DescriptionThis relocatable fire suppression contractor business is for sale. They install fire retardant and resistant materials in commercial and residential buildings. Additionally, they provide inspection and consultation services, fireproof patching, firestopping, and acoustical caulking. Using sprays, sealants, and insulations, they ensure their clients buildings are safe.
This contractor works with clients in the following industries:
• Hospitals
• Large Healthcare Facilities
• Educational Institutions
• Arenas
• Sports Venues
• Commercial and Industrial Buildings
• Residential Buildings
Most work is done on new construction. However, they also do work on renovation projects. Currently, the majority of their clients are healthcare facilities and commercial buildings. Most work comes either from bidding platforms or directly from contractors. The Sellers actively maintain relationships with contractors through direct outreach. The typical project size ranges from $2,500 to $1.5 million. Timeframes to complete the project vary based on size and schedules. They complete approximately 70 projects per year.
As of August 2024, in the Midwest, overall construction spending increased vs. 2023 spending. This is good news for this contracting business. More new buildings means more work. It’s central location means access to major highways. It also allows them to easily provide services to states throughout the Midwest.
If you work in the fire suppression industry and want to expand, this is your opportunity! With the acquisition of this business, you strengthen your presence in the Midwest. Contact us today to find out how make this business yours!
Investment Considerations:
• Relocatable Business
• Established Reputation
• Offers Specialized Services
• Well-Trained Staff
• Equipment in Good Working Order
• Poised for Growth
Market & CompetitionThis company is part of the drywall and installation installers industry. In Indiana, over the five years to 2029, the industry is expected to grow to reach $762.8 million. The number of establishments is also expected to grow.
Competition comes from other businesses throughout the Midwest.
Growth OpportunitiesThere are ample opportunities for a new owner to grow the business. These include:
• Creating & Using a Comprehensive Marketing Plan
• Hiring a Sales Team
• Target Other Customers (e.g. Apartment Buildings, High Rise Towers, etc.)
• Offering Maintenance Plans to Existing Clients
• Expanding Outside the Midwest