Supply And Maintenance Of Security Door Entry And Cctv Systems | | Undisclosed Essex | | ESSEX - RE LOCATABLE SUPPLY AND MAINTENANCE OF DOOR ENTRY AND CCTV SYSTEMS Well Est & respected company providing security to hotels Owns the 'Status' brand A/T: £180,000 GP: 45% Ideal acquisition for existing company L/H: £179,950 +SAV REF: 1008SS | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62043
ADVERT IMPRESSIONS : 11,684 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Alarms & Security | | SALE: | Agent Sale | LEASEHOLD: | £179950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Trading from small industrial unit in Essex but fully re-locatable throughout the UK
• Parking outside the unit
• Good road and rail links to all London destinations
HISTORY
• Established in 1992 by the vendor supplying door entry systems to hotels
• Worldwide rights to manufacture the Status range of products acquired in 2004
• Customer base steadily built beyond the hotel industry to include security companies
• Additional CCTV related product lines introduced
• Now a respected supplier and stockist for both new and older systems
REASON FOR SALE
• Retirement
PRODUCTS
• Supply, installation and maintenance of Status branded door entry systems including:
o ContractR
o Citadel
o Aquarius
o Hydra
o Kiss
o Easi-Axess
• Maintenance of older Status systems including:
o 3000
o 4000
o 5000
o 826
o V series
o Economy
• Approved access control and CCTV distributors for
o PAC
o Comelit
o Urmet
o Sensor
• Sundry items such as room safes
SERVICES
• Design, installation and maintenance services offered
• Full on site training for staff
• Full expert advice provided as required either within the showroom, by telephone or e mail
• Extensive stock holding including spares for systems out or production
CUSTOMERS
• Around 60 active customers on the books
• Hotels
• Security companies
SUPPLIERS
• Systems and components supplied/manufactured through a range of trade based suppliers
STAFF
• Vendor
• 1 full time technician
• 1 full time warehouseman
TRADING HOURS
• Office hours Monday to Friday
• Installation and maintenance as customer requirements dictate
FINANCIALS
• Turnover circa £180,000 per annum with gross margin of 45%
• Full accounts from start of trading available upon request
• CCTV work accounts for around 10% to 20% of work undertaken
• Stock holding approximately £25,000
OVERHEADS
Staff £44,389 pa
Rent/Service £7,500 pa
Rates £500 pa
Heat and Power £805 pa
PREMISES
• Small industrial unit extending to approximately 500 square feet
• Office
• Workshop
• WC
• Kitchen area
• Parking
STRENGTHS
• Established nearly 20 years with excellent reputation within the industry
• Very much a point of reference within industry circles
• Substantial depth of expertise held
• Owner of the Status brand
• Approved distributor status for a number of manufacturers
• Loyal and repeat customer base
• Holder of rare stock items
• Manufacturing relationships in place
SCOPE
• Business development activity limited at present to existing customer base
• Very much run at a pace to suit lifestyle of vendor
• Ideal acquisition for company seeking additional customers and markets
• Extension of product range and development of allied markets
• Website development
• Mail order based sales
TENURE
• Leasehold,
• Original Length: 3 years, expiring June 2012
• Rent plus service charge £7,500 per annum
• Business rates £500 per annum
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). | | | | | | FOR SALE | | | | | REFERENCE: | 1008SS / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
