Seller's Contact Information
- RE: Semi Absentee Owned Northern Californian Video Surveillance Company - SC2168
- Contact: Brett Sargent
Business Overview:
This Northern California based video surveillance company is a California Sole Proprietorship that was formed 24 years ago and has been under current ownership since inception. This business focuses on security monitoring mainly for car dealerships. They provide video surveillance services from 10pm to 6am for 7 days a week and currently have approximately 15 clients and have been as high as approximately 20 clients. While they specialize in car dealerships, this business can be expanded into industrial and other areas. They provide camera systems and setup as an initial sale, and then offer a subscription service for monitoring. Their contracts are one year at the front end and then month to month thereafter. Almost all of the revenue is ongoing subscription monitoring service.Market Competition and Expansion:
The global video surveillance market was valued at $61.8 billion in 2022, and is projected to reach $204.5 billion by 2032, growing at a CAGR of 12.8% from 2023 to 2032. A video surveillance system is a security system that captures images and videos, which can be compressed, stored, or sent over communication networks. Digital video surveillance systems can be used in nearly any environment.Reason for Selling:
The Seller is selling to retire.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Listing Update!
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