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Sun, Nov 27 2022 07:46:06 AM  |  /

Independent Premier Security Company Providing Expert Security Event Manned Guarding, Mobi

Business Id:000811     |    Reference: CH147
Leasehold Price:
£275,000.00
Business Description

 

 

Business Profile:

Established in 2015, this security company is proud to provide a complete range of quality security services, including the provision of security manned event guarding, mobile patrols and key holding. Services are provided for private clients and contracts are in place for a variety of commercial group events. These services are provided by a team of fully trained security personnel.

Services include;

  • Guarding Services (Access control)
  • Event Security
  • Mobile patrols
  • Close protection
  • Covert and Overt Surveillance

This is a privately owned company offering modern security solutions throughout Essex and London. The directors have many years of experience and have established a professional company following local demand for a sound, reputable business offering security services. It has now established an excellent reputation for both its services and for the professionalism in which it operates.

Experienced in providing security guard services to a range of industries, the business has gained extensive knowledge and expertise and is highly sought after. This is due to its flexibility of service provision and immediate response to client’s needs.

The infrastructure is in place to make this opportunity an easy fit within an existing business wishing to expand its operations, or alternatively for an individual buyer looking for an established company with future potential. 

Quality Assurance:

The business employs very high working standards and are a Highfield Training Centre.

Customer Service:

This business provides a quality service that exceeds expectation, providing vital expertise to its clients it has established a firm reputation for excellent service based on reliability, honesty and integrity.

Key Strengths:

The business has an excellent reputation and is highly successful. There is an admirable complement of trained licensed staff, both full and part time, who have worked with the business for considerable periods of time.

The business is a Pearson Training Centre and is able to deliver Door Supervisors and Close Protection courses.

Offering a first class service this security company provides security protection for many private clients and high profile events using quality manned guarding and security technology and as such is in constant demand for its services.

Key Opportunities:

This business has barely scratched the surface when considering the potential demand for its services. There is the prospect of fully expanding the current business relationships and exploring new business opportunities, which should increase sales to new and existing customers.

With an excellent infrastructure already in place this business is superbly placed to leverage the excellent reputation it has built up with the consequent impact on profits.

The security market within the UK has experienced large growth over recent years and this trend is expected to continue. The area this business operates in is busy and highly populated that bodes well for the future prosperity of this company.

Advertising and Marketing:

To date, little has been spent on advertising so any investment in marketing should attract additional interest and enquiries going forward.

There is a professional and descriptive website show-casing the security services, which along with word of mouth recommendations has earned the company an impressive base of satisfied repeat contracts and clientele. All the necessary accreditations and approvals are held to provide complete security solutions.

Additional advertising and investment could lead to more opportunities for future growth. 

Employees:

The security workforce are all supported by the latest technology and are highly competent and fully trained to the highest standards. In line with current legislation all staff are vetted to British standard (BS 7858).

The business employs two part-time directors and 19 full time licensed SIA approved guards and 26 part-time SIA approved guards.

The two shareholder-owners work part-time in the business and could be replaced by a full-time general manager at a cost of c£45,000. These costs have been made to arrive at the adjusted EBITDA of £91,000.

Premises:

The business rents an office that has two offices, kitchen, toilets, break out room, training room and parking for around 15/20 vehicles.

 

The rent is £1,000 per month and is leased until Sept 2025 with a break clause which needs to issued 6 months prior to 1 Sept 2023.

 

Financial Information:

The business 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.

In YE May 2022 the turnover was £919,876 Gross Profit was £500,134 and EBITDA after allowing £45,000 for a new general manager was c£91,000.

Net Assets c£3,000

Reason for Sale:

The vendors wish to pursue other interests

Support and Training:

The vendors are happy to provide support and training to ensure a smooth handover of the business. This is not envisaged to be a lengthy process.

 Asking Price:

The Asking Price for 100% of the issued capital of the company is £275,000 assuming Net assets at completion of c£3,000 calculated on a zero cash zero debt basis. There will be a £ for £ increase/reduction in the sale price to reflect any movement away from this figure.

 

 
Business Information
Turnover:£920,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Alarm Security Businesses, Security
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
Last Enquiry Made:
Business Profile
Equipment: na
Key strengths: The business has an excellent reputation and is highly successful. There is an admirable complement of trained licensed staff, both full and part time, who have worked with the business for considerable periods of time. The business is a Pearson Training Centre and is able to deliver Door Supervisors and Close Protection courses. Offering a first class service this security company provides security protection for many private clients and high profile events using quality manned guarding and security technology and as such is in constant demand for its services.
Key Opportunities: This business has barely scratched the surface when considering the potential demand for its services. There is the prospect of fully expanding the current business relationships and exploring new business opportunities, which should increase sales to new and existing customers. With an excellent infrastructure already in place this business is superbly placed to leverage the excellent reputation it has built up with the consequent impact on profits. The security market within the UK has experienced large growth over recent years and this trend is expected to continue. The area this business operates in is busy and highly populated that bodes well for the future prosperity of this company.
Financial performance: The business 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. In YE May 2022 the turnover was £919,876 Gross Profit was £500,134 and EBITDA after allowing £45,000 for a new general manager was c£91,000. Net Assets c£3,000
Asking Price: 275000
Advertising and Marketing: To date, little has been spent on advertising so any investment in marketing should attract additional interest and enquiries going forward. There is a professional and descriptive website show-casing the security services, which along with word of mouth recommendations has earned the company an impressive base of satisfied repeat contracts and clientele. All the necessary accreditations and approvals are held to provide complete security solutions. Additional advertising and investment could lead to more opportunities for future growth.
Growth and Expansion: na
Premises: The business rents an office that has two offices, kitchen, toilets, break out room, training room and parking for around 15/20 vehicles. The rent is £1,000 per month and is leased until Sept 2025 with a break clause which needs to issued 6 months prior to 1 Sept 2023.
Business Hours: na
Employees: The security workforce are all supported by the latest technology and are highly competent and fully trained to the highest standards. In line with current legislation all staff are vetted to British standard (BS 7858). The business employs two part-time
Support and Training: The vendors are happy to provide support and training to ensure a smooth handover of the business. This is not envisaged to be a lengthy process.

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