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London-Based Independent Fire Protection Specialist Business Up for Sale

Undisclosed

CONFIDENTIAL SALE

  • Leasehold: Price on Application
  • Turnover: £800,000 (£15,385 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Independent Fire Protection Specialist – Based in London

Overview

The company specialises in the supply, installation and maintenance of comprehensive fire safety systems.

The business’s product range includes domestic smoke alarms, fire alarms, fire extinguishers, and emergency lighting.

With extensive expertise in repairs and fire risk assessments, the company has become the go-to business for many large organisations when urgent and critical tasks need to be completed.  

Our client is now offering the business for sale to facilitate retirement plans.

Offers invited.

Key Highlights

- Designs user-friendly fire alarms bespoke to the individual needs of the client, whilst ensuring to meet current fire safety legislation and insurance requirements.

- Provides a 24-hour rapid response service all year round, to assist in a wide range of emergency situations.

- Has cultivated a suite of prestigious accreditations, including BAFE, CHAS, NAPIT, and Constructionline.

- Serves local authorities, housing associations, and landlords. 
Benefits from 150 active clients, 88% of which provide reliable streams of ongoing revenue.  

- Significant scope to develop via the recruitment of additional engineers, as well as sustained investment into the infrastructure to increase the company’s current service offerings.

Financial Highlights

- YE23 turnover in excess of £812k.

- Adjusted EBITDA of circa £92k achieved within the same year.

- 40% of revenue is generated via contracts in place for fire risk assessment work, providing reliable streams of ongoing revenue. 

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Listing Statistics

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Independent Fire Protection Specialist – Based in London - 156840 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.