Friday, January 4, 2013

Exciting New Listing- Collision Repair and Measuring Center


This company has built its long-standing (25+ years) reputation on fulfilling the needs of its customers in a quick and professional manner. The timeliness, efficiency and reliability of its employees are the trademarks for its success. The company prides itself on customer satisfaction and service excellence.

 

The following illustrates some of the competitive advantages realized by the Company:

 

·         The owners estimate that approximately 85% to 95% of their business comes from insurance contracts, the balance from both the independent companies and walk in business.

·         The company has the distinction of being an I Car Gold Class facility.

·         They recently converted to water-based paint in order to meet  compliance standards.

·         They offer both rental cars and loaners for their customers.

·         They are located in one of California’s fastest growing counties.

·         They have beautiful facilities including an office (3,016 sq. ft.), a paint shop (5,000 sq. ft.) with two (2) spray booths, and an auto repair shop (3,750 sq. ft.) which also contains a small office. There is also a large fenced and secure yard available for additional storage and future building.

·         The company currently employs well trained and certified employees.

·         The business has two primary competitors; and is considered one of the market leaders.

·         The sellers own the real estate and will offer a lease with an option to buy.

The company has grown in sales and earnings despite recessionary pressures in the economy.

The owners are looking to retire and will provide up to four weeks of transitional training.

List price of the business is $950,000 which includes Furniture, Fixtures, and Equipment.

Exciting New Listing- Fire Alarm Systems


This established company (founded in 1965) is primarily in the Commercial and Industrial Fire Alarm systems business, however they also do security systems, sound and intercom systems, nurse call systems,  and CCTV / camera / surveillance systems.

They have expertise in all phases from planning, system design, installation, as well as retrofits and service of old and new systems. They also distribute equipment to electrical contractors and other qualified customers. The company primarily sells to surrounding acute care hospitals and clinics, as well as convalescent hospitals. They also provide services to apartment buildings, hotels, and other commercial customers. Another service provided is Fire Alarm System testing. 

 

They have established excellent relationships with their customer base, and are thought of as the only place to call. Most of their business is referral or repeat business.

 

They possess a California C-10 license to conduct fire alarm contract work and also have (the) NICET certification. They are also members of the National Fire Protection Association (NFPA).

The company is fully insured and bonded. The company is a State Certified Small Business.

 

The company is having an excellent year and projects sales of approximately $420K in 2012. They currently have projects in backlog totaling $277K. Annual recurring service revenue currently totals $67K. Excellent opportunity to grow the business with a strategic marketing plan.

 

This acquisition opportunity is ideal for existing fire alarm company owners looking to open a new market, someone familiar with the industry, or someone unfamiliar with the industry who has good business and management skills and who likes dealing with customers.

 

The list price for the business is $119,000, The sellers are looking for a cash buyer. They are willing to train a buyer in the business for two weeks at forty (40) hours per week. The seller is willing to continue training as needed for up to six months, with wages. The owner is planning to retire.