Commercial/Industrial Digital Camera Security System


Commercial/Industrial Digital Camera Security System

Serving Government & Commercial Accounts

REF# 3168





$5,250,000

Other


Detailed Information

Years 2019 2020 2021
Gross Revenues toottip $2,902,868 $3,068,282 $3,294,117
CASH FLOW EBITDA toottip $467,226 $1,108,999 $715,568
Years 2019 2020 2021
Gross Revenues $2,902,868 $3,068,282 $3,294,117
CASH FLOW EBITDA $467,226 $1,108,999 $715,568
Inventory toottip Included $1,160,827
FF&E toottip Included $33,499
Real Estate toottip Not Included
Building Size SF 18,000 Sq. Ft.
No of Employees Owner - 2 / FT - 11 / PT - 1
Established 1993
Inventory toottip
$1,160,827 (Included)
FF&E toottip
$33,499 (Included)
Real Estate toottip
(Not Included)
Building Size SF
18,000 Sq. Ft.
No of Employees
Owner - 2 / FT - 11 / PT - 1
Established
1993
Facilities
1.4 Acres, one building, two 40’ containers.  Real estate is not included in the sale but is available at an additional cost.
Support Training
The Seller will assist in a smooth ownership transition.
Reason for Selling
Health concerns.
Notes
Real Estate is in addition to purchase of business

Business Description

    The Company has manufactured and assembled high quality digital security cameras, mounts and IP Systems for businesses and industries for more than 25 years.  Its founders saw the need for such systems through their prior ownership of car washes, gas stations and laundromats.  Because of this background, its IP products are built to thrive in challenging environments; are completely waterproof (IP67 rated); and can survive temperatures from -40*F to over 150*F.  This has led to an extensive and growing line of security cameras and digital video recorders to accomplish many tasks at all types of remote and unattended sites.  Its security cameras mounting brackets and poles are designed to actively fight any additional sway or vibration that may occur from wind, trains, or other vibration causes.

    In mid-2021, a new market emerged as architects began to realize that the Company’s mounting brackets and poles were far superior to the standard mounts they were specifying on existing light and telephone poles that are made to sway in high winds.  Once the word got out architects began specifying the more stable mounting structures and for the past eight months Company sales have experience a “hockey stick” growth.  For the five months ending May 2022 sales have almost reached the prior year’s total and the growth seems to be sustainable into the future with an adjusted EBITDA expected to exceed $2.0 million in 2022.

    *2020 & 2021 are based on accrual basis.  2019 is based on a cash basis.

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      George Burrell

      George Burrell Kingsley Group


    Your Business Sales, Mergers & Acquisitions Specialist