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Asking Price$500,000
Revenue$1,800,000 Established2008
Cash Flow$220,000 Employees7 full, 0 part
FF&E$150,000* FranchiseNo
Inventory$10,000* RelocatableYes
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
Fire sprinklers are quickly becoming law of the land in Illinois.As of this writing most towns have a commercial sprinkler ordinance and 90 towns, mostly on the outskirts of Chicago have a residential ordinance. Soon all new construction will require fire sprinklers.Read the most recent news on fire sprinkler ordinances in Chicago land. It almost made law. This past year but was shot down.The law will resurface again. We are a Union company.This business would be ideal for someone already in the sprinkler field who wants to own there own business. The revenue would depend on how hard you want to work. We are notified daily for new projects out for bid by our lead generation services. We bid on jobs daily and have contracts in place right now being completed.We have done many Walmarts,Walgreens Aldi's  The selling price includes vehicles,and all the tools to be in the Fire sprinkler business. You would also receive the proper software and computers to design sprinkler systems. I own a different type of business that is successful in its own right and I can only give one of them my full attention. The buyer would need working knowledge of the fire sprinkler business or hire people to run this type of business. Current office employees plan on staying which include a saleman/project manager and a junior engineer who designs and lists the materials.You will have to have a nicet 111 certification or hire and individual with that certification.Asking price includes our established vanity phone number.We also own our own scissors lifts and some other heavy machinery. 2011 we did $800k in sales. 2012 we did $1.5 m in sales and 2013 was $1.9 m. I am looking for a quick sale.I am nearing retirement age.
Facilities:Currently renting a facility
Competition:There are currently about 35 Commercial fire sprinkler contractors local to Chicago but maybe 200 registered in Illinois. We are a small union company and very trim competitor.
Growth Potential:The growth potential is very high.
Training/Support:There would be an initial 3 month support from the current owner at current pay scale if needed.
Seller Financing:There is no seller financing
Sale Reason:I have 2 businesses now. I also am close to retirement age.Not enough time to manage both effectivel
Ad #56782
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