Business Overview:
They started as a Fire Sprinkler Company and then added Fire Extinguisher and are the Largest in this market area. - Then they added Alarm-Security Systems. They have 18 Profit Centers, Including Central Station Monitoring, Video Systems, Access Control, Fire Alarms & a dozen other Life Safety "Profit Centers". Their Large Group of technicians have been with them for many years and he has Manager that do a great job running their department. A most important Part of their Business is the required inspections of the Sprinkler Fire systems, the Fire Extinguishers, the commercial Kitchen Fire Suppression systems & the Water Back Flow Devices. All these systems must by law & Insurance regulations be inspected every year or every six months. You will need to make sure you understand R.M.R. (Reoccurring Monthly Revenue). It is very difficult to find a Business like a Life Safety Business where the Equity Gain is always higher then the net profit.
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Property Features and Assets:
This Business is located in the downtown area of a major City. Several years ago they provided services to the entire State of Florida. They were doing over $7 Million in sales and Installed systems in the Largest Prisons in the State. Now they do most of their work within 70 miles of their office.
Market Competition and Expansion:
This Business has many directions to expand, You will want to talk with the Broker Handling this Listing. He used to own 32 of these Life Safety Businesses in 17 Cities Coast to Coast. He can make many suggestions on how to grow this Business.
Reason for Selling:
Retiring, but will work for new owner.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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