Security, Access Control, Monitoring Business for Sale
VOIP, Internet and Audio-Visual Services; Auckland – Relocatable
$638,000 (+ GST if any) - Auckland
This well-established home-based business operates across the country and provides a range of services to its established and loyal customer base. The business is owner operated with no staff. It only uses contractors where and when needed. This could be a great opportunity for an existing operator to merge the extra revenue into their operation or for a technically minded person to take a step into business ownership.
Their core services are:
- Security (CCTV, Access Control, Alarms, Duress)
- Fibre Internet and VOIP Lines
- Alarm Monitoring
- IT (Networking, WiFi, Routers, PCs, Servers)
- Audio Visual (Sound, TVs)
The business also acts as a reseller and generates recurring income from:
- Office 365
- Alarm Monitoring
- Internet/VOIP
- Anti-Virus (ESET Protect)
- Domains
- Web Hosting
The majority of customers are currently concentrated in a very specific niche sector. However, the business has diversified out of this sector and supports SMEs in professional services, hospitality and to some degree the residential consumer market.
Over the years, the baseline performance of the business has been strong and, in many cases, growing. In FY22 and FY21, larger projects resulted in higher trading income. This is an ongoing aspect of the business and we have been advised that hardware fitouts need to be upgraded every 5 years or so. A summary of the performance at EBPITDA level is FY21 - $249,000, FY22 - $294,000, FY23 - $188,000, and Forecast FY24 – 192,000.
Confidentiality
Due to the nature of the market and to avoid any potential conflict of interest, our client will on a case-by-case basis approve the distribution of the initial Information Memorandum to interested parties who have completed the relevant confidentiality documentation.
Net Surplus: $192,000 (EBPITDA F/C FY24)
EBPITDA - Earnings Before Proprietor Income, Interest, Tax, Depreciation and Amortisation.