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Outstanding Security Business with Excellent Profits

Price:
Leasehold - £900,000
Turnover:
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Seller Ref:
9664B
Location:

West Midlands

Business Type:

Service Businesses

See Other:
Security businesses for sale in West Midlands
Service businesses for sale in West Midlands
Description:
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.

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 concern’s local involvement



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.
Location Details:
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
Trading Hours:
Mon-Fri: 10am – 5pm Plus staff on call if required
Accommodation:
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
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Business Documents:
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