30-Year-Old Profitable Fire System Installers with Clients Like ITC is Looking for a Full Exit
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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.
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₹10 to ₹200 Cr
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