Commercial/Residential Plumbing & Heating Services
Not Disclosed, WA Snohomish County
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- RE: Commercial/Residential Plumbing & Heating Services
- Contact: Linn Crader
Quick Facts
| Asking Price: | $2,423,000 | |
| Annual Revenue: | $5,758,142 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $730,975 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $180,366 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2002 | |
| Employees: | 25 | |
| BBN Listing #: | 98014955 | |
| Broker Reference #: | 8101-17692 |
Business Overview:
The Company provides a wide variety of commercial and residential plumbing & heating services, working with residential and multi-family contractors. Working in the greater Seattle area, the Company has work through 2024. Experienced plumbing technicians accurately diagnose and repair plumbing issues. The Company offers complete commercial plumbing services including ground-up hotels, apartments, and commercial kitchens, very experienced in commercial tenant improvement jobs. The Company offers design and consulting services for commercial plumbing work. No job is too big or too small.
The Company designs and installs hydronic (hot water) and steam heating systems, as well as a wide variety of heating and hot water boilers.
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Property Features and Assets:
Located in a conveniently-located industrial area, the leased 2,200 sq. ft. building is a concrete tilt-up including a warehouse, office/kitchen space, storage and ample parking.
Assets = $1,292,320
Market Competition and Expansion:
98% of the Company's services are provided in the Greater Seattle area where there are a plethora of plumbing & heating companies. However, few if any, measure up to the standards provided by the Company, is evident by the continuing referrals; website-only advertising; and STILL the Company constantly turns away work. The Company currently has work through 2024. It's the owner's opinion that growth would be seamless without the current labor shortage. As businesses increase capacity through new facilities, expansion in commercial construction activity will fuel demand for plumbing and heating installation services. In tandem, technicians will be called upon to fill long-term maintenance contracts and renovate existing structures' systems to reflect the increasingly eco-friendly priorities of the business world. The multi-family residential market will prove promising for plumbing/heating maintenance and repair services.
Reason for Selling:
Owner plans to retire and travel.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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