Profitable Boiler & Hydronic Sales Distributor

Not Disclosed, CA
Contra Costa County

Central Warehouse

Asking Price: Annual Revenue:
$1,900,000 $3,212,276

Wholesale/Distribution: Durable Goods

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RE: Profitable Boiler & Hydronic Sales Distributor Broker: Antoinette.Gonzales Norris
License #: 02094932

Quick Facts

Asking Price: $1,900,000
Annual Revenue: $3,212,276
Net Profit: $303,226
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1956
Employees: 5
BBN Listing #: 48756614
Broker Reference #: SV00125

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Business Overview:

This Manufacturer’s Representative and distributor for boilers and hydronic accessories is an Essential Business. This company has been in business since 1959 and is a 2nd generation business. The primary source of income is from the SF Bay Area, Northern California and Reno, Nevada region. This business distributes Hydronic (water and low-pressure steam) heating boilers as used in single, multi-family housing, office buildings, schools, commercial and process heating.

Sales during 2017, 2018 and 2019 have consistently been over $2.9M and in 2020, their sales have had a slight decrease of 8%.

With 4 Full Time Employees, this business is a very lean operation. The business is run by the owner, a small sales team, a Warehouse Manager and the office manager. Sales in 2018 were 2.9M and in 2019 were $3.2M. Sales will continue to see growth of 24%. Approval of a new tankless water heater will present a large opportunity for increased sales.

This business is listed at $2.3M ($1.2M in inventory and $400K in Accounts Receivable is included in price). SBA has pre-approved this essential business for 1.5M. Contact Broker for full Memorandum on this Essential, Profitable and Recession proof business.

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Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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