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Fire Protection Build and Service Contractor

Asking Price:$769,050 Cash Flow:$290,518

Gross Revenue:$3,364,560

EBITDA:N/A

FF&E:$120,000

Inventory:$9,000*

Lease Rate:$1,900 /SF/Month

Established:2011

*not included in asking price.

Business Description

The business provides a wide array of services to commercial, industrial and residential clients.

Protection Systems include; retrofits, wet pipe systems, dry pipe systems, per-action systems, deluge systems, fire pumps and backflow preventers.

Design Services include; CAD Design, Hydraulic Calculations (including due diligence, walk through, and estimates for the property managers and real estate agents

Maintenance Services include; System Inspections, Testing and Maintenance, Fire Pump Annual Testing, 24 – Hour Emergency Service

The business is a proud member of the local Sprinkler Fitters Union

Numerous industry sectors served including; Facilities, Retail, Healthcare, Industrial, Commercial as well as Real Estate Organizations and others. When industry is in a need for reliable, quality service, providing guaranteed high quality customer focus to each and every client. Roughly 25% of the gross revenue is derived from service contracts.

If you are in the business or looking to expand your footprint to the Greater Chicago market check this business out. The ownership will provide a smooth transition to new ownership. The current ownership would desire to stay with the buyer as an employee post transition currently functions as a field superintendent for a team of 7 plus. There are currently 5 people in the office. This business has the potential to be many times the size it is today. The business occupies roughly 5,000 square feet of office and warehouse.


Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
1/31/2018
Employees:
4 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Projected Gross Revenue for Year 2017: $4,000,000 Projected Cash Flow: Year 2017: $274,091. Cash Flow was reduced by $75,000 for a replacement of a Manager.
Financing:
OPEN
Reason for Selling:
Retirement
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