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Re: Question about buying alarm accounts
Stephane Laviolette wrote:
> Hi
>
> I hope this is the right place to ask this question...
>
> Well i'm looking to get into alarm sales & monitoring and may have an
> opportunity to purchase existing alarm account.
> If contracts have 12 + months remaining and charge 16$ monthly what do you
> thin is a resonnable price to buy 100 or so of these accounts ?
> This would be great and give us a jump start and a steady monthly income.
> any advice would be appreciated
>
> Stephane
>
>
Going rate is 2.5 times annual revenue. 15% hold-back. Make sure
you're no buying a "pig-in-a-poke". One company here (Vancouver) sold
their accounts and the outfit that bought them very quickly found out
that most of the accounts were "barter" (no cash involved).
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