Owner Financing is Available!
Business Overview:
For the right person with the right set of skills, this is a great opportunity to step right in and be a dominate presence in a large market. This decades old premier company has carved out a niche in the mechanical contracting sector. They specialize in the inspection and repair of commercial boiler systems and components, provide on-going preventive maintenance to customers and sell and install new systems. The work they do is mandated by city, state or federal laws, so no matter the condition of the economy, the business is there! A buyer should have a state and city mechanical and boiler license or be able or willing to obtain the licenses. The owner is open not only to working with a buyer long-term to properly transition the company, but will also consider financing the right (individual) buyer with an appropriate down payment. The seller is prefers to sell the associated property to the buyer (in addition to the asking price of $380,000 @ estimated market value of $230k-$250k), but will consider leasing.
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:
The business has ample office and warehouse/working space to handle any task or park several vehicles or trailers. Plenty of yard space and conveniently located for easy access. The seller is prefers to sell the associated property to the buyer (estimated market value $230,000 to $250,000), but will consider leasing.
Market Competition and Expansion:
There is very little competition due to the niche and barriers to entry in this space. This business dominates the market in its trade area, and has built a great name over several decades of business.
The owner does very limited advertising, and no marketing. All business is repeat business or word of mouth. A buyer that has the time and desire to grow the business would be expected to increase revenues appreciably. Much of the work they do is mandated by city, state or federal laws, so no matter the condition of the economy, three is relatively low risk of losing business.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.