Recession Resistant Fire Protection Inspection Company - SC2169
Asking Price: | $149,500 |
Gross Revenue: | $85,000 |
EBITDA: | $60,000 |
Established Year: | 2010 |
Cash Flow: | $60,000 |
Inventory: | $1,000 |
FF&E: | $10,000 |
Fire Protection Business with Semi Absentee Possibility
Recession Resistant Fire Protection Inspection Company - SC2169
Financial Information
Asking Price: $149,500
Cash Flow: $60,000
Gross Revenue: $85,000
Down Payment: $74,750
Financing: Yes
This Northern California based Fire Protection Inspection Company is a California Sole Proprietorship and was formed 14 years ago and has been under the same ownership since inception. They provide fire suppression system service and fire extinguisher service on intervals of every 6 months to almost 200 accounts in Northern California, looking at fire extinguishers, fire suppression systems, etc. This recession resistant business services many fast-food restaurants along with other business establishments. The Seller carries a C16 Fire Protection Contractor license, along with an EE license and an E license. Seller is willing to work with Buyer on the use of his license or helping Buyer obtain a license. Seller only works ½ of the year!
Business Location
City: Northern California
State: California
Financing Comments
The Seller is willing to finance up to 50% of the sale price at 8% interest over 3 years. The amount financed will depend on the offered price and the quality of the Buyer.
Reason for Sale
The reason for selling is Seller would like to pursue other interests.
Detailed information
Year Established: 2010
Home Based: Yes
Franchise: No
Relocatable: Yes
Lender Prequalified: No
SBA Prequalified: No
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 20
Adjusted EBITDA: $60,000
Inventory Included: Yes
Inventory Value: $1,000
Monthly Rent: N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
FF&E Included?: Yes
FF&E Value: $10,000
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Market Outlook/Competition
The North America fire protection system’s market size was valued at $27.87 Billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.6% from 2023 to 2030. In the past few years, the significance of fire safety in the North America region has escalated due to notable incidents of fire.
CA 02100708
NV 1003039