Owner Financing is Available
Business Overview:
Ever felt like you wanted to get away. Here is your chance. An 80 year old plumbing and h.v.a.c. company is selling. Owner is retiring. Business currently runs on a 52% E.B.I.T.A., or cash flow.
Yes, that is 52%. In November of 2008, the city is breaking ground and bringing in sewer and water.
The next owner has the first right on Each And Every hook up for commercial and residential.
The business does well now, it is going to make hay for the next 5 years. Owner is willing to stay on and consult one day a week for a period of time with pay. Located 90 minutes south of
Chicago, if you have plumbing experience, this is your next business. The business can be sold with their 3 level building, or without. Next owner, with the new sewer and water changes in town, may get their money back in 18 months. This is a steal.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Inventory: $40,000 (Included in Asking Price).
Furniture, Fixtures, & Equipment: $10,000 (Included in Asking Price).
Real Estate: $70,000 (Not Included in Asking Price).
This business located 90 minutes south of Chicago. 30 minutes south of Kankakee. 45 minutes north of Champaign/Urbana. 60 minutes from Bloomington/Normal.
Market Competition and Expansion:
Owners do $145,000 to $220,000 per year each of last 10 years.
Reason for Selling:
Retire
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: