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Asking Price$240,000
Revenue$298,358 Established2000
Cash Flow$107,224 Employees1 full, 1 part
FF&E$7,000* FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Banks, jewelers, hospitals, and several other business types utilize the services of this 15 year old business for financial and security equipment. The business serves a client base throughout the Midwest. Services provided are divided into banking products (including ATMs, vault and vault doors, safe deposit boxes, bullet-proof glass, security windows and pneumatic tube systems for drive ups) and security systems (including camera surveillance, access control and alarms).

Clients can choose from pre-designed or custom-made units to meet individual need. Relationships with a variety of manufacturers allow for the creation of packages with the best equipment from each line, while competitors may be restricted to a single vendor line.

Owner responsibilities include sales and technical assistance. Seller is not working full time on the business. Two part time employees (1 service person and 1 bookkeeper) are in place. Installations are subcontracted out.

Cash flow has increased year over year with a 2014 profit margin of 36%. With the initial investment of $24,000; a Buyer would have a 243% Return on Investment in year one after all expenses were paid.

Reason for Selling: New Business Ventures
Personnel: 2 (1 service and 1 PT bookkeeper) and several installation subcontractors
Hours: M-F 8-5
History: 2000
Support to Buyer: 30 Day Transition and 20% Seller Financing
Additional Information:

Services: Banking products (including ATMS, vault and vault doors, safe deposit boxes, bullet-proof glass, security windows, and pneumatic tube systems for drive ups) and electronic security systems (including camera surveillance, access control, alarms)

Clients: Include financial institutions, jewelry stores, hospitals, utility companies

Growth Opportunities: Additional sales/marketing efforts for new client opportunities. The Business currently gains additional sales via existing clients or word of mouth.

Current Owner’s Responsibilities: Sales and technical assistance, although the Seller is not working full time on the business.

Financial Overview
Gross Sales
2014: $298,358
2013: $224,572

Owner Profit/Cash Flow
2014: $107,224

Growth/Sales Trends: 24% increase in Gross Sales from 2013 to 2014!

Profit Margin: 36%

Multiple: 2.9

Fair Market Value: $310,950 - There is a price reduction of $70,950 to a Buyer due to the Seller’s desire to sell and begin his next venture

Assets Included in Purchase:
Office Furniture & Ladders: $7,000
*amounts may vary

Funding Example
Purchase Price: $240,000
10% Buyer Down Payment: $24,000
20% Seller Financing: $48,000
70% Bank Loan: $168,000

This would have the ability to go SBA Express which is quicker and less expensive for a Buyer!
Facilities:Location and Service Area: Omaha with clients throughout the Midwest
Growth Potential:Additional sales/marketing efforts for new client opportunities. The Business currently gains additional sales via existing clients or word of mouth.
Training/Support:30 Days Post-Close
Seller Financing:20% Seller Financing: $48,000
Sale Reason:New Business Ventures
Ad #78532
Seller Reference #SER021
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Cortney Sells
The Firm Business Brokerage
402.998.5288
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