Installation and Service of Fire Protection System

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$4,700,000 $4,992,629

Services: Construction, Contractors


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RE: Installation and Service of Fire Protection System Broker: Andy Fischer

Quick Facts

Asking Price: $4,700,000
Annual Revenue: $4,992,629
Net Profit: Not Disclosed
Cash Flow: $1,017,585
Total Debt: Not Disclosed
FF&E: $70,100
Real Estate: Not Disclosed
Year Established: 2001
Employees: 42
BBN Listing #: 74364955
Broker Reference #: 1040-16431

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Business Overview:

A well-established Fire Protection company in the Miami, Florida. Business was established in 2001. Sales in excess of $5 Million, with a solid mix of work/contracts among new construction and service divisions. Products and services include: Fire protection installation for new construction and retro-fit (sprinkler system, related piping and fire pumps); Fire protection service and maintenance (repairs, inspections) and Fire alarm installation. The company specializes in the residential industry. The business has a great reputation, upside potential for continued growth, recurrent service revenue growing as a percentage of sale, $7MM of new projects in pipeline, excellent staff in place. Revenues trending to $7 million in 2021 ($3.5MM through June). Sellers will commit to a smooth transition and operating partner willing to stay. Price includes $600k in working capital.

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Property Features and Assets:

Business operates in an office space of 2,770 square feet. Rent is $4,533 per month (including CAM and sales Tax). The lease expires in 09/30/2021 and ownership is currently negotiating an extension. Assets = $670,100.

Market Competition and Expansion:

There are several companies that do this type of work, however the market is very big. This company is about the 10th in size and has a great reputation. The business has been turning down jobs. The business needs working capital in order to be able to grow. With additional working capital the business can grow much more with the same structure that they currently have.

Reason for Selling:

Majority owner wants to retire.

Additional Details:

  • The property is leased.
  • 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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