Description
The company provides installation, service and inspections of all manufacturer fire alarm systems in the state of New Hampshire and Northern Massachusetts. The current owner has over 30 years experience in the fire alarm and life safety industry. Company has been in business for over 10 years. The business specializes in servicing the healthcare, education, property management and local government markets. The Company has an experienced, tenured and reliable staff with great customer relationships and annual contracts in place.
Detailed Information:
Business Price: $495,000
Revenues: $619,746
Inventory: $45,000, included in asking price
Furniture, Fixtures, & Equipment (FF&E): $53,000, included in asking price
Sellers Discretionary Income: $208,341
Real Estate: Leased
Facilities: The Business occupies and leases a 2150 SF space in a small center on the Seacoast. The location has easy access to major highways and ample parking.
Competition: The Business has a number of competitors in their market but not all offer the extensive product line and services; focus predominantly on New Hampshire, and able to be responsive 24/7 while receiving such positive reviews from customers.
Growth & Expansion: The Business provides high quality products and services to a significant number of repeat customers. They struggle to keep up with the current demands of the business and in turn, pass on plenty of opportunities. They spend very little on marketing since it’s not a priority. They could easily expand their product and services by offering security alarms. This would bring in another source of revenue from their existing customers and new ones. A professional and seasoned businessperson could be able to identify these opportunities and more.
Support & Training: Seller is willing to stay on as an employee or for a period of time to assist in support and training.
Reason for Selling: To reduce responsibilities and slow down