$4.2M Security Business… With $773K Revenue?!

In this episode the hosts critique a $4.28 million asking price for a Signal Security Franchise business in San Antonio earning ~$773K revenue—arguing it’s overpriced, under‑differentiated and risky.Business Listing – https://www.bizbuysell.com/business-opportunity/san-antonio-tx-highly-profitable-security-business-for-sale/2350661/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.comAcquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!In this episode of Acquisitions Anonymous, hosts Michael Girdley, Bill D’Alessandro and Connor Groce dig into a franchise‐for‐sale opportunity in the private security industry: a Signal Security franchise in San Antonio asking $4.28 million with $773K in gross revenue. They walk through the business model (commercial security staffing), margins, branding claims, franchise structure and red flags.Key Highlights:- Asking price: $4.28 million for a franchise security services business in San Antonio, with ~$773 K gross revenue.- Model: Commercial security staffing (e.g., apartment complexes, offices) relying on contract revenue and hourly staff.- Margin concerns: Advertised ~39% gross margin but likely much lower net profit—owners estimate very low take‑home.- Franchise platform issues: Website more focused on selling franchise opportunities than showing service revenue or client success; raises questions about sustainability & support.- Operational risks: Staffing, liability issues, tech disruption (surveillance & automation), brand reputation, risk of employee negligence or incident triggering legal/insurance exposure.- Verdict: Thumbs down across hosts; valuation too aggressive for the business model and risk profile.Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.Do you enjoy our content? Rate our show!Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.For inquiries or suggestions, email us at [email protected]