Melinda Hubbard
Atlanta Metro Area
39128601
Services: Professional
$750,000
1996
23
$1,154,079
$205,612
$NA
Not Disclosed
$NA
Not Disclosed
Not Disclosed
Reason for Selling:
Wants to retire.
Overview of the Business:
This 8(a) business has increased revenues by 250% in the last 4 years and is expected to increase again in 2010. Current cash flow was affected by the economy but is improving along with revenues. The security industry is projected to continue its high growth trend as the need to protect people, property and capital assets becomes increasingly necessary. Owner has spent the last 2 years forming strategic alliances and lobbying in Washington to fill the sales pipeline for the future. Owner will accept a sales price based on prior cash flow plus an earnout for future earnings. Owner is willing to continue in a sales capacity and retain a 51% ownership to keep the 8(a) status.
Property Features and Assets:
Beautiful offices located conveniently inside I-285. Seller will offer ample training and support as long as desired. Financing: Owner will accept an earnout for future sales.
Market Competition and Expansion:
Competition: Market is wide open. Security has become a major concern since 9/11 and Columbine.
Growth and Expansion: Growth should be steep as the economy recovers. Commercial, industrial, governmental and law enforcement facilities, medical, academic and financial institutions are all expected to provide security.
Additional Details: