAL
This is clearly an established and very successful business, although it still offers excellent potential to increase both sales and profits in the future by:
1. Expanding out of the core area
2. Advertising at the moment the business attracts most work through its website, word of mouth referrals and in local magazines
3. Approach the Olympics to enquire about the potential security needs
4. Sell camera security systems
5. Contact supermarkets who have large cash takings
6. The business would be an ideal bolt on for a larger concern looking to expand into the area or as an addition to the concerns local involvement.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £1,110,472
Gross Profit: £192,415
Adj. Net Profit: TBC
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
Virtual freehold with 996 years left of a 999 year lease. The ground floor offices are very well appointed throughout and briefly comprise:
Ground Floor
Main entry door from very attractive water side area into the principle office with waiting area and comfy sofa and glass coffee table.
3 work stations and side private office with courtesy blinds built into the double glazed partition walls
Rear modern kitchen with a range of wall and base units, side storage cupboard
w/c fitted with disabled access
loft hatch
rear access door
The premises are fully double glazed, alarmed and also has a 3 camera CCTV system which can be monitored remotely.
They are extremely well presented throughout and also benefit from being fully air conditioned, which also doubles up as a heating system.
TENURE: Virtual freehold
Original lease: 999 years
Remaining lease: 996 years
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9664B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
