List Price: $295K

Profitable Security Supply & Installation

Sold - Metro Vancouver List Price: $295K

Gross Sales (2021): $503k
Adjusted Net Income: $176K
Assets Included in Purchase Price: $20K

Excellent opportunity to purchase this very successful and profitable security equipment design and installation business. Located in metro Vancouver, this company has been operating since 2007 and incorporated in 2017. It has earned multiple 5-star reviews and has become one of the top-rated security equipment providers in the region and is poised for continued growth due to its strong reputation.

The business provides a range of security related options that include CCTV cameras, access controls and intercom products to many types of businesses and strata corporations. The company has developed many key contracts with various property management firms and government agencies for its products and services. To date, it has successfully installed security equipment to over 50 buildings throughout the lower mainland. The company has been awarded several future contracts that extend into 2023 ensuring a base of future revenue to new owner.

No industry experience is required and the seller will provide full training. The seller does participate in the installation of low-voltage cabling and device mounting so a buyer should be comfortable in working with their hands. The business has one full-time technician and a list of subcontractors for larger projects.

Please note that a new owner of this business will need to obtain a Security Business License issued by the BC Government. It is a relatively easy license to obtain however it does require the applicant to have a clean legal abstract (no current or previous convictions). The seller is prepared to offer up to $25K of seller financing to a qualified buyer prospect.