21 Nov Security Video System Design and Manufacturer
Location: NY, NY
Industry: Surveillance Video Specialists
Listing ID: 1319
This SBA reviewed, well-established designer and manufacturer of specialty portable video products that allow operators to see into areas that are either dangerous or inaccessible to enter. This company has a team of engineers and industry specialists dedicated to making the critical work performed by their customers easier, safer, and more effective. The company has had a successful track record for over 21 years and earned an excellent reputation for many pioneering innovations in surveillance, rescue and industrial inspection technology.
They offer an array of portable video solutions, along with standard definition video systems, wireless systems and components. The systems are engineered and designed for dependability, rapid deployment, modularity with field-swappable components.
Consistent revenues, combined with a great team and loyal customers makes this business a great investment or add on to your business.
TTM (7/22 – 6/23)
Revenue: $ 8,261,719
Gross Profit: $ 4,397,154
EBITDA: $ 2,060,145
Inventory: $1,800,000 (Included in Price)
Reason For Sale:
Training & Support:
The current owners are amenable to extending a free 30-day training plan to the incoming owner/s to enable them to garner a deeper understanding of the business’ operations specifically relating to the products and markets it serves. The owners don’t anticipate disruption to the operations due to the planned, phased-in (1 year on a full-time basis and 1 year on a part-time basis) transfer of knowledge to the new owner.
Year Established: 2001 by current owners
Employees: 2 owners - 19 employees
The business occupies a 6,000-square-foot purpose-fitted manufacturing facility that offers approximately 50% of office and assembly space. The balance of the premises is utilized as inventory, shipping, and shipping/receiving areas respectively.