7 Fire Safety Business Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start A Fire Safety Business

The fire safety industry specializes in providing essential safety measures to both residential and commercial property owners.

This industry offers comprehensive solutions to protect homes, businesses, and public spaces from the devastating impact of fires.

From installing state-of-the-art fire detection systems to conducting safety audits and implementing preventive measures, the fire safety industry plays a crucial role in safeguarding lives and property.

As a prospective business owner, choosing to invest in this sector will enable you to address a critical societal need while also offering the gratification of contributing to community well-being.

Here are some real life success stories of starting a fire safety business:

1. FireAvert ($3.65M/year)

Peter Thorpe, a full-time firefighter in Provo, Utah, came up with the idea for FireAvert after responding to numerous fires caused by unattended cooking, the #1 cause of fires. He partnered with engineers to design and prototype the product, which plugs into the oven and automatically cuts power if the smoke alarm goes off. FireAvert did over $2 million in revenue in 2018 and is expected to double that in 2019, primarily through B2B sales to multi-family property owners and senior living properties.

How much they make: $3.65M/year
Current team size: 7

How This Firefighter Invented A $3.6M Product That Prevents Kitchen Fires

Firefighter turned entrepreneur Peter Thorpe invented FireAvert, a product that plugs into an oven and automatically cuts power to the stove and range if a synced smoke detector goes off, resulting in over $2 million in revenue in 2018 alone, with projections for double that in 2019 and the creation of a FireAvert outlet and smart home integration in the upcoming future.

About

Peter started FireAvert almost 12 years ago

Revenue

Peter grew the business to $304K/month

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So... can you actually make money with a fire safety business?

Of course. There are millions to be made in this industry.

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4. FireAvert

FireAvert, as seen on Shark Tank, prevents the #1 cause of fires by automatically shutting off your oven/stove if something starts to smoke. Perfect for multi-family housing, senior care, and everyone that has a stove.

How much they make: $3.65M/year
Where they're located: Utah, USA
Current team size: 7