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Huge Margin Safety Equipment Testing Business
Location: United States -> Connecticut
Industry: Business Services > Security and Protection Services




Business Summary

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


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $217,460
Cash Flow:   $61,032
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Reason For Selling:  other interests

Photos

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Huge Margin Safety Equipment Testing Business Photo 1




Print Listing Id: 700324174
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Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers



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