Nationwide Security Services Business (“The Company”) – Business Sold

Description

Business Opportunity

Businesses and assets of a significant security services business.

The Company provide static guarding, keyholding, mobile response, and alarm response services across the North West of England.

The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Breal Asset Valuations as appointed agent on behalf of the Vendor.

 

Business Overview

  • Security Services Business;
  • Established client base including major infrastructure projects;
  • Turnover (full year to 31/12/16) £8,087,000 & (11 months 30/11/17) £6,081,000;
  • Rolling agreements with clients providing recurring revenues;
  • Vehicle Fleet (subject to finance);
  • Leasehold Premises;

 

High Level Financial Information

Draft Financial Statements For:

12 months to 31 December 2016

Turnover: £8,087,000

Net Profit/(Loss): (£392,120)

11 months to 30 November 2017

Turnover: £6,081,000

Net Profit/(Loss): (£235,533)

 

Assets Available for Sale

  • Unencumbered Office Furniture & IT Equipment;
  • Ongoing Contracts & Projects;
  • Work-In-Progress;
  • Customer Data;
  • Goodwill & Business;

 

Location

North West, UK.

 

Deadline for Offers

Indicative offers no later than 12 noon on Wednesday 10 January 2018, all offers to be supported by proof of funds.

For further information please contact Chris Eckersley on 0161 359 4332 or at chris@brealasset.com

 

Sector

Security Services

Turnover

£8.1m

Category

Business For Sale

Location

North West, UK.
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