Buy a Business

Fire Sprinkler Inspection & Repair Co.

FOR SALE  -- NORTHERN VA.

Dennis V. Riley – Broker  “COACH” To The Fire Sprinkler Industries

Cell  240-462-8220    dennis@beltwaybrokerage.com

This 10 year old Fire Sprinkler Company does not Install New Fire Sprinkler Systems, he dose the Required Annual Inspections and takes care of any required repairs and most importantly the required additions to the systems. All Fire Sprinkler have a “Water Backflow device” that also must be inspected each year and a certification and Inspection must be sent to the Water Authority.  The same building has a 2nd Water Backflow that feeds the Bath rooms and kitchen water needs, this is another Inspection Invoice for about $195.  The Inspector-Technician can do about 5 Inspections per day.  When a inspection Fails, a “Rebuild” or repair can be a $1,000 or about every 15 years when the Inspection Fails a New System need to be installed at an average cost of $4,000.

The New owner should consider adding Fire Extinguishers Sale & Services to this Business every Customer with a Fire Sprinkler has Fire Extinguishers that must be inspected each year the same technician can do Both Inspections and create another invoice.  Fire Extinguisher have a 110% mark-up.  This Business has about 12 “Profit Center”, the Life Safety Industries have over 50 “Profit Centers” a new Owner will want to expand their Business by adding Profit Centers.

This Business is FOR SALE for a FIRM $195,000.  This Business is a One Person Business with an expected $300,000 in sales and a net to the owner of about $85,000, but the Good News is the Owner is ready to put 3 new “Route Sales Trucks on the road with technicians, each Truck will do $300,000 of New Sales with additional Net income to the owner of $35,000 per truck or a net of $190,000 per year.  The Business when it reaches that level should now be worth about $595,000,  In about 18 month you can make that $400,000 in Equity Gain.

This is not “Pie In The Sky”  Dennis Riley the Broker who has this Businesses Listed FOR SALE  has Bought, Built & SOLD 31 Alarm-Security & Life Safety Businesses In 17 Cities Nationwide. Most of these Companies he Paid $100,000 to $200,000  ran them for about 23 years and sold each one for about $1 Million Dollars.

Every Fire Sprinkler System must be monitored by a UL Central Station, in 3 years you should have about 1,000 Monitored ,Systems, they are worth a solid Million Dollars when you are ready to Sell them.  You get about $45 per month to Monitor a small system.  You pay the Central Station  about $8 per month, the Rest is Profit, these Customers last for 9 to 11 years or much longer, that is why they are so valuable.  The Seller may be interested in holding a note for part of the sale price.

For More info and other good news Call Dennis Riley at 240-462-8220 or send Dennis an E-mail   dennis@beltwaybrokerage.com

Or call Garvin DeShazer @ 602-328-4353