Get Help Selling Your Business with Our Security Brokerage Firm
Whether you’re looking to sell your entire security business or just a few accounts, our brokerage firm can help.
At Legacy Security Consulting, we want you to feel satisfied and confident entrusting either part of or all of your business to us. That’s why our security brokerage firm does it all, from helping you to assess and build up your business in order to help sell it, to negotiating with potential buyers on your behalf and closing the deal. With us, you’ll have a partner through each and every step of the process.
To start, take our convenient assessment to establish how much your security or alarm company is worth right now, then visit our guide on the initial steps to selling your business. We highly encourage you to contact us when you have finished as well as during any of these steps so that we can help you with any questions or concerns that you may have.
First Step in Selling your Security Alarm Business: Hire a Broker
Whether you are selling your alarm security company or just selling your alarm accounts, there are a lot of variables to consider. Are you ready to retire or change industries? Are you hoping to profit from your accomplishments while remaining in your business? Or perhaps you’re experiencing drastic changes in your circumstances that require a quick exit strategy? Whatever your situation, contacting our broker firm’s security consulting services can provide you with many advantages when taking the steps to sell your business, and connect you with security alarm company buyers that provide a custom fit for your needs. Some of these advantages may include:
- Uncompromising Discretion and Confidentiality
- Highly Competitive Multiples and Valuation
- Favorable Terms and Conditions
- Maximum Cash Distribution or Structured Payments to Minimize Tax Obligations
- Expedited or Scheduled Closings Based Upon Your Exit Strategy
- Special Buyer Programs Allowing You to Cash In and Continue Operating
- Keeping Your Business Name the Same After Selling
- Seamless or Undisclosed Ownership Transfer In the Eyes of Customers and Competitors
As professional brokers, we can assure you the best buyer for your security alarm business based on your individual needs when going through the steps to sell. For some, a private investment group would present you with the most comprehensive offer. For others, the continued goodwill and care of your customers would make a family-owned business a better fit for your security alarm company. Some security alarm business buyers even offer programs purchasing your assets upfront and allowing you to stay in business, earning additional money AFTER the sale. Whatever your expectations and individual needs may be when selling your business, Legacy Consulting brokers can help you meet them. Get started by finding out how much your alarm company is worth with our free assessment.
Experienced Security Alarm Business Brokers
With our extensive security alarm company broker experience, confidential relationships, and exclusive marketing techniques, we will provide you with the highest price and most qualified alarm company buyers. All of our brokers have personally founded, bought and sold security alarm companies themselves and been in the security alarm industry for their entire career. They have personal experience from all sides of this industry and will guide you through each step during the complex sale of your security alarm business. We will professionally handle all of your negotiations while preparing and keeping you well-informed through this entire process.
This may be the first and only time you will ever sell your security alarm company. Most buyers have extensive experience in this area and know how to get the best deal for themselves. Having a Legacy Consulting security alarm company broker represent your sale will immediately give you the advantage of decades of experience to negotiate the best terms for you.
Second Step in Selling your Security Alarm Business: Maximize Your Value
Even if you aren’t ready to sell your security alarm business today, you should start positioning your security alarm company now for a premium sale price in the future. As expert business brokers, we understand the characteristics and expectations required to realize the maximum selling price. Here are a few of the most basic things you can start doing right now to enhance your value:
A Designated Phone Line
Not having your own designated phone line for your accounts is more than just a burden to bear at closing time. It affects your bottom line! Many times we have seen buyers use this one point to talk a seller down. Unfortunately, it is a fair point. If a new buyer has to physically reprogram and transfer each of your accounts to a new phone line they may charge up to $250 per account for their time and labor. Taking care of this now will save you a huge headache in the future.
Diversify Your Account Base
Your sales staff may have an edge with the commercial market. However, security business buyers are looking for strong companies that have a healthy mix of both residential and commercial accounts. They are also looking for companies that provide burglar and fire systems. Don’t pigeonhole yourself into one area of the industry. Now is the time to train your sales staff to market all these areas of interest.
Strong Existing Sales
If your company has a strong sales history, that is a big indicator to a potential buyer that they could be the lucky benefactor of your success. As a rule, a prosperous security alarm company will generate almost twice as much in new sales and service as they do in monitoring revenue.
Get Your House In Order
Financially speaking that is. Buyers know they are getting a great company when the seller is producing and evaluating financial statements on a regular basis and keeping all records up to date. Staying on top of your receivables is also critically important because many buyers will not purchase accounts in arrears.
Don’t underestimate the monetary value of maintaining good service records and keeping them current. Your installation, service, and preventative maintenance departments should all be run with a solid history and profitability. Finally, it’s also important that your systems comply with UL, NFPA, and trade customs standards accordingly. As well as keeping the base of your company in the same geographical area as much as logistically possible.
Opportunities for aquiring security and fire alarm companies for sale continue to fluctuate. Because of confidentiality concerns we are unable to provide a traditional format in which we can list all available security businesses for sale. Let us know which regions you are intending to expand and we will connect you with all active security alarm business listings in those areas.
Please fill out our form and we will contact you shortly. You can also reach us by calling (800) 755-9243