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Manned Guarding Security Business Operating in a Premium Sector

Undisclosed, London
Leasehold Price:
£1,350,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
246163
Reference
CH148 / Rightbiz

Details

Manned Guarding Security Business Operating in a Premium Sector
Ref. CH148
Location : Central London
Asking Price : £1,350,000

Turner Butler has been appointed to invite offers for 100% of the issued share capital of this long time established security business which provides highly trained manned guarding operatives to its blue chip clientele.

Business Profile

The company provides a total security solution for its high profile corporate clientele. Their investment in training and technology ensures continued client satisfaction in an ever adapting industry.

Customer Service:

Client satisfaction is paramount. This is borne out by very long standing relationships with a loyal and trusting customer base.

Key strengths:

The company was founded in 1999 to facilitate a solution for the security needs of this very prominent commercial sector. They select and supply highly trained operatives who are equipped with the skills necessary to ensure delivery of a very professional security function.

Financial performance:

Turnover c.£3,400,000
Gross profit c. 25%
Adjusted net profit c.£346,000

100% of the issued share capital of the company is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Asking Price:

The asking price of £1,350,000 is for 100% of the issued share capital of the company.

The company finances all receivables and net assets at completion will be zero. There will be a £ for £ adjustment to the final sale price to reflect any movement away from this £zero NAV.

Advertising and Marketing:

The company`s long standing professional reputation removes the need for any advertising spend. They regularly tender for new business which is derived organically.

Growth and Expansion:

Internal growth has resulted in the recent acquisition of 3 new large customer contracts. The invoice value for this new business is not reflected in this sales memorandum.

Premises:

The business operates from modern central London offices.

Employees:

There are 9 full time employees managing the day to day running of the business and approximately 250 field based operatives.

Reason for Sale:

The business owner has invested heavily in another project. The project is nearing launch and requires our client’s complete focus.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Seller Details
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Listing Details
Leasehold Price: £1,350,000
Tenure: Leasehold
Sector: Security Businesses
Financials
Annual Turnover: £3,400,000
Annual Net Profit: £346,000
Key Features
  • High Turnover
  • Attractive Business
  • Established Business
  • Company for Sale
Listing Statistics
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