Hot Listing

Fire Door Life Safety Services and Specialty Contracting

Asking Price$800,000

Cash Flow

EBITDA$272,000

Gross Revenue$1,240,000

Inventory$44,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave
Hot Listing

Fire Door Life Safety Services and Specialty Contracting


Asking Price$800,000

Cash Flow

EBITDA$272,000

Gross Revenue$1,240,000

Inventory$44,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
High Barrier to Entry!
This Boston-based company provides life safety fire door inspection, repair and replacement services to one of Boston’s premier hospitals and healthcare providers. Currently life safety work is over 50% of total revenue. The owner is working to expand fire door services into several additional Boston healthcare institutions.

The regulatory driven annual fire door inspections require documenting defects and repairing or replacing failed units as part of the yearly certification process. No state licensure is required, instead inspectors must take a 3-day training course.

In addition, the business works with facilities management departments, providing small to medium-sized mission critical specialty contracting and remodeling services on a non-competitive price basis. 25% of EBITDA comes from 50% markup on products, materials, and supplies used in project work and sold directly to in-house facilities shops and maintenance departments.?

Subcontractors execute the majority of the work while the owner focuses on business development, client maintenance, project management, and administration.

-Expandable Regulatory driven life safety business
-50% of the growing revenue is fire door inspection, service and replacement
-25% of EBITDA generated by 50% owner markup on materials and products supply
-Facilities management department connections throughout the Boston
-Hospital/healthcare system
-$600K and $950K respectively, in new revenue pipeline for 2026 and 2027
-High barrier of entry to competition
-Non-competitive bid project award
-Sticky client base
-Loyal pool of proven subcontractors and suppliers
About the Business
Years in Operation
16
Employees
3 (1 Full-time, 2 Part-time)
Currently Relocatable
Yes
Facilities & Assets
Business runs out of owners home with 150 sq ft home office, a cabinetry shop in his basement and rents two off-site storage units. 100 sq ft secured locker for on-site tool and material storage. Company also uses hospital space for staging projects.
About the Sale
Seller Motivation
Retirement
Transition Support
Owner will train during a negotiated transition period.
Financing Options
Some owner financing available to a well qualified buyer.
Listing Info
ID
2489332
Listing Views
379

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Bob Donaldson George & Company/CentralBrokers

Listing ID: 2489332 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.