Huge Margin Safety Equipment Testing Business

CT

Seller Financing Available
Huge Margin Safety Equipment Testing Business
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Asking Price: $280,000

Cash Flow: $61,032

Gross Revenue: $217,460

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Established: N/A

Huge Margin Safety Equipment Testing Business

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Business Description

This Company has been providing safety equipment testing and compliance services for municipalities all over NY, CT and RI for 10 years. The customers have provided recurring revenue and significant growth over the last decade because of increasing demand in the safety industry, high quality work and proprietary equipment which has expanded the Company's reputation. The Company was started in 2008 and has grown to over half a million in gross revenue and steadily in excess of over 200k in EBITDA.

Due to logistics, the owner is selling his protected CT and RI territories with the necessary equipment, trucks and trailers valued at over $100,000. The CT and RI Territories operate at about a 30% profit margin which can easily be increased by a more centralized owner and less overhead such as fuel. Good SBA Candidate

CT/RI Sales
2015 - $184,155
2016 -$ 227,918
2017 - $217,450

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Low competition and a lot of recurring business.
Growth & Expansion:
Huge. Previous owner was traveling to CT and RI from NY which drove up fuel, vehicle maintenance and costs tremendously. New owner can spend less time traveling and more time growing the business. Unlimited potential
Financing:
270000.00
Reason for Selling:
other interests
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Kevin Hickey

Business Listed By:
Kevin Hickey

Transworld Business Advisors

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Sponsoring Broker:
Chuck Bortnick

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