Sydney/Home & Commercial Alarm Systems/Recurring Income Potential/Good Customers

9 days ago

Private Seller

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Summary

Established residential and commercial electronic security systems business with ongoing recurring revenue. National coverage & good customer base. Simple business with very low operational costs.

Revenue

$2,500 pa

Rent

$0 pa

Expenses

$1,200 pa

Net Profit

$1,300 pa

Location Details

Norwest
Located in the Norwest area of Sydney, can support customers nationally from small home office location. Installations simple with wireless solutions using mobile APP, ongoing subscriptions charges & recurring revenue. Number of current accounts.

Potential

Current customer base to expand on to increase yearly recurring revenue. Strong marketing with eCommerce web site. Unlimited potential by adding additional accounts for ongoing subscription recurring revenue. Over $80,000 worth of marketing development including all logos, banners, modules, business stationary. Full security licence, insurance, web site, emails and other established business costs. Can grow to unlimited customer base locally or nationally. Opportunites for both commercial and residential sectors.

Skills

Simple skill set required to be able to provide installation and support of wireless alarm solutions. Training included in sale of the business. Full web site included for support for customers and ongoing marketing assistance.

Hours

Unlimited, can work a few hours a week or 60 hours a week. Flexible working hours depending on speed to grow business.

Lease

No lease required.

Employees

No employees included in the sale of this business. This business can operate with a single employee of additional employees to build to a larger business.

Reason for Sale

This business is for sale as owner is currently working in the IT sector with a full time management position. Originally set up as a company to generate ongoing recurring revenue selling commercial and residential security systems self monitored using an APP on mobile devices. Owner has spent considerable amount of funds to establish the business with marketing development, stock holding and general business costs. Relationship with key builders and a customer base of over 60 customers.

About the Business

* Products and services include installation of wireless security systems for commercial and residential properties.
* Customers are currently residential accounts
* The business is unique as security systems can be expanded to offer the most flexible and affordable home automation systems including lighting control, video surveillance, access control and scheduling.
* The potential to grow unlimited accounts and build on the recurring revenue, makes the business a solid investment for a potential future aquisition or joint venture sale.
* Includes $8,000 to $10,000 of new saleable stock.

History

This business was established in 2016 as a steady growing business building on customer accounts generated through key builders.

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