Fire Protection Engineering Consultancy Services Business For Sale

Business description

A small Australian Fire Engineering Services Consultancy which has excellent growth potential is for sale. There are significant skilled worker shortages in Australia and an engineer can get a skilled worker visa for Australia with option for permanent residency. The business would suit an energetic, entrepreneurial buyer who is a fire engineer and possibly would like to have their own company, rather than working for someone else, or who wishes to escape from an economically depressed country to one that is economically vibrant with a great future.
The current owner is prepared to continue working full time with the company for up to another 5 years to ensure an introduction of the new owner to all clients and smooth transition of the change of ownership. The current owner, who is approaching retirement, is acknowledged as a leading Australian expert in the field. Part of the sale is the opportunity for the new owner to receive beneficial intellectual property in the form of a training transference of the current owner's deep and broad knowledge of fire engineering services requirements and solutions.
Established over 20 years, this highly respected small company currently provides the following services:
* Building survey and reports
* Fire detection system design including smoke and thermal detection systems and occupant warning systems
* Fire sprinkler system design and special hazard system design including water mist and gaseous suppression systems
* Services penetration fire rating
*Site supervision and certification of completed fire system installations
The company has an excellent client base which includes large building companies, architects and large institutions such as Parliament House and the National Gallery. The company is based in Canberra; however, work is done nationally and some work has been done in Asia. The company is capable of considerable growth with a more entrepreneurial owner. All back office duties have been fully documented.

Property information

Property:

Leasehold

Lease terms:

The new owner can continue to rent the premises or choose to relocate.

Leasehold rent:

£21,000 per annum

Premises details:

A stand alone comfortable premises in an inner city area with floor space of approx 150 metres square, plus an exterior garden. The premises includes a kitchen and a full bathroom. It also includes a spare room which a single owner could use if accommodation is required.

Business Operation

Competition / Market:

Australia is possibly the least affected market by the current global economic problems. The economy is buoyant and there is still a major skills shortage in the building industry. This is particularly true in fire services engineering and there are many opportunities to grow this company, including expanding the area of operation, especially with additional staffing and less dependency on sub contract labour.

Reasons for selling:

The vendor wishes to retire in the next 5 years.

Employees:

Currently two owner directors (husband and wife team, husband fire engineer, wife non working director) and 2 part time back office staff, plus sub-contractor drafting.

Years established:

25 years

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner financing negotiable.