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Business For Sale
PLUMBING COMPANY, MISCELLANEOUS REPAIR
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Asking Price: |
$525,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Moving to Florida, Other Business Interest. |
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Year Established:
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1926 |
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Yearly Cash Flow:
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$250,000 |
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Yearly Gross Income:
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$1,300,000 |
Business for Sale Overview:
Excellent opportunity for Acquisition! Extremely reputable plumbing company, established 80 years, works all phases of this industry such as complete bathroom renovations, extensions and dormers, sprinkler, sewer and water mains (new and repair), gas and oil boilers, gas piping and radiant heating. Commercial kitchens, gas header piping, fire sprinkler, fire sprinkler mains, roof top heating units, infra-red heaters and commercial boilers up to 8 million BTU's. This company services all of Nassau County and Western-Suffolk. Business is split 70% residential, 30% commercial with 23 loyal commercial clients accounting for $2.2 million in sales alone. Business is the preferred installer for Keyspan Energy Group and has an outstanding 50 year relationship. $525,000 gets new owner $250k Net income, a well-known name in the industry, $40k in material/equipment and advertising (Blue Book, other). Buyer must have a license. Call today, will not last!
Property Features and Assets:
N/A-business offered for acquisition. Owner relocating to Florida. Current place of business and building will be sold. Need own location. 24hrs/7 days a week.
Market Competition and Expansion:
Only plumber in town, only plumbing business in area to do commercial kitchens, large boilers, and gas piping installations. Business has seen considerable growth in the past 4 years. Went from 1 to 4 trucks. Motivated/experienced owner will continue to see business grow.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not 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.
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