Huge Margin Safety Equipment Testing Business

www.GlobalBX.com

Listing ID: 700324174

Listing Title: Huge Margin Safety Equipment Testing Business

Quick Link: http://www.globalbx.com/listing.asp?bId=324174

Industry: Business Services

Industry Segment: Security and Protection Services

Country: United States

State / Province: Connecticut

Area

City:

Asking Price Range: $250K - $500K

Gross Revenues: $217,460

Cash Flow: $61,032

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2018

Number of Employees: 1 - 3

Business Description:
This Company has been providing safety equipment testing and compliance services for municipalities all over NY, CT and RI for 10 years. The customers have provided recurring revenue and significant growth over the last decade because of increasing demand in the safety industry, high quality work and proprietary equipment which has expanded the Company's reputation. The Company was started in 2008 and has grown to over half a million in gross revenue and steadily in excess of over 200k in EBITDA. Due to logistics, the owner is selling his protected CT and RI territories with the necessary equipment, trucks and trailers valued at over $100,000. The CT and RI Territories operate at about a 30% profit margin which can easily be increased by a more centralized owner and less overhead such as fuel. Good SBA Candidate CT/RI Sales 2015 - $184,155 2016 -$ 227,918 2017 - $217,450



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