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Sold. Fire Alarm, Security & Access Control Systems Installation Engineers

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The Managing Director overseas the business but is NOT involved on a day to day basis. Other shareholders are sleeping partners. The vendors have put a team in place who run the business. The business also employs the following personnel. 1 FT Sales/Project Manager 1 FT Project Manager 1 FT Administrator 1 FT Apprentice 1 FT Trainee 1 PT Accounts In addition to this the business has a pool of trusted sub-contractors who it can call upon as and when required. These companies have worked with the business for many years and are reputable and trustworthy.

Reason for selling:
The vendors are planning their exit strategy. They also have other business interests.
Support and training:
The vendors are happy to provide full business familiarisation and handover to ensure continuity of trading and a seamless transistion. This should be a relatively strightforward process as the busienss has key staff already in place and the busienss is NOT dependant on the current MD.
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Fire Alarm, Security & Access Control Systems Installation Engineers
Ref. GK286
Location : East Midlands
Asking Price : GBP 250,000
Established some 6 years ago this highly respected and accredited company provides a comprehensive design, supply, installation and maintenance service to a range of desirable commercial customers who require Fire, Security, CCTV and Access Control systems in commerical and industrial buildings.
The company provides a complete turnkey solution to clients on a local, regional, and if need be national scale. It has vast experience in all aspects of fire and security and can supply systems suitable for most environments, be it high hazard installations, large commercial developments or hospitals right through to small retail units. Its range of services includes:
Fire Alarm systems
Intruder Alarms
Access Control
Project installation/training
Service maintenance
Gas suppression systems
Integrity systems (stratus)
Central station monitoring (24hour alarm monitoring)
Emergency lighting installation/maintenance/testing
The company prides itself on the quality of its products, engineering knowledge and consistent delivery of services. This is illustrated through the accreditations the business holds and the fact that it is an approved supplier to a number of major organisations who have large estates to manage (including NHS). Because of this the company has developed a very impressive base of blue chip customers, both directly and indirectly, who are fuelling the rapid levels of growth this business is currently enjoying in terms of new installations and ongoing maintenance and service contracts.
The company is BAFE and FIA accredited and as part of this has excellent quality management systems in place to meet stringent audit inspections every 12 months.
The company services customers within both the public and private sector and can install a range of fit for purpose systems such is its level of expertise.

Expansion Potential
The business has spent previous years putting the infrastructure in place, at considerable cost and is just now starting to reap the rewards of this work in terms of significant increases in revenues and profitability. It now enjoys new revenue streams and a growing customer base ripe for future development. Further investment and expansion (scaling) would offer potential for the business to expand its operation further afield. The business has only recently taken on a more proactive sales approach and the results are clear to see in the current years trading figures. The company is building an impressive customer base with growing estates that need continual refurbishment and upgrading.

Ongoing growth of the maintenance offering as well as initial installation works are prime objectives. The fire and security protection market has experienced major growth over the last few years and this is expected to continue into the future with more and more legislation and directives being put in place with regards to fire/alarm systems, access control, insurance liability and health and safety. This business is perfectly positioned to develop these opportunities as they arise.

Market / Competition / Non-Competition Agreements
The business has never felt the need to advertise preferring to rely on referrals, repeat business and word of mouth recommendations to generate revenues. As an approved supplier to various contractors and companies it has a steady stream of invitations to tender. It is also promoted through its accreditations with BAFE/FIA.