HK Licensed Security Company for Sale
The company holds Type one license (providing security services) and Type three license (installing, maintaining, and/or repairing security devices and/or designing systems with security devices for individual locations or locations) issued by the Hong Kong Security Bureau.
The company employs over 350 security personnel to provide security services for large public institutions in Hong Kong.
The company has a net profit margin of over 18%, stable cash flow and a traceable and verifiable business growth record. In 2022, the company achieved revenue of HKD 110 million (equivalent to US$ 14,000,000) with a net profit of HKD 20 million (equivalent to US$ 2,600,000), and in 2023, it achieved revenue of HKD 140 million (equivalent to US$18,000,000) with a net profit of HKD 26 million (equivalent to US$ 3,330,000). According to the financial forecast of the existing contract, the net profit is expected to exceed HKD 40 million (equivalent to US$ 5,130,000) in 2024.
Its shareholder intends to transfer the company at a price of HK$ 312 million (equivalent to US$ 40 million).
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2. The above information is for reference only and shall not be regarded as trading terms.
OUR COMPANY PROFILE:
We are a leading large CPA group with over 2,500 professionals (370 certified public accountants) in nearly 98 branches across Mainland China, which ranks among the TOP CHINESE 50 CPA FIRMS.
The specialized services we render include audit to listed and unlisted companies, merger and acquisition advisory, IPO consulting, tax planning and so on. The M&A opportunities posted by our M&A team are projects in the sectors/industries of finance, high-end manufacturing, education, agriculture, real estate, etc.
As of the financial year of 2022, we’d achieved operating revenues for more than RMB 530 million (USD 74.3 million).
WE HAVE POSTED OVER 50 PROJECTS ON DEALSTREAM.
Financials (USD)
Asking Price $40,000,000
Cash Flow Not Disclosed
Sales $18,000,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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