City/Region: Kent County
Listing Price: $275,000
Cash Flow: $87,025
Equipment Value: $160,000
The Company is an established West Michigan-based provider of fire hose, ladder, hard suction, nozzle, and appliance testing for fire departments as required by the National Fire Protection Association (NFPA). The services the Company provides MUST be completed by fire departments no matter the economic and environmental circumstances. Historically, fire departments are ill-equipped to perform these services internally due to volunteer resources and lack of expertise in carrying out these mission-critical testing services. The Company has not been negatively affected by COVID-19 and expects to be running full steam once the stay-at-home order has been lifted.
The Company is owned and operated by full-time firefighters. Ownership has enjoyed running the Business and have laid out a clear path for growth; however, they are limited by the time required by their full-time occupations and the majority owner’s desire to slow down.
This is a fantastic seasonal business that is perfectly setup for an entrepreneur that wants to work hard but also have time during the winter months for travel and recuperation!
Opportunities For Growth:
(1) Increase the Nozzle and Appliance Testing Service
(2) Fire Hydrant Testing
(3) Setup Indoor Testing for Year-Round Hose Testing
(4) Add More Crews
(1) Required Safety Service Offering
(2) Large Serviceable Market
(3) Lack of Competition
(4) Long-Term Customer Relationships
(5) Cooperative Resources
Real Estate Available: For lease
Reason For Sale: Pursue other opportunities
Number of Employees: 26