Fire Protection & Accreditation Services & Equipment

Business Sold Brookvale, New South Wales 2100

Business Category Repair

SOLD

Description

Fire Protection & Accreditation Services & Equipment

Established in 1997 to provide fire protection and accreditation needs, including Fire Safety Programmes, Fire Protection Equipment Inspections, Fire Training, and Fire Certificate Consultations throughout NSW. Proudly Australian owned and operated. The business aims to always exceed the expectations of their clients. Strong client base relationships with annual contracts in place, thereby providing a valuable source of annuity income to the business.

Key Features:

Established in 1997 years ago by the vendor with a reputation for quality and reliable service. Owner now wishes to retire.

Net Profit of $362,000 before owner's wage 2023

3 x Full time employees in the filed plus owner and 2 admin staff.

This business services approx. 1,000 + customer sites annually or bi-annually.

Repeat business from over 80% of customers with many contracts in place. Mostly B2B.

The owner has increased the customer base through referrals only - no marketing has been done

5 to 5.5 days per week with occasional inspections on Saturdays.

Very stable business model with years of consistency with the current clients. New contracts recently confirmed will add an additional income of $160K per annum.

The services provided by this business is an essential service and needed to comply with accreditation laws and each companies' own Quality Management Systems or accreditation requirements. NSW Govt. and Council requirements for Commercial and Residential buildings to have Annual Fire Statement submitted, which involves annual or bi-annual inspections and in some cases monthly inspections.

This is a service industry that cannot be disrupted or replaced by the internet.

The business provides essential fire protection services and equipment.

Enormous scope for scalability if a new owner wishes to employ additional qualified staff to expand into other areas.

Ideal as a "bolt-on" to an established business in fire protection services.

Contact Seller

Bsale ID: 578238
Broker REF: 3356670

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