FireDoor Life Safety Svcs & Specialty Contracting
Relocatable, MA Middlesex County
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- RE: FireDoor Life Safety Svcs & Specialty Contracting
- Contact: Bob Donaldson
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $382,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 3 | |
| BBN Listing #: | 1017495 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This Boston-based company provides life safety fire door inspection, repair and replacement services to one of Boston’s premier hospitals and healthcare providers. Currently life safety work is over 50% of total revenue. The owner is working to expand fire door services into several additional Boston healthcare institutions.
The regulatory driven annual fire door inspections require documenting defects and repairing or replacing failed units as part of the yearly certification process. No state licensure is required, instead inspectors must take a 3-day training course.
In addition, the business works with facilities management departments, providing small to medium-sized mission critical specialty contracting and remodeling services on a non-competitive price basis. 25% of EBITDA comes from 50% markup on products, materials, and supplies used in project work and sold directly to in-house facilities shops and maintenance departments.
Subcontractors execute the majority of the work while the owner focuses on business development, client maintenance, project management, and administration.
-Expandable Regulatory driven life safety business
-50% of the growing revenue is fire door inspection, service and replacement
-25% of EBITDA generated by 50% owner markup on materials and products supply
-Facilities management department connections throughout the Boston
-Hospital/healthcare system
-$600K and $950K respectively, in new revenue pipeline for 2026 and 2027
-High barrier of entry to competition
-Non-competitive bid project award
-Sticky client base
-Loyal pool of proven subcontractors and suppliers
Contact the Seller:
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Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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