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Quick Facts
Asking Price: | $2,000,000 | |
Annual Revenue: | $3,800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $500,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 500,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 18 | |
BBN Listing #: | 69754701 | |
Broker Reference #: | 14935 |
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Business Overview:
This is a unique opportunity to acquire a well-established, profitable, and growing niche commercial plumbing, heating & HVAC business. Over the last 20 years this company had become one of the area’s best and most sought-after full-service plumbing companies by general contractors as well as commercial & residential building owners and all kinds of property managers. The key to their success has been an unwavering commitment to hiring, training and maintaining top-quality, licensed professionals and consistent quality work. The company does not advertise as their pipeline of work remains full and they sometimes must turn work away. The owner is looking to properly exit the company and wants to continue the legacy with the right new ownership group. There will be a very smooth transition given by the retiring owner as there is a recognition that it could take several years to properly transition all the relationships. The Company has many contracts in-house and work scheduled out to 2023. The business is being offered turnkey complete with its work in progress, fully trained crews, technicians, trucks, machinery, inventory, management, administrative staff, and a very strong, local brand. This business represents an excellent opportunity for certain Plumbing & HVAC companies, general contractors and other like companies looking to gain market share and expand their footprint. Qualified candidates please ask about listing #14935 when inquiring about this opportunity.
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