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Asking Price:	$2,000,000 USD USA Dollars
Business for Sale Industry:	Services: Construction, Contractors
Reason for Selling:	Other business interests of seller
Year Established:	1963
# of Employees:	28
Yearly Revenues:	$3,000,000
Yearly Cash Flow:	$500,000
Monthly Payroll:	$80,000

Business for Sale Overview:

Well-established and growing plumbing contractor with 28 employees and 10 trucks in growing northern suburb of NYC. Company is well positioned for growth in the future with future project backlog in the 3mm-6mm range for 2007. Seller is agreeable to accepting down payment on current business and working an earn-out for future business. The company has a solid reputation with over 3000 active accounts. Ideal situation for established plumbing concerns to move into growing northern suburbs area to tap into continued real estate development and general plumbing repair and maintenance contracts of this large population area.

Property Features and Assets:

Modern new facility off-street parking and inventory near major highways and roads. Facility can be rented for 7k/month or purchased for 1mm (approximate).

Market Competition and Expansion:

The seller has been established since 1963 and is well known with construction firms, government agencies and individuals and well-positioned in the middle market of this area. The company is picking up business from the exit of smaller plumbing contractors.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is willing to work for 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.