Testing of Fire Hydrants w/ 65% Margin

Maricopa County, AZ

Seller Financing Available
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Asking Price: $385,000

Cash Flow: $131,128

Gross Revenue: $203,192

EBITDA: N/A

FF&E: N/A

Inventory: $40,000

Established: 2011

Testing of Fire Hydrants w/ 65% Margin

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Business Description

This fire hydrant flow testing business would be a great bolt on opportunity with a 65% profit margin in 2018. Civil engineers account for 70% of the client base using their testing services before and during project development. Providing timely water supply testing and analysis to clientele, this business has an efficient process established and quickly obtains permits to get the job completed.

$10,000 of equipment includes log reporters, (8) diffusers, gauges, walkie talkies and more high-quality equipment. Ongoing yearly contracts with municipalities are established as well as a loyal client base with jobs in place.

This business is efficient at setting up and performing fire flow tests in Arizona (80%), regionally (15%) and nationally (5%) including hydrant static pressure data logging services. Corporate clients enjoy the ease of calling one company to determine current water supply conditions prior to purchasing land, which can lead to tremendous savings and more informed decisions.

Generating $131,000 of cash flow, the owner is currently providing oversight. One full-time employee or two part-time employees would be able to handle the current work load. This business is a part of an established engineering and construction firm and the owner is selling as the high demand for this service is taking away from his core operations. Willing to train a new owner for 60-90 days, he is looking for a buyer that can continue to grow the fire hydrant testing services.

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Detailed Information

Location:
Maricopa County, AZ
Inventory:
Included in asking price
Employees:
2
Facilities:
3,200 sq. ft. shared office space + 2,500 sq. ft. closed yard (Buyer may lease existing work space or relocate)
Growth & Expansion:
Additional employees to take on more testing, expanding nationally to a diverse clientele
Financing:
10% Seller Financing: $38,500
Support & Training:
60-90 days
Reason for Selling:
Business growth
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Cortney Sells

Business Listed By:
Cortney Sells

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