Company presentation

SAS PRO SECURITE GROUPE, with a capital of 30K and located in Boitron (77), was created in October 2020 to buy back the shares of the company DOMOTEK (creation 1992).
The latter specializes in the installation and maintenance of security and automation systems for professionals as well as for individuals.
Mr. PRESSE is the current leader of DOMOTEK. The company has 1 employee and 1 apprentice.

The buyer, also president of PRO SECURITE GROUPE, is Mr. BEGNY.

Project display

The company PRO SECURITE GROUPE solicits lenders for up to 155 K € in order to buy 100% of the shares of the company DOMOTEK.
The need is global and immediate. review

This project was the subject of a specific study linked to the current health situation, in particular on the government measures from which the company was able to benefit, and on the evolution of its activity during confinement.

2019 revenue increased by 15.8% to € 306.5K.
Over this financial year, the manager reduced his remuneration, resulting in an EBITDA which went from 15.3 K € to 33.7 K € (11% of turnover).
The 2019 net income amounts to € 29.2 thousand and represents 9.5% of turnover.

In the absence of dividend distribution, the level of shareholders' equity increases. They amount to 171.2 K € or 77.5% of the total balance sheet.
Added to this is the fact that the company has very little debt, up to 15.8 K €.
Net cash amounted to € 19.3K.

The forecast provided indicates a 2021 turnover of 380 K € up to 510 K € in 2023. For this, the buyer wishes to hire the apprentice present within the company and to set up a commercial action based on his relations established during previous experiences (chief of staff of ministers, mayor, etc.). Discussions have already started with 6 municipalities and a gendarmerie barracks.
The gross margin should be around 73.7% in the 1st year.
As for the net result, it would be 40 K € in 2021 to reach 110 K € in 2023.

Update: 26/12/2020

Financial Summary

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