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Deal Flow: Fire Protection System Design & Service
Is this Stable, Recurring Revenue Opportunity Your Next Big Move?
Let’s dive into what might just be your perfect ETA opportunity — a Fire Protection System Design & Service business. It’s a mouthful, right? But here’s the thing: this company is the peanut butter of solid, dependable business — smooth, reliable, and sticking around for the long haul. Let’s break it down Tim Urban-style:
We’re looking at a business that churns out stable, recurring revenue, thanks to a hearty roster of long-term contracts and a rock-solid reputation to match. It’s generating $318,185 in cash flow. Add in $1.5 million in Furniture, Fixtures & Equipment (FF&E), and you’ve got a foundation so sturdy it could survive a Florida hurricane. But wait — there’s more! You also get the option for real estate, which adds a juicy layer of flexibility, plus seller financing to grease the wheels and make the deal that much smoother.
Let’s talk numbers. The asking price is $2.95 million. Is that a lot? Well, considering the cash flow, the assets, and the fact that this business has been chugging along just fine, it seems reasonable. You’re not just buying a company; you’re buying a machine that’s been running on all cylinders with room to grow.
However — and there’s always a “however” — there are some things you’ll want to pay close attention to. First off, the contractor competency license. You can’t just walk in and start putting out…