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Fire Door Life Safety Services And Specialty Contracting For Sale

Massachusetts, US
Asking Price:
$800,000
Sales Revenue:
$1,200,000
Cash Flow:
$382,000

This Boston-based company provides life safety fire door inspection, repair and replacement services to one of Boston’s premier hospitals and healthcare provider systems. Currently life safety work is over 50% of total revenue. The owner is working to expand fire door services into several additional Boston healthcare institutions.

The regulatory driven annual fire door inspections require documenting defects and repairing or replacing failed units as part of the yearly certification process. No state licensure is required; instead, inspectors must take a 3-day training course.

The business also works with facilities management departments, providing small to medium-sized mission critical specialty contracting and remodeling services on a non-competitive price basis. 25% of EBITDA comes from markup on products, materials, and supplies used in project work and sold directly to in-house facilities and maintenance departments.

Subcontractors execute most of the work while the owner focuses on business development, client maintenance, project management, and administration.

The ideal buyer will have healthcare facilities services and/or construction management experience, business development strength, and be able to commit to an on-site presence.

Expandable Regulatory driven life safety business

* 50% of the growing revenue is fire door inspection, service and replacement

* More than half a million in new revenue pipeline for 2026 and 2027

* High barrier of entry to competition

* Non-competitive bid project award

* Sticky client base

* Loyal pool of proven subcontractors and suppliers

Property Information

Premises Details:

Business runs out of owners home with 150 sq ft home office, a cabinetry shop in his basement and rents two off-site storage units. 100 sq ft secured locker for on-site tool and material storage. Company also uses hospital space for staging projects.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Employees:
3 (1 full-time; 2 part-time
Years established:
16

Other Information

Support & training:

Owner will train during a negotiated transition period.

Home based:
This business can be run from home
Relocatable:
This business can be relocated