Summary: 
Banks, jewelers, hospitals, and more utilize the services of this 15 year old business
Business Type: 
other businesses
Location: 
Nebraska
Price: 
$240,000
Sales Revenue: 
$298,358
Cash Flow: 
$107,224
Realestate Included: 
No
Employees: 
2
Internal Listing:: 
SER021
Reason for Sale: 
New Business Ventures

Description
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.

Financial Overview
List Price: $240,000
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: $7,000
Office Furniture & Ladders: $7,000

*amounts may vary

Business Information
Year Established: 2000
Location and Service Area: Omaha with clients throughout the Midwest
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
Reason for Selling: New Business Ventures
Employees: 2 (1 service and 1 PT bookkeeper) and several installation subcontractors
Seller Training Period: 30 Days Post-Close
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.

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

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