The Company is a regional security guard services company providing armed and unarmed security guard services. The Company is seeking a transaction that will allow the company to continue to grow and service existing contracts while providing liquidity for the owner that will facilitate a retirement from the business. This is an ideal add-on candidate for a firm that offers similar services and is seeking to expand into this region or for any buyer seeking to enter the industry with a turn-key operation. The Company offers both armed and unarmed security guard services to protect important government, industrial and commercial facilities throughout its region. Services are provided to a range of high profile clients located in the Pacific Northwest who retain the company under long-term contracts. The Company has been in business for over 35 years and has developed a well-deserved reputation as the best security guard service in the region. Throughout its history the Company has been known as an industry leader that sets a standard for professionalism. The Company's philosophy is focused on customer service and providing employees a good place to work, live and grow with the Company. Employees and customers are both treated well. Company success has been achieved with very little marketing effort until an effort was undertaken in 2015 to add more commercial customers. The Company has a distinguished record of performance for federal, state and local government agencies, utilities, manufacturing firms, airports and others located throughout its region. The Company is classified in NAICS 561612 Security Guard and Patrol Services. It operates from well-situated facilities strategically located to serve communities in the region. It has a well-maintained fleet of vehicles and all necessary equipment to meet client needs. The Company has loyal, well-trained staff many of whom have been with the Company for many years. Company sales have ranged from $5.0 to $8.1 million in the last 5 years. At the same time Seller's Discretionary Earnings (SDE) has ranged from $383 thousand to $497 thousand. Key Considerations: *A growing industry that is essentially recession-proof *One of the top companies providing these services in the region *Strong customer relations – satisfied customers and a brand recognized throughout the region *Long term contracts are typical - lasting as long as 5 years with renewal options *Excellent employee training program and detailed company procedures *A reputation for integrity – trusted to get the job done right, safely, on time, on budget *Premier customer list – government, utilities, manufacturing firms, etc. *Strong management team and well trained, experienced and motivated employees *High quality, well-maintained equipment *Flexible scheduling, technology and strong staff support allows current owner to maintain limited office hours, typically 3 days per week, and allows extended vacations.

Company occupies a modern 3700 square foot office building that was remodeled for this business. That facility is owned independently by the business owner and leased to the business. The company also leases a small operational office in a remote location to serve a certain customer. The company has a well-maintained fleet of patrol vehicles and all necessary duty gear.

Posted Jun 1, 2016

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