Sydney Security Technology Business For Sale Established 1984.
Sydney Security Technology Business For Sale – A security technology business based at Ryde in Sydney is for sale asking $A360,000 + SAV.
According to the broker, this business has been established for over 40 years with an exceptional reputation for quality and service within the safety, security technology areas within the automotive and transport industries.
The numbers look strong, with annual revenues of $695,000 and net profit of $250,000. The business is currently on a monthly lease, however, a formal long term lease is on offer from the landlord and the business is easily relocatable.
According to the retiring sellers, the business has unlimited potential as there has been ongoing product development to keep in line with technology – the current owners have not marketed the business or its products and services for some time, presently servicing primarily existing customers
There are skilled technical staff in place and the new owner would essentially assume the role of GM, focusing on the day to day running of the business – or the business could run adjacent to an existing security integration company as a new division.
The business operates within the safety/security product and service areas largely focusing on the automotive and transport industries with product ranges such as vehicle tracking systems, video recording – mobile, mirror/Monitor/GPS, cameras, sensor aids and car alarm systems.
You can learn more from the broker here or read more SEN news here.
“Sydney Security Technology Business For Sale Established 1984.”
Has anyone heard from Les Simmonds latley? He seems to have moved on
Not sure, Ian. Hopefully he’s at the beach somewhere. Will check and get back.