High-Growth Security Service Firm in Cook County, Illinois with $522K ARR

This is a high-growth, non-franchise security service business located in the Chicago metropolitan area, Cook County, Illinois. Founded in 2021, the company has rapidly established a strong reputation for providing professional, reliable, and highly trained security personnel. It specializes in serving a diverse clientele, with a significant focus on the Illinois cannabis dispensary sector, a niche market driven by state regulations requiring licensed security. The business boasts substantial recurring revenue, with $43.5k in Monthly Recurring Revenue (MRR) and $522k in Annual Recurring Revenue (ARR), supported by long-term contracts averaging 2 years. This recurring revenue stream ensures operational and cash flow stability for the new owner from day one. The company is pre-qualified for an SBA loan, and the seller is open to providing a portion of seller financing. The owner is motivated by retirement and offers comprehensive transition support, including operational handover and customer introductions, and is willing to stay involved long-term under agreed compensation. Facilities include one company-branded SUV and office furniture/uniforms. The business operates from a leased facility with a monthly rent of $650.