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Profitable Manpower Security Company Seeking Loan in Colfax, United States

Physical security service provider with 5 contracts and a member of the Chamber of Commerce.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 438 thousand
EBITDA Margin 30 %
Industries Manpower Security
Locations  Colfax
Local Time 2:07 PM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 150 thousand for 11.5% annual interest, 8 years (Native Currency: USD 150,000)
Reason: We want to take on more contracts and expand the team size. We can provide a collateral on the loan ... View More
Collateral Available: USD 0
Includes physical assets worth USD 35 thousand
Business Overview

- Provide physical security and asset protection services.

- Have five corporate and retail clients within the central United States at multiple locations currently.

- We are also a member of the Chamber of Commerce.

- Charge USD 30-40 for unarmed security, USD 40-45 for armed security and USD 100-120 for executive security.

- Also engaged in bail enforcement and private investigation services on the side.

- The protection services are provided internally. Over 4-5 employees provide executive protection with the remaining 10-11 employees providing the remaining services.

- Have engaged in paid Facebook advertising to promote the business.

- We finished the licensing at the end of the previous year and accepted our first contract in the middle of this year.

- The 3 promoters have a combined experience of over 40 years and one of the promoters was a member of the US Marine Corps.

Products & Services Overview

Provide static locations guards, mobile patrol guards, executive protection, bail enforcement services and private investigation services.

Assets Overview

Have 2 company vehicles currently. i. e. a 1996 Chevrolet Suburban and a 2019 Ford Explorer.

Facilities Overview

Currently, we are working out of home. Planning to relocate to a proper office within a couple of weeks.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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