Should I buy an existing security guard company or start one?
Buying gets you running contracts, a trained guard roster and supervisors on day one, while starting gives you a clean slate but means winning every site from nothing and recruiting a team before you earn. The choice turns on how long you can wait for revenue and how much history you are willing to inherit.
A guard company sells reliability: a person at the right post at the right hour, every shift. That is hard to build from nothing and easy to lose. Most people weighing the two paths are really asking how long they can go without income and how much of someone else’s history they can live with. Both routes can work. They ask for different things from you.
What starting from scratch asks of you
A site client may hesitate to hand a contract to a company with no track record, so ask yourself how you would win the first one. Winning can be slow, with tenders, site walks and references before anyone signs. Meanwhile you must recruit guards, set up scheduling and cover shifts before you have steady revenue. Plan for a long stretch of building before the company pays you.
What an existing company brings
- Signed client contracts and the relationships behind them.
- A roster of guards who already know the sites.
- Supervisors who run the schedule and handle call-outs.
- A reputation, good or poor, that clients already hold.
What you inherit with it
The same list can cut the other way. Contracts may end on short notice, key supervisors may leave with the owner, and past incidents or complaints come with the name. Ask which clients are tied to the owner personally and what the current guards expect from a new employer. Our page on what to check before buying a security services company goes through those questions in order.
Licensing is a separate question
Ask your lawyer what permissions either path needs to operate a guard business. Whether an agency licence moves to a new owner is a question for that regulator and for your lawyer, not something to assume. Ask early, because it can affect your timeline whether you start or buy.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- Expert answerWhat should I check before buying a security services company?
- Expert answerDoes a security guard agency licence transfer when you buy a security company in Ontario?
- Expert answerHow do I find a security company for sale near me?
- Expert answerWhat catches new owners off guard after buying an HVAC company?
- Expert answerAm I liable for past security breaches when buying a tech company?
- Expert answerHow can I tell if a security guard company is actually profitable?
- Expert answerHow do I keep guards and clients after buying a security guard company?
Selling
Legal
Financing
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentBusiness plan template for entrepreneurs
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