Status: Off The Market
A rather unusual opportunity to acquire a very well established and one of South Florida's leading Fire Protection Companies with a very strong growth record. First established in 1998, the company has experienced continual growth in both Revenue and Net Income year on year, and is poised to further expand as the industry continues to experience strong demand for Life Safety Systems.
The company's scope of work encompasses Existing Fire Sprinkler Inspections, (required at least annually in Florida), Sprinkler Maintenance & Repair, and the Installation of New Fire Protection Systems, Fire Pumps, Standpipe & Hoses, Fire Hydrant and Backflow Preventor. The area of operations generally is throughout the South East Florida region, although some overseas work is undertaken from time to time.
There is a well trained employee base in place, with a full team of systems designers and engineers on staff. The company does all its own architectural plans. All staff have been with the company for many years and are fully trained in all aspects of their jobs. Accordingly, the company exhibits superior technical acknowledge throughout its operations, and has therefore built an excellent reputation for excellence and commitment to quality and customer service. As a consequence, a large part of its business is obtained through customer referrals and preferred sub-contractor status with Management firms.
This industry continues to be one of the most profitable parts of the Construction sector. Within Florida, It is completely NON seasonal, unaffected by weather, hurricanes or the seasonal flow of residents. Accordingly the business generates an even cash flow throughout the year. As with most companies in the area, there is a significant forward order booking on hand at all times. The company does some limited marketing and has an excellent website. The company has an excellent reputation throughout the area which should allow it to continue to grow at a steady pace.
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|Industry:||Engineering & Consulting Services|
|Classification:||United States // Southeast States // Florida // Hialeah|
|Sales:||Between $5 Million And $10 Million ($5,189,936)|
|Profits:||Between $500 Thousand and $1 Million ($615,054)|
|Profit Type:||Earnings Before Interest, Taxes & Depreciation (EBITDA)|
|Asking Price:||Between $2.5 Million and $5 Million ($2,800,000)|