Buy a Business

A Water Backflow Business is a most interesting Life Safety Business. It is one of 9 Life Safety “Profit Centers” where the Governments require an annual or semi-annual Inspection. It is that very valuable R.M.R (Reoccurring Monthly Revenue). Every Building & Home must have a Water Backflow Device Installed and it must be inspected each year. In many cases these Inspections take less than one hour to complete. The Inspections on the average pay about $125 to $295. Maybe about 1 out of 6 will require a repair or replacement at costs that can be $385 to $2,000 plus or higher.

This 21 year old Business was doing over $800,000 annually. With a net of about $210,000. They had 4 trucks on the road doing these Inspections. Most of their Inspections were with Government Buildings and most were Military Bases. A Military Base may have over 100 Building, each would have it own Backflow device and it would need to be inspected each year. A few years ago the owner was tired of all the travel and his most Profitable Business was right here in the Washington DC Market area, including Baltimore. The Business was reduced to 4 “Route Sales” Trucks & Sales went down to $400,000 with a net to the owner of $165,000. The asking price for this Business is $465,000 or a little less than 3 times earnings.

This Business is now ready to expand. Any new Buyer should add Fire Sprinkler Inspections to the Business and also Fire Extinguishers. Every Water Backflow Customer has Fire Extinguishers and in most cases the Fire Sprinkler Systems. The Back Flow Inspection Business is one of the Fastest Growing “profit Centers of the Life Safety Industries. The Cross Marketing of Fire Extinguisher Sales & required Inspections & Tagging is an easy marketing activity. About 90% of the Water Backflow Business has been going to the “Master Plumbers”, that is now starting to change, many People in all of the Life Safety Businesses are getting interested in getting into the Water Backflow inspections.

The SELLER of this Business is interested in staying with the new owner to handle sales and taking care of the Licensing issues. He can also be a # One Sale Producer. This is a Vet Owned Business and the Owner can get back to Govt. Bidding for some large Profitable contracts.

The Broker Dennis Riley who Listed this Business For Sale has owned 32 Life Safety Businesses in 17 Cities Nationwide. Dennis would like to work closely with the New Owner of this Business. This Business can be expanded into other nearby Market Areas, no “Brick & Mortar” office required. All you need is a “Route Sales” Truck added and supervised from a Corporate Location. Each “Route Sales” Truck added to the fleet should produce $240,000 of sales and a net to the owner of $30,000 plus.

You will want to have a special meeting with Dennis V. Riley the Broker & “COACH” to the Life Safety Industries. Dennis has many other Life Safety Businesses For Sale, that can compliment this Profitable Business. The SELLER is in the Process of moving his Business to a new Sothern Maryland location and is sharing the low rent with another Water Backflow Business and Life Safety Business.

Cell # 240-462-9220 office 410-326-2187 dennis@beltwaybrokerage.com