Business For Sale. Design, Installation, Service & Maintenance Of Fire Protection Systems

Design, Installation, Service & Maintenance
of Fire Protection Systems

Ref.IQ012
Location Sussex
Asking Price £ 775,000
Established almost forty years ago and based in the heart of Sussex, this business is one of the area’s leading contracts, installation, service and maintenance businesses operating in the fire protection industry.

An NICEIC, BAFA and ECA approved contractor, this business designs, installs, maintains and provides 24 hour emergency call-out for all kinds of properties, ranging from small guest houses, hotels through to schools and colleges but it is within the transport sector where this business is perhaps best known having developed a particular expertise in the specialist requirements of transport hubs, working either with the main contractor or directly for Clients which includes some of the biggest transport operating companies in the UK. Such is the demand for its services that electrical contracting, which for many years was a vital contributor to the overall turnover and profitability of the business, now very much takes a back seat to its fire protection work.

Mainly covering the south east corner of England, with a fleet of vans and a team of highly qualified and experienced installation/service engineers, this business provides the full range of fire protection and security services including fire detection systems, fire extinguishers, emergency lighting systems and CCTV systems installing all types of fire alarm – conventional and fully addressable, designed to meet detailed customer specifications and built to the latest British Standards.This is a full service business – providing full documentation throughout the contract including site surveys, Method Statements, Risk Assessments, drawings and full certification for all projects. And having been involved in the design and installation process and by generating high levels of customer satisfaction with engineers on call 24/7, 52 weeks per year, this business invariably picks up the service and maintenance contracts. So much so that service and maintenance income represents a signifcant proportion of overall turnover. Even more lucrative.is the income from breakdowns and call-outs, with this business attending 400 incidents on average each year.

Expansion Potential
Having been established for so long, the current Owners have little need for significant investment in sales and marketing. Investment in sales resources – to date the current Owners have undertaken all sales efforts - and a new website would have a significant impact on turnover and profitability. Having recently achieved BAFA registration the expectation is that this will significantly increase the number of leads available to the business alongside the requests it continuously receives to tender for contracts from existing and ex-customers.