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  3. West Bengal
  4. Kolkata
  5. SL006772
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30-Year-Old Profitable Fire System Installers with Clients Like ITC is Looking for a Full Exit

Listing ID: SL006772
Posted By: Owner
Last Active: 1+ year ago
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About Business

We install and commission fire system for large projects like stadiums, auditoriums, hotels, etc. We also provide manpower for fire safety to companies like ITC and have an annual maintenance contract with hotel and hospitals

Clientele type

Renowned Hospitals, Auditoriums, Hotels, High court, and etc.

Premises

Most of our business is from our current clientele

Asking Price Includes

skilled manpower, clientele, complete business, goodwill

Reason

I am 65+ and I am not being able to devote the time that is necessary

More Details

This Fire system installer business is operational since 1984.
It is a 30-year fire system installer. They install and commission fire system for large projects like stadiums, auditoriums, hotels, etc.
They also, provide manpower for fire safety to companies like ITC and have an annual maintenance contract with hotel and hospitals.
It also provides Automatic/Manual Fire Alarm and Detection Systems (both conventional and intelligent).
Their suppliers are basically from Kolkata.
Their biggest asset is there HNI clients.
They receive on an average 6-7 contracts per year.
With fire becoming a compulsory requirement for all building above 5 floors most of the building in Kolkata have received notice from the fire department to upgrade their system.
This gives a huge opportunity to expand the business not only in Kolkata but across Bengal.
Turnover for the year 2018-2019 was above INR 50 lakhs.
Asking price is INR 25 lakhs.

Keywords

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Business Tags

Quality Products with Brand name

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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