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Strong & Stable Security Guard Company

Name: Strong & Stable Security Guard Company
Price range: $$

Listing

1662

SOLD!

Multi-year contracts ensure consistent revenue each year

Worcester County, Massachusetts

Revenue

$1,911,717

Cash Flow

$203,851

Asking Price

$575,000

Business Description

Security services is a $39.1 billion industry in the U.S. An increase in per capita income over the last five years has led to businesses allocating more towards security to protect their stores and properties. That coupled with the rising trend of outsourcing public security functions to private companies, particularly for the protection of federal, state, and municipal buildings, has provided a big boost for security service firms.

A longstanding security guard company with a stellar reputation is available for sale. The business maintains many long-term clients, including medical facilities, schools, and several multi-unit residential properties, and is well-regarded by state agencies for working in partnership with local law enforcement as needed. Their multi-year contracts also ensure consistent revenue year over year.

Growth Expansion and Opportunities

According to industry experts, the demand for round-the-clock security services has remained strong, and there is growing opportunity for security services in grocery stores, malls, and commercial buildings. This provides a new owner with an opportunity to expand the business by securing contracts within these sectors and redeploying officers where demand for security services is greatest. Additionally, with schools reopening, current contracts will yield an additional $15K per month in revenue for the company.

Support & Training

The sellers will provide necessary training and support to ensure a smooth transition.

Broker

Sarah Grossman

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