Profitable Established Security Company in Gauteng
About this business for saleProfitable Established Security Company in Gauteng
An established, reputable and profitable security business based in central Gauteng for sale. Business is being operated from rented premises.
Established for more than a decade it has a sound customer base and a good reputation with good referrals. It is ideally suited to service and focus on the medium to smaller lucrative corporate market. The business is providing their clients with the full range of services - Control of Pedestrians (Entrance & Exit),Undercover Services, patrolling, Identifying odd suspects, Armed Escorting ,Installation of Alarms and Electrical Fencing , Site Survey and Auditing, Polygraphing, Monitoring & Armed Response, etc The business fully complies and adheres to the LRA and Securities Officers Act. They set very high standards for themselves, supervisors and the guards of +- 50.
The business will suit someone who wants to work in the business and can be hands-on with the day-to-day running of the business. The business can also easily be incorporated into a similar service business to achieve growth and synergies.
Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation) based on historical trading amounts to R80,000 pm. The price of R1,520m includes assets to the value of +- R310,000 consisting of 3 vehicles and other miscellaneous assets.
The reason for the owner wanting to sell is that the owner has come across an opportunity to establish a small business in the Western Cape.