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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

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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.

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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

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