Asking Price:$769,050 Cash Flow:$290,518
Lease Rate:$1,900 /SF/Month
*not included in asking price.
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.
- Not included in asking price
- Real Estate:
- Building SF:
- Lease Expiration:
- 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.
- Reason for Selling: