Details - Information last confirmed on April 25, 2021
From Seller: The firm was created with the intent of providing professional security consulting services that would exceed all client expectations. I believe we have been successful in obtaining that objective. There is an interest in finding a company-acquirer that can provide the same or greater level of professionalism, expertise, and service to an existing client base that resides in the Fortune 50. Annual revenue in 2018 reached $1M (35% increase from the previous year) due to increased project volume, expanded scope requests, and fixed-fee based service rates—an example of successful organic growth. This process can take from six months to twelve months depending on the size of the project and ranges from $50,000 to $600,000. Further, the sharp increase in Owner’s Cash Flow from 2019 to 2020 is the result of handling more installation supervision directly, rather than farming out the work to third-party subcontractors. The current project dashboard consists of more than 75 projects with an average minimum of 50 projects at any given time. There are 5 project consultants who are located throughout the U.S. in strategic locations including California, Texas, and Florida. Project managers are bound by a non-disclosure and subcontract agreement. Client relationships are well-maintained through continued face-to-face meetings and project survey tools to measure our success.
Support & Training: The Seller will familiarize and train a buyer with all aspects of the business for a period of 30 days, on a full-time basis, without pay. Thereafter, the Seller believes he will be needed for the better part of a year to ensure appropriate training and success of an acquirer.
Reason for Selling: Retirement
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