- Businesses for sale
- Buy a business
- Advert Details
Advert Ref: 07-657
Fire Protection Engineering Company For Sale
- Broward, Florida, United States
Add this business to my shortlist
|
 |
- Business description
- Key Facts:
• Well established and highly profitable
• Great location relative to work in S Florida tri-county area
• Installs complete Fire Protections Systems in The scope of work includes design and installation of complete New Fire Sprinkler Systems, Fire Pumps, Standpipe & Hoses, Fire Hydrant and Backflow Preventor, new Residential, Commercial & Industrial buildings – all mandated by county ordinances.
• Retrofit Fire Protections Systems in older Mid & Hi-Rise Buildings – also mandated by county ordinances
• Maintenance and Testing on existing Fire Protection systems also in residential, commercial and industrial building
• Inspections of existing Fire Sprinkler Systems required by law on quarterly, semi-annual, and annual basis
• Has excellent reputation for quality and on-time work – resulting in excellent customer base
• Excellent website and features prominently in on-line yellow pages – has successfully marketed itself as a modern innovative company. The company is an active member of its primary industry association and remains up to date on all new technologies
• Well managed, well organized with very experienced and loyal staff who are all well trained and knowledgeable
• Completely Non Seasonal with even cash flow throughout the year
• Profit and Revenue growth has shown a strong upward trend since inception and has continued through 2007.
• Sales for 2008 are projected to exceed 2007 figures by at least 35% (as at July 2008 they are running 40% ahead of the same period last year)
The Fire Protection industry is one of the most profitable parts of the construction industry, benefiting form Government desires in enhance life safety protection within new and old buildings. This company, like all others in the industry, has much more work available to it than it wants to handle. Potential exists to grow this company to well over $5 million with the right planning and structure in place.
- General information
- Years established:2004
- Employees: 18
- Trading hours: 7:30 - 4:00 pm
- Real Estate: Lease
- Lease terms:A new 5 year lease has just been signed at $2843 per month
- Location:Ideally located in an Office/Warehouse in busy Industrial Park. 3520 sq ft (plus 300 sq ft outside yard). This location alone ensures significant work in the immediate vicinity. Perfect location relative to work east/west and north/south within the tri-county area.
- Expansion potential:Expansion potential: The company has in place some excellent static advertising in www.yellowpages.com, its own website, The Blue Book, but would now benefit from a more pro-active sales and promotional campaign aimed at 3 areas: 1. Increase INSPECTIONS by an aggressive approach to existing property owners and property management companies 2. Increase Retrofitting of Fire Sprinklers in existing Hi-Rise buildings that must do so before the grace period expires. 3. Plan carefully to take on bigger projects in new Commercial & Residential Developments The company has developed and is implementing a marketing plan by which to address the above growth prospects and is already seeing the benefits. Further growth from this planning is expected in 2008
- Competition / Market:Competition / Market: State and County regulations requiring Fire Sprinklers in all new buildings ensures more than enough work is available for all suppliers. This company's sharp growth and profit curve provides evidence of the amount of work available. Building activity continues at a significant pace all requiring fire protection systems under law. Virtually all Fire Protection Companies in the nation report more work than they can comfortably handle
- Support & training:Seller will provide 6+ weeks training at no cost. Seller very keen to assist in transition and to see the new buyer successful and is quite willing to assist the new owner in whatever capacity required
- Reasons for selling:Seller would like to take a break from the industry and feels that the company is now well established to the point where a new owner and management can exploit its full potential
- Financing available?Seller will finance aprox 35 - 40% of Purchase Price
