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Semi Absentee Owned Northern Californian Video Surveillance Company - SC2168
This Northern California based video surveillance company is a California Sole Proprietorship that was formed 24 years ago and has been under current ownership since inception. This business focuses on security monitoring mainly for car dealerships. They provide video surveillance services from 10pm to 6am for 7 days a week and currently have approximately 15 clients and have been as high as approximately 20 clients. While they specialize in car dealerships, this business can be expanded into industrial and other areas. They provide camera systems and setup as an initial sale, and then offer a subscription service for monitoring. Their contracts are one year at the front end and then month to month thereafter. Almost all of the revenue is ongoing subscription monitoring service.
Financial Information
- Asking Price: $325,000
- Cash Flow: $80,000
- Gross Revenue: $300,000
- Down Payment: $175,000
- Financing: Yes
Business Location
City: Northern California
State: California
Financing Comments
Seller financing for up to $150,000 is available over 3 years at 8% interest. The amount financed will be dependent on offered purchase price and quality of Buyer.
Reason for Sale
The Seller is selling to retire.
Detailed information
Year Established: 2002
Home Based: No
Franchise: No
Relocatable: Yes
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 3
Contractors: N/A
Owner Worked Hours/w: 20
Adjusted EBITDA: $80,000
Inventory Included: Yes
Inventory Value: $8,000
Monthly Rent: $750
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 374
FF&E Included?: Yes
FF&E Value: $4,000
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.
Market Outlook/Competition
The global video surveillance market was valued at $61.8 billion in 2022, and is projected to reach $204.5 billion by 2032, growing at a CAGR of 12.8% from 2023 to 2032. A video surveillance system is a security system that captures images and videos, which can be compressed, stored, or sent over communication networks. Digital video surveillance systems can be used in nearly any environmentt.
CA 02100708
NV 1003039
Listed By: Charise Morojo
Background information
Reference:
SC2168
Year established:
2002
Reason selling:
The Seller is selling to retire.
Finance
Sales:
$300,000
Profits:
$80,000
Operations
Employees:
Full-Time Employees: 1 Part-Time Employees: 3 Contractors: N/A
Equipment:
FF&E Included?: Yes FF&E Value: $4,000
Inventory:
Inventory Included: Yes Inventory Value: $8,000
Furniture fixtures and equipment:
FF&E Included?: Yes FF&E Value: $4,000
Premises
Square footage:
374
Rent and lease terms:
Monthly Rent: $750
Location:
City: Northern California State: California
Opportunities
Growth:
The global video surveillance market was valued at $61.8 billion in 2022, and is projected to reach $204.5 billion by 2032, growing at a CAGR of 12.8% from 2023 to 2032.
Market:
The global video surveillance market was valued at $61.8 billion in 2022, and is projected to reach $204.5 billion by 2032, growing at a CAGR of 12.8% from 2023 to 2032. A video surveillance system is a security system that captures images and videos, which can be compressed, stored, or sent over communication networks. Digital video surveillance systems can be used in nearly any environment.
Price and terms
Price:
$325,000
Down payment:
$175,000
Financing:
Seller financing for up to $150,000 is available over 3 years at 8% interest. The amount financed will be dependent on offered purchase price and quality of Buyer.
Training:
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.