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).