Ref. No - BFS00260

LocationSouth Africa, South Africa Countrywide

Ref. No - BFS00260

Sector - Sales & Services

Asking Price
R7,000,000
Monthly Profit
R150,000
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 1,800,000

Summary

The security industry in SA has for the last 20 years been in an upward growth trend due to the increase in crime in SA on all community levels including residential/commercial/industrial sectors

Unfortunately this trend will continue due to the economic/geopolitical situation in SA and therefore private security companies will be in demand for many years to come

The owner of these 2 refined and  exclusive businesses (sold as one entity), saw the need in this sector, and has for over 15 years, grown his business into a feasible business adding on new technology through the years, and a new owner can add new technology in the future as the security sector expands into new technology

By providing this service, the clientele through the years have experienced peace of mind where this business has blended in harmoniously with the surroundings and as a result of that, their clients are loyal and long term subscribers to the variety of services offered by this business

The 2 businesses at this stage covers all the necessary elements of a fully fledged security company including but not limited to online monitoring via a centralized centre, onsite installations like gates/fences/tracking systems etc

The only reason for selling is that the owner is venturing into a new business and wont have time to manage both businesses

Give me more information

Is the business VAT Registered?

Yes its VAT registered

The combined financials of the two businesses are as follows-

Annual Turnover R10 million

GP                               70%

NP (EBITDA)          R1,8 million (average over the last 2 years

Selling price R7 million

What is the reason for the sale?

The owner is starting a new business

Location

Contact | Enquire

Ian

Ian van Ravesteyn

LocationSouth Africa, Eastern Cape

Preferred method of contact

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