Business Overview:
This acquisition opportunity is a residential plumbing and HVAC installation and service company. The company offers a variety of services including installation and repairs or replacement of faucets, toilets, sink and shower drains, water heaters, water and drain lines, gas lines, and sump pumps. The company has a 100% satisfaction guarantee that helps maintain their well-established reputation throughout the area. Although the company advertises through various channels, 90% of the company’s advertising methods consist of yellow page ads, direct mail, newspaper, radio, and television.
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Property Features and Assets:
The company owns two commercial buildings - one building is approximately 4,000 sq ft and houses the company’s administrative office employees; the other building is approximately 6,300 sq ft and is divided into shop office and warehouse space. Real estate is owned by current owner and may be available at Fair Market Value.
Market Competition and Expansion:
The company serves a regional area within a 40-mile radius.
The company was ranked among the top 500 franchises in the Entrepreneur Franchise 500 by Entrepreneur Magazine.
Plumbing makes up 60% of company revenue and HVAC makes up the other 40%.
The business is considered the top residential service company in their area.
Reason for Selling:
Owner Wishes to Pursue Other Interests
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.