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| You have accessed this listing information from the VR National database through: | The participating listing VR Business Broker Office is: |
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VR Business Brokers - Newport Beach, CA 1300 Bristol Street North Suite 230 Newport Beach, CA 92660-2745 (949) 752-9700 www.vrnewport.com ghines@vrnewport.com |
VR Business Brokers - Pasadena, CA 600 South Lake Ave. Suite 507 Pasadena, CA 91106 (714) 375-7175 x 301 www.vr-bsma.com cathyv@vr-bsma.com |
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Business Listing Details |
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LISTING#: |
H1100: Security Services Specialized Security Guard Service |
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LOCATION: Los Angeles Area |
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ASKING PRICE $495,000 |
AMOUNT DOWN $495,000 |
REVENUES: $697,936 |
DISCRETIONARY EARNINGS $226,690 |
TOTAL ASSETS |
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| This company specializes in providing un-armed security guard services to the film & television industry. Its customers are all the major studios needing security for production of top rated TV shows and films. The company has approx. 50 guards (1099) a full time manager that handles scheduling & gen. office needs who will stay on. This business is proven to be resistant to a down economy as the entertainment industry continues to flourish. This is a niche business with little competition. The owner works approx. 20 hrs per week doing client mgt. & acctg. Little working capital is needed as there are no receivables – the studios pay weekly. No marking is done since the company has a solid reputation and all business is repeat clients & referrals. New owner could easily grow this business with a marketing plan to reach more entertainment industry people and expansion into other security fields. This business can be relocated anywhere in the Los Angeles area and can be home –based. Easy to learn & operate this is a great opportunity for an entrepreneur that likes working with people in an exciting environment and a great opportunity to expand any business already in security or the entertainment industry. Sales are up over last year same period. Seller will help Buyer obtain state license. Seller will train for 30 days and consult for a year. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |