Very Profitable Fire Sprinkler Company for Sale
| Asking Price: | $1,625,000 | Inventory: | $1,000 ++ |
| Gross Revenue: | $7,000,000 | Real Estate: | n/a |
| Cash Flow: | $800,000 | FF&E: | $300,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This fire sprinkler company designs and installs automatic fire sprinkler systems for any type of commercial, industrial, institutional or residential building. The Company has been very active working with building owners and contractors in new real estate projects and retrofits of older facilities. Their customer base comes from both general contractors and building owners. Almost two thirds of the revenue streams are represented by repeat business from this satisfied customer base. The company’s revenues are derived from design/build contracts of fire sprinkler systems in new or existing commercial facilities coupled with maintenance service contracts on existing installations. Presently, the company is licensed to operate in Georgia, Alabama and South Carolina with the majority of its revenue derived from projects in the metro Atlanta area. The Company’s revenues exceed $7,000,000 with Discretionary Cash Flow exceeding $800,000. They have operated in the Atlanta metro market for a number of years and are a recognizable brand in their industry. Their dedication to quality and service is unparalleled. The business is for sale for $1,625,000 and includes tangible assets with an estimated value of over $300,000. The owner is willing to work with a prospective buyer for any reasonable period of time to transition the current employee and customer base. Empowered with a capable management team, this business is positioned to capture market share and capitalize on Atlanta’s boundless population growth which is projected to exceed 9,200,000 by 2030 (AJC, March 27, 2008).
About the Business
Year Established:1980
Employees:30 full time -
Facilities:The Company leases 5300 square feet of space to house the office and warehouse under very flexible terms.
Market Outlook and Competition:The Company has been in business for over 25 years and has cultivated a very loyal customer base and substantial name identification in the industry. The Company has gained substantial growth through customer referral but has not assembled a formal marketing program to increase market penetration. With the predicted growth of 4,000,000 more people to be added by 2030 (AJC March 27, 2008), it should be easy to substantially increase volume.
About the Sale
Reason For Selling:Seller has other business interests.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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