Description
Acquire a Highly Profitable Security Management Firm with Government Contracts
Captivating Security Solutions: Unlocking the Future of Asset, Premise and Personnel Protection
Company Overview and Summary:
The Company, a mature and highly profitable security management firm, is a leader and top-rated in the Singapore security sector. With over 50 years of experience, it has established a solid reputation for service excellence and innovation through its tech-driven central command center, scanning systems, and unmanned security stations.
Reasons to Purchase this Company - Key Strengths:
Established Reputation: Solid track record since the 1970s, providing high-quality security services in Singapore.
Leader in the Industry: Top-rated in the Singapore security sector for service excellence and innovation.
Government Contracts: Procured multi-year contracts totaling S$16m with two separate government ministries, demonstrating remarkable standards and capabilities.
Strong Financial Performance: Impressive net profit per month of $76,105, with consistent revenue growth.
Fast Growth: Significant annual year-on-year growth rates of 42-44% post-COVID and 27-28% including COVID years, indicating adaptability and resilience.
Comprehensive Service Offering: Specializing in tailored manned and unmanned guarding solutions, including physical guarding, manned and machined guarding, virtual guarding, and event guarding.
Strong Customer Base: Diverse and expanding customer and partner base, including listed companies, MNCs, large SMEs, government ministries, and agencies.
Experienced Management: Well-trained sales team and strong operational management with over 40 years of industry experience.
Strategic Partnerships: Established relationships with large property and estate management agencies, providing a reliable lead and network for effective contract procurement.
Scalable Operations: Operational centers across Singapore for easy manpower redeployment, site scaling, and economic scale of operations.
Access to Government Grants: Qualifies for substantial and ongoing annual government grants, supporting operations and growth.
Foreign Manpower Hiring Opportunities: Ability to hire approximately 80 foreign passport holders, providing flexibility in staffing and growth opportunities.
Additional Revenue Streams: Ownership of strategically acquired investment properties generating ongoing rental revenue.
Smart Technologies: Integration of smart technologies in operations for efficient monitoring, detection, and response.
Award Winning: Multiple prestigious awards highlighting the company's reputation as an excellent employer and a preferred choice for hiring.
Financial Performance / Summary of Key Financial Data:
FY 2023 net profit of $913,256, averaging $76,105 per month.
FY 2023 revenue of S$7,966,414, averaging S$663,868 per month.
FY 2024 and 2025 projected revenues of S$14,264,381 and S$17,343,147, respectively.
42-44% annual YoY growth rate post-COVID (FYs 2021 onward).
27-28% annual YoY growth rate including COVID years (FYs 2018 to 2023).
Director's remuneration of S$287,000 in 2023, potentially receivable by the new owner.
Company Background and Introduction:
Established in the 1970s, the Company is a pioneer in providing high-quality security services in Singapore. With a commitment to integrity, loyalty, and trust, it delivers cost-effective solutions, leveraging specialist knowledge garnered over its long tenure. The Company strictly complies with government regulations and guidelines, setting industry-best standards.
Company's Unique Service Offering and Ideology:
The Company specializes in tailored manned and unmanned guarding solutions, prioritizing active listening, proactive actions, and reliable, objective advice to clients. Its comprehensive services encompass Security Personnel, Fire & Security Systems, Live mobile Visitor and Vehicle Management System, CCTV, and Retail Security Tagging, delivering optimal value and security to clients.
Customer and Partner Base:
The Company has a diverse and expanding customer and partner base, including listed companies, MNCs, large SMEs, government ministries, and agencies. Its excellent customer service and strong operational reputation have contributed to solid year-on-year revenue growth.
Reason for Sale - Retirement:
The owner/operator, with over 40 years of industry experience, seeks to sell the 100% stake in the Company for retirement purposes. While stepping back, they are willing to stay on as a Consultant Manager, showcasing confidence in the company's systems, people, and future prospects. They are also open to leading the company's growth by procuring further contracts as a Consultant.
Multi-Award Winning:
The Company has received multiple prestigious awards, including the NTUC "May Day Award" for promoting workers' interests and age-friendly employment practices, the MSD "SG Enable Award" for disability-inclusive employment, and multiple "Tripartite Standards Marks" for fair and progressive practices. These awards highlight the company's reputation as an excellent employer and a preferred choice for hiring.
Investment Opportunity:
The Company offers a mature, highly profitable, and fast-growing security management firm with a strong reputation, government contracts, diverse service offering, and experienced management. Its track record, financial performance, and growth potential make it an attractive investment opportunity in the security industry.
Contact Us Today to Seize this Lucrative Investment Opportunity
Singapore