Fire Safety Business

Fire Safety Business Success Stories [2024]

Pat Walls

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Updated: October 7th, 2024

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.

In this list, you'll find real-world fire safety business success stories and very profitable examples of starting a fire safety business that makes money.

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 money it makes: $3.65M/year
How many people on the team: 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.

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