Fire Safety Installation and Extinguisher Services

Status
Available
Client Number
A238
Executive Summary

This long established Company provides exceptional fire safety services to customers (approximately 2,000 unique customers annually) in the industrial and commercial contracting markets.   In support of customer requirements for complying with state and municipal codes, the company offers service and distribution of fire extinguishers and pre-engineered special hazard fire suppression systems to industrial businesses, hospitals, restaurants, schools and auto repair customers.    

 

Sales are generated through the company’s decades-long reputation for providing the highest quality services and cutting edge technology to a diverse customer base.   Operating in an area with a considerable base of commercial and industrial businesses, the company sees strength in specialty restaurant applications and estimates current market share at less than 5%.  A significant opportunity exists in expanding current services or adding other services to core business.

 

This opportunity is expected to be an excellent opportunity for either an individual looking for a growth business or a strategic buyer as an add-on acquisition. 

Financial Information
Financial Metrics
2017 2016 2015 2014
Sales $1,028,371 $877,883 $772,560 $812,581
EBITDAS $240,922 $199,712 $173,137 $167,893
EBITDAS: Earnings Before Interest, Taxes, Depreciation, Amortization and Owners Salary.
Deal Structure
Price
Open to Offer
Other Information
Ownership Type
C Corporation

Location:                               Suburban Chicago

 

Established:                          Long established

 

Ownership:                            “C” Corp

 

Facilities:                               Leased

                                               

Rent:                                      $990/mo.  plus taxes, maintenance and insurance.

 

Hours of Operation:            Monday-Friday 8:30 AM to 4:30 PM

 

Employees:                           7 full time non-union

                                                1 part time

 

Reason for Sale:                  Retirement

 

Training:                                The owner will assist the buyer during a customary transition period.