Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Profitable Approved Events Security Company Uk Coverage

LISTING DETAILS
Firms For Sale ID:
34519
Vendor reference:
CH142
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£119,000  
Turnover / revenue:
£317,372
Net profit / cashflow:
£22,071
Years established:
5
Number of employees:
82
Employees / staffing:
There are two Managing Directors, one HR person and one operations manager. 80 permanent part time with a mixture of full time security operatives are employed.

OTHER DETAILS
Reason for selling:
The vendor is looking at new ventures for the future.
Support and training:
The owner is happy to provide support and training for a negotiated period of time to ensure a smooth transition of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The leasehold premises are held on a rolling lease with annual rent of GBP9,600 per annum with rates inclusive. The secure premises comprise of an office , kitchen and bathroom.
 
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BUSINESS DESCRIPTION
Profitable Approved Events Security Company UK Coverage
Ref. CH142
Location : London
Asking Price : GBP119000
Established in 2011, this business is a fast growing events security company. The business was set up as a result of significant local demand for a professional, reputable business offering security services across the UK and has now rapidly grown by establishing an excellent reputation for its range of services and the professionalism with which it operates.
The business processes and staff responsibilities are modified for clients to provide a level of protection that is satisfactory to their requirements.
The solutions this business provides is a wide range of services including
Event Security
Hotel Security
Construction Security
Warehouse Security
Night Club Security
CCTV
Retail Security
Bar Security
Front of House/Concierge
This business prides itself on its very high standards of performance and particularly in not letting its clients down. All staff are SIA trained and wear very smart uniforms. The business itself is particularly well renowned for being flexible and responsive.
This business is strongly represented throughout the UK and is continuously adding new clients to its very impressive customer base of event management companies. Turnover is circa GBP317,372 per annum and in addition events already booked for this year will generate an additional revenue of GBP25k with an additional net profit of GBP4 5K. In addition to this the business has also recently obtained 3 additional new contracts. All this means excellent future growth opportunities and makes this an attractive investment opportunity.
Continuous investment has been made in order to improve the services that are provided with part of this process being that all staff are vetted to BS 7858 standards and received regular training updates to inspire confidence with staff and clients.

Expansion Potential
With a strong demand for the services of this business, combined with a capacity to increase turnover, a new owner contributing fresh ideas, will have every advantage of building on this excellent platform.

With little competition in the area, this business has barely scratched the surface when considering the potential demand for its services. Re adjusting staffing to put security men and women on a self-employed basis could benefit profitability. With an excellent infrastructure already developed the business is superbly placed to leverage the excellent reputation it has built up to consolidate its presence in the geographical areas in which it is currently well represented as well as expanding its operations more widely with a consequent impact on overheads.

Market / Competition / Non-Competition Agreements
Additional investment in marketing could certainly benefit the business in the future. There is professional website that performs well on major search engines and showcases the business services.