Question about buying alarm accounts

Question about buying alarm accounts

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Subject Author Date
Question about buying alarm accounts Stephane Laviolette 01-17-2006
Posted by Stephane Laviolette on January 17, 2006, 10:37 pm
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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



Posted by Nick Markowitz on January 17, 2006, 11:15 pm
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There not worth 10 cents a piece if they have not been properly installed
and maintained and people do not renew there contracts becuase of this you
ended up buying a whole lot of nothing,
last i heard on new contracts they were paying 25 times
RMR if it was an outright purchase and the people buying owned there own
central station if you have to use a 3rd party monitoring then you also have
to figure these costs as well .
some one so willing todump towards end of there contracts i would be very
leary with out proper due dilligence and research on what your buying.



Posted by Frank Olson on January 18, 2006, 12:21 am
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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).

Posted by Crash Gordon on January 18, 2006, 10:10 am
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Be really really rweally careful - if they're junk installs, or slow pays,
you're buying a headache.

100 accounts is not very many for a "jumpstart"...you could easily do that
in 6 months with a couple of installers on your own. Besides it aint much of
a monthly income after you pay monitoring and billing costs and taxes.




| 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
|
|
|



Posted by Stephane Laviolette on January 18, 2006, 2:12 pm
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true its not much
but i'll be starting on my own
100 accounts could give me a good start by at least paying for my store rent
or part of it
but the technical aspect I got warned about already..
and it makes sense, it could be alll junk


> Be really really rweally careful - if they're junk installs, or slow pays,
> you're buying a headache.
>
> 100 accounts is not very many for a "jumpstart"...you could easily do that
> in 6 months with a couple of installers on your own. Besides it aint much
of
> a monthly income after you pay monitoring and billing costs and taxes.
>
>
>
>
> | 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
> |
> |
> |
>
>



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