Seller's Contact Information
- RE: Installation And Service Of Fire Protection System
- Contact: Andy Fischer
Quick Facts
Asking Price: | $4,700,000 | |
Annual Revenue: | $7,800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,506,318 | |
Total Debt: | Not Disclosed | |
FF&E: | 346,401 | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 42 | |
BBN Listing #: | 33894955 | |
Broker Reference #: | 1040-16431 |
Business Overview:
A well-established Fire Protection company in South Florida. Sales reached $6.8MM in 2021 and projected sales for 2022 are $7.8 MM, 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). 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 (currently 25%). The company has experienced solid growth and it has signed contracts for 2023 for $7 Million. Sellers will commit to a smooth transition and operating partner willing to stay.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Business operates in an office space of 2,770 square feet. Rent is $5,000 per month (including CAM and sales Tax). The lease expires in 09/30/2024. Option for 3 or 5 years are available. Assets = $1,596,401
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. The business is also putting effort in developing the service and maintenance business unit.
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 homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Cash flow increases 4 years in a row
For 30 years, this business has provided the Central New York region with the highest quality custom and pre-made counter tops and cabinets while maintaining reliable, knowledgeable and friendly service. The business has an excellent reputation and has generated outstanding financial results, including four years of increasing cash flow.
Tailored Turf Installation Business
The business has established itself as a prominent provider of artificial landscape projects in Northern California, having successfully completed over 1,200 projects since its inception in 2017. With an ever-expanding portfolio, the business boasts an unmatched depth of experience, distinguishing itself among competitors in the region.