Established 1991: Fireproofing Business, Southwestern NJ.
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Asking Price
$2,800,000
Detailed Information
Business Description
Established in 1991, this privately owned commercial fireproofing and insulation company operates in Southwestern New Jersey within the Philadelphia Region. With a dedicated team of 15 employees, the company offers comprehensive fireproofing and insulation solutions for large commercial projects, earning a strong reputation in the industry and region. Equipped with a 5,000 square foot facility housing all necessary equipment, the business is primed for growth and expansion. The company's expertise aligns with an industry on the rise, as the global fire suppression systems market is projected to reach $28.8 billion by 2030, driven by a compound annual growth rate of 4.9%. Specifically, dry chemical-based systems are expected to reach $11.8 billion with a growth rate of 5.4%, while water-based systems are forecasted to grow at a rate of 4.8%. Leveraging its excellent reputation and profitability, the business has the financial stability and operational capacity to enhance services and explore