Annuity income from required safety checks.

New England

Annuity income from required safety checks.

Asking Price:$2,900,000

Cash Flow:$675,000

Gross Revenue:$3,100,000

EBITDA:N/A

FF&E:$550,000

Inventory:$175,000*

Established:N/A

*not included in asking price.

Annuity income from required safety checks.

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Business Description

Growing safety products & services is great opportunity

This safety company represents an exceptional opportunity for a new owner. It is the dominant safety business in the market served. It enjoys a very good reputation in the community and with its customers that has been nurtured and developed over its 50 year history. It has continued to grow and expand using a business model that suggests that trend can easily continue. Revenues are generated from a high repeat custom business as well as annual inspections and upgrades to meet code requirements. The staff is loyal, trained and experienced in addition to being well compensated in the market served. The vehicles and equipment used in the business has been well maintained and are replaced on a regular schedule. Very little capital expense is forecast. Acquisition of this business will provide excellent returns of investment and assets for the buyer. The seller is committed to a transition that will ensure the success of a new owner

Detailed Information

Inventory:
Not included in asking price
Employees:
17FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates from its headquarters building. The building contains offices, a work area and inventory storage in its 5,200 square footprint. It sits in a commercial park located near major highways and the interstate. The building is owned by the sellers of the business who will negotiate a fair market lease or lease / purchase or will sell the building outright.
Competition:
There are two smaller competitors in the market but this company clearly is the dominant supplier.
Growth & Expansion:
Areas of growth include:1-Continue to acquire other small regional companies. 2-Expand the territory served as the remote technician business model is working. 3-Add an additional sales person. 4-Consider adding complementary products and services. 5-Further develop the web presence as a sales tool.
Financing:
Seller will consider 10% of price in a seller note.
Support & Training:
Seller is committed to a new owners success and will provide the necessary transition.
Reason for Selling:
Retirement

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Country Business Inc.

Business Listed By:
Country Business Inc.

Country Business, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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