MergerPlace

Fire Department Testing Service

Michigan (Kent)


  • Asking Price: $275,000
  • Gross Income: $448,419
  • Cash Flow: $87,025
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $160,000
  • Listing ID: #221118
  • Established: 2008
  • Employees: 26

Business Description

The Company is an established West Michigan-based provider of fire hose, ladder, hard suction, nozzle, and appliance testing for fire departments as required by the National Fire Protection Association (NFPA). The services the Company provides MUST be completed by fire departments no matter the economic and environmental circumstances. Historically, fire departments are ill-equipped to perform these services internally due to volunteer resources and lack of expertise in carrying out these mission-critical testing services. The Company has not been negatively affected by COVID-19 and expects to be running full steam once the stay-at-home order has been lifted.

The Company is owned and operated by full-time firefighters. Ownership has enjoyed running the Business and have laid out a clear path for growth; however, they are limited by the time required by their full-time occupations and the majority owner’s desire to slow down.

This is a fantastic seasonal business that is perfectly setup for an entrepreneur that wants to work hard but also have time during
the winter months for travel and recuperation!

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Business Details

Primary Business Category: Services - Other Services
Location: Michigan
County: Kent

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 26

Financial Information

Asking Price: $275,000
Gross Revenue: $448,419
Cash Flow: $87,025
EBITDA: $68,334
FF&E: $160,000
Seller Financing Available: Yes

Property Information

Facilities:

Leased office space (200 sq. ft.) and leased facility (1,500 sq. ft.)

Growth & expansion opportunities:

Growth and Expansion Pros and Cons: (1) Increase the Nozzle and Appliance Testing Service (2) Fire Hydrant Testing (3) Setup Indoor Testing for Year-Round Hose Testing (4) Add More Crews

Competition:

Investment Highlights Include: (1) Required Safety Service Offering (2) Large Serviceable Market (3) Lack of Competition (4) Long-Term Customer Relationships (5) Cooperative Resources

Reason for selling:

Pursue other opportunities

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC