Established Fire extinguisher company in Southern RI
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ESTABLISHED FIRE EXTINGUISHER SERVICE COMPANY - SOUTHERN RHODE ISLAND
This well-established fire extinguisher service business has been serving Southern Rhode Island since 1985, building a loyal customer base through reliable local service and quick response times. Operating as a route-based business in Westerly, RI, this company generates $125,000 in annual revenue with $56,000 in seller's discretionary earnings.
BUSINESS HIGHLIGHTS:
• Nearly 40 years of continuous operation with established customer relationships
• Growing client base with consistent year-over-year expansion
• Competitive advantage through local convenience and responsive service
• Strong cash flow with 44.8% profit margin
• Relocatable business model for operational flexibility
FINANCIAL OVERVIEW:
• Annual Revenue: $125,000
• Cash Flow (SDE): $56,000
• Asking Price: $178,000 (1.42x revenue multiple)
• Inventory: $5,000 (included in price)
• Seller financing available with 50% down
OPERATIONS:
This route-based service business focuses on fire extinguisher maintenance, inspection, and sales. The company has differentiated itself from larger competitors by providing personalized, responsive service that customers value. The business serves both commercial and retail clients throughout the region.
GROWTH POTENTIAL:
Significant expansion opportunities exist as the client base continues growing annually. The established reputation and local market presence provide a strong foundation for scaling operations.
SUPPORT & TRAINING:
Comprehensive transition support includes on-site training, free workspace for six months, and assistance with office scheduling and invoicing systems. The current owner is retiring and committed to ensuring smooth operations transfer.
IDEAL BUYER:
Seeking a mechanically inclined individual with strong customer service skills and ability to handle flexible scheduling, including early appointments for urgent service calls.
This turnkey operation offers immediate cash flow with proven growth trajectory in an essential service industry.
This well-established fire extinguisher service business has been serving Southern Rhode Island since 1985, building a loyal customer base through reliable local service and quick response times. Operating as a route-based business in Westerly, RI, this company generates $125,000 in annual revenue with $56,000 in seller's discretionary earnings.
BUSINESS HIGHLIGHTS:
• Nearly 40 years of continuous operation with established customer relationships
• Growing client base with consistent year-over-year expansion
• Competitive advantage through local convenience and responsive service
• Strong cash flow with 44.8% profit margin
• Relocatable business model for operational flexibility
FINANCIAL OVERVIEW:
• Annual Revenue: $125,000
• Cash Flow (SDE): $56,000
• Asking Price: $178,000 (1.42x revenue multiple)
• Inventory: $5,000 (included in price)
• Seller financing available with 50% down
OPERATIONS:
This route-based service business focuses on fire extinguisher maintenance, inspection, and sales. The company has differentiated itself from larger competitors by providing personalized, responsive service that customers value. The business serves both commercial and retail clients throughout the region.
GROWTH POTENTIAL:
Significant expansion opportunities exist as the client base continues growing annually. The established reputation and local market presence provide a strong foundation for scaling operations.
SUPPORT & TRAINING:
Comprehensive transition support includes on-site training, free workspace for six months, and assistance with office scheduling and invoicing systems. The current owner is retiring and committed to ensuring smooth operations transfer.
IDEAL BUYER:
Seeking a mechanically inclined individual with strong customer service skills and ability to handle flexible scheduling, including early appointments for urgent service calls.
This turnkey operation offers immediate cash flow with proven growth trajectory in an essential service industry.
About the Business
- Years in Operation
- 41
- Employees
- 2 Part-time
The work can be done on a part time basis in daytime: aprox. 15-22 Hrspw - Currently Relocatable
- Yes
- Facilities & Assets
- Operated out of a small retail space and service area Site could be relocated very easily with the minimal equipment required. There is a 2018 low milage Pro Master City Van included with business
- Website
- https://newenglandsecurityinc.com/fire-extinguishers
- Market Outlook / Competition
- We have established ourselves as a reliable service company with a great customer base who like our local convenience and service. Our biggest competitors are larger companies who are not as responsive and available.
- Opportunities for Growth
- Our client base grows yearly with expansion possibilities for the making.
About the Sale
- Seller Motivation
- Retirement in the near future
- Transition Support
- On site training, work and retail space available for free the first six months with office scheduling and invoicing assistance.
- Financing Options
- 50% Down
Listing Info
- ID
- 2526469
- Listing Views
Listing ID: 2526469 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. See our full Terms of Use. Learn how to avoid scams.
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