Apr 6, 2020 — 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.
Learn More About This Listing
Sign up for a free basic membership to start buying and selling. Learn about our membership plans.
Disclaimer: DealStream has not independently verified any of the information in this post and makes no warranty as to its accuracy or completeness.