DescriptionLicensed Gate, Access Control & Security Systems Provider
Established Florida-based provider specializing in the installation, repair, and maintenance of automatic gates, gate operators, access-control systems, and security cameras. The business primarily serves homeowners associations and gated communities through longstanding property-manager relationships, preferred-vendor arrangements, and customer referrals.
The company operates from three Florida locations and serves approximately 245 active accounts. Its combination of low-voltage and general contractor licensing, stocked inventory, direct-sourced proprietary parts, and same- or next-day service capabilities creates meaningful competitive barriers. Multiple service lines—including gates, RFID and telephone-entry systems, CCTV, networked access control, and preventive maintenance—provide significant cross-selling opportunities within the existing customer base.
Revenue has increased approximately 3.3x since FY2023, reaching an estimated $3.0 million annualized run-rate. Additional growth opportunities include expanding the newer Central and Northeast Florida offices, pursuing an extensive database of HOA and property-management contacts, increasing digital marketing, and introducing formal maintenance and monitoring programs.
Key KPIs
- Annualized revenue: approximately $3.01 million
- LTM revenue through June 2026: approximately $2.36 million
- Annualized adjusted EBITDA: approximately $1.04 million
- Adjusted EBITDA margin: approximately 34.6%
- Annualized gross profit: approximately $1.22 million
- Annualized gross margin: approximately 40.4%
- Revenue growth: approximately 3.3x versus FY2023
- Active customer accounts: approximately 245
- HOA and gated-community revenue: approximately 95%
- Largest customer concentration: approximately 5.5%
- Top 10 customer concentration: approximately 32%
- Average job size: approximately $791
- Trailing jobs completed: approximately 1,297
- Average customer rating: 4.9
- Florida locations: 3
- Employees: 11
- Operating history: more than 25 years
- Service mix: approximately 78% gates and access control; 22% cameras and networked access control
- Licenses: low-voltage and general contractor
- New-customer labor rate: $150 per hour