ID# 07201
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Gate & Security Systems
Primary Category: Services
Asking: $1,625,500
Gross: $1,789,000
Cash Flow: $464,430
Furniture, Fixtures & Equipment: Included
Inventory: $50,000
Summary Description
This gate company has been serving the Southern California market for many years and has a well-established reputation for high quality electronic and automatic gate control systems. The Company employees are experts in designing, building, installing, preventive maintenance, routine maintenance and repairs of their own gates, in addition to the gates and access systems provided by other companies. The target markets for their products include homeowners, homeowner associations, apartment complexes, commercial, industrial and other organizations. Approximately 80% of all new business comes by referral from a large base of business that includes hundreds of customers.
This company has been a consistent performer with increased sales year after year. They had a 26% increase in sales from 2006 to 2007. With the intense need for greater protection and homeland security, the market continues to increase in size. Due to customization and a service orientation, this is a product that cannot be manufactured in China or other countries.
Disclaimer: Information has been provided by the sellers. Broker has not verified this information makes no representation or warranties as to its accuracy. Prospective buyer(s) should rely upon their own verification and that of their financial and legal advisors for this information
General Information
Year Established: 1990
Employees: 15
About the Sale
Support/Training:
8 weeks at 20 hours per week
Reason Selling: Retirement
Contact Information
Contact: Mike Mesenbrink
Phone: 714-255-8862 or (949)678-7788
Email: Mike@plethorabusinesses.com
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