Security Video System Design and Manufacturer

21 Nov Security Video System Design and Manufacturer

Posted at 14:12h in by Kyle Griffith 0 Comments

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Location: NY, NY

Industry: Manufacturing, Electrical / Security

Listing ID: 1319

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Video Summary

Electronics designer and manufacturer of remotely operated industrial inspection video systems. SBA reviewed and well-established. The products allow operators to see into areas
that are hazardous or inaccessible to people. 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 20 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.

2023 (**Preliminary)

**Revenue: $9,303,453

**EBITDA: $2,272,822

**Gross Profit: $4,434,949

Listing Details

Revenue: $9,303,453

EBITDA: $2,272,822

Inventory: $1,800,000 (Included in Price)

Real Estate: (Not Included in Price)

Reason For Sale:

Retirement

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.

Operation

Year Established: 2001 by current owners

Employees: 2 owners - 19 employees

Location

Relocatable?: Yes

Facilities Information:

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.