Fire Protection System Design & Service with Contracts! (37995)

Florida

Seller Financing Available

listing image
Asking Price:$2,950,000
Gross Revenue:$4,685,380
FF&E:$1,540,000
Established Year:1965
Cash Flow:$318,185
Inventory:$187,000
Real Estate:$1,400,000
BUSINESS DESCRIPTION

Situated along Southeast Florida, this highly rated company offers full-service fire protection systems, specializing in suppression designs both installed and fabricated with recurring quality inspections and maintenance visits. By providing long-term contracts to governmental agencies and municipalities, ‘one-off’ calls for commercial and industrial clients, a Contractor Competency License is required to run business and can be obtained during transition. Revenues totaled $4,685,380 in 2023 alongside Discretionary Earnings up to $318,185. Thanks to experienced personnel of 24 union employees with some cross-trained workers assisting post-sale, the involved ownership can carry current operations for a negotiable acclimation phase as needed. Available for optional purchase or for tenancy of $5,000 month ($48,000 per year), the property is a 7,500 square foot facility found in excellent condition complete with warehouse space, production areas, as well as office room. The company holds a great reputation and has many flexibilities to optimize. Strongly relying on backed verbal referrals from their large and repeating customer base, easy opportunities exist to maximize outreach through online media engagements, aggressive advertising and strategic expansions. Going strong for 2024, this business is in a great position for optimization and expansion opportunities. As a C-Corp the price includes approx. $2M in Receivables, $1.5M Equipment and $900k in payables.


DETAILED INFORMATION
Location
Florida
Inventory
Included in asking price
Real Estate
Owned
Building SF
7,500
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Listing includes current Receivables ranging $800K to $900K. Property is subject to appraisal and available for separate purchase.
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
With cross-trained workers assisting post-sale, ownership can carry operations for a negotiable transitioning as needed.
Reason for Selling
Approaching retirement.
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Brian Stephens
IAG Merger
Brian Stephens