The hosts dig into a fire suppression business for sale in New York, debating whether it's a hidden gem or a risky bet.
Business Listing – https://us.businessesforsale.com/us/nyc-fire-suppression-and-consulting-business-in-new-york.aspx
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In this episode, Heather, Bill, and Travis Jamison take on a fire suppression and consulting business based in New York City with $3.6 million in revenue and $750k in cash flow. The seller is offering up to 50% financing, but the team digs deeper into whether the valuation makes sense given its heavy reliance on project-based income versus more stable maintenance revenue. They explore the impact of compliance-driven demand, the potential of long-term contracts, and what kind of buyer would be best suited for a business like this—concluding that it might be a fit, but only for someone with the right background and connections.
Key Highlights:
- Breakdown of project vs. maintenance revenue and why it matters
- Discussion on market growth due to increased fire regulations
- Why seller financing might indicate underlying risk
- Considerations for SBA loan structuring in contracting businesses
- Who should (and shouldn't) buy this business
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