Oct 9, 2019 — This 19 year old Life Safety business is a NICET 4 Fire Alarm Specialist, about 80% of the systems are fire alarms.
The business is licensed in 3 states, PA, DE and NJ with a large client base in Philadelphia. It has more than 130 monitored accounts producing $60 to over $75 per month and over $12,000 per in R.M.R.(Recurring Monthly Revenue). Each monitored account is worth $1,200 or 40 times the R.M.R. The business has a solid foundation and is on course to producing 25-35 new installations or major additions to systems each month. The business has a high client retention rate with many long-term customers and a low attrition rate of only 5% annually.
The seller will not only stay on for one year for a smooth transition to the new owner, but will also be a key member of the new owner's sales team adding additional accounts.
We are Experts and Specialists in the Life Safety-(fire extinguisher, sprinkler, alarm and security) business and have several listings in the life safety space. Be sure to ask about our other listings nationwide.
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