Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Value-added Installer Of Fire Control Systems

LISTING DETAILS
Firms For Sale ID:
26752
Vendor reference:
2314
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed  
Turnover / revenue:
$3,250,000
Net profit / cashflow:
$402,500
Years established:
1998
Number of employees:
40

OTHER DETAILS
Support and training:
Highly experienced middle management team and staff to remain. Principal involvement in the transition as necessary.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
The Business for sale is a highly successful design/build, non-union contractor offering start to finish fire sprinkler installation services across a major Mid-Atlantic metro area. Specializes in the design, fabrication, installation and inspection of new (50 percent of sales), and retrofitted (50 percent) fire sprinkler systems. A healthy historical installation base demonstrates the company’s diverse capabilities, with completed projects featuring applications for residential, commercial, office, retail, medical and institutional facilities.

Clients prefer the company for its well-known orientation toward customer satisfaction, which stresses cooperation and flexibility. Procures projects both on a negotiated basis (due in great part to the company’s high level of repeat and referral business) as well as through open bid. Benefits from a proven operating platform, complete with a solid middle-management team and experienced staff. Though management currently chooses to aim for sales between a comfort range of $4 million to $5 million, the company could reasonably achieve growth well beyond current projections under the direction of an enthusiastic investor. Fiscal 2011 sales are forecast to approximate $3.25 million with corresponding EBITDA of $402,500 (12.4 percent margin).