Founded over 40 years ago, this profitable (with no debt), well-established company provides a variety of fire safety products and services. Services include fire extinguisher sales and services, kitchen and paint booth fire suppression systems, emergency lighting inspections, DOT Certified hydrostatic testing and recertification facility (up to 10,000 PSI), and more.
The Company serves over 3,000 customers (including Fortune 500, Government, Small & Medium Business) and has developed a loyal customer base. In addition, the Company captures revenue via retail 'walk-in' customers.
The Company is customer-focused, has generated steady revenue for decades and has lucrative opportunities for a sales and marketing-oriented buyer to grow the business and increase profitability.
The Company has never been sued, has never filed a fire-related insurance claim, and has never had a Better Business Bureau complaint.
The owner is seeking retirement and has decided to transition the Company to new ownership. The owner is willing to provide assistance to a new owner through a reasonable transition period.
Long-term Owner has been comfortable with financial stability. Untapped growth potential available to new ownership with sales/marketing perspective. 1) Additional Service Offerings 2) Enhanced Marketing Strategy 3) Revitalized Advertising Efforts 4) Expanded Retail Offerings and Service
1) Cash Flow Generation: The Company enjoys steady cash flow and the Company has no debt. Note that cash flow of $126,000 is after owner salary has been paid. 2) Established and Diversified Customer Base: Over the Company’s four decades plus tenure, it has developed a loyal customer base that has come to rely on the Company’s high-quality and reliable services. In addition, the Company serves a widely-diversified customer base in terms of size and sector. This customer diversity strengthens the Company’s stable revenue generation. 3) Competitive Pricing: The Company prices services competitively in order to satisfy customers without sacrificing profits. 4) Customer Satisfaction: Customers are very satisfied with the services provided by the Company (95+% recurring revenue). 5) Legally Required Service: Customers must have regular inspections and service, as required by National Fire Prevention Association (NFPA) Standards and enforced by insurance inspectors and local Fire Marshals. 6) Extensive Equipment Portfolio: The Company owns outright all the equipment required for the business. No need for further equipment investment.
The owner is seeking retirement.
The owner is willing to provide assistance to a new owner through a reasonable transition period.