Leading Northern Michigan Plumbing & HVAC Company

Not Disclosed, MI


Asking Price: Annual Revenue:
Not Disclosed $4,623,100

Services: Construction, Contractors


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RE: Leading Northern Michigan Plumbing & HVAC Company Broker: Max Friar
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,623,100
Net Profit: $820,500
Cash Flow: $1,006,500
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: 1959
Employees: 21
BBN Listing #: 434245079
Broker Reference #: 087

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Business Overview:

This business is a highly profitable plumbing and HVAC business located in a small, Northern Lower Peninsula city. The 60+ years established, family-owned company is a dealer, installer, and service provider of plumbing and heating, ventilation, and air conditioning (HVAC) systems and equipment.

The company’s customer base consists of loyal commercial, residential, industrial, and institutional customers. The business sells and installs furnaces, air conditioners, boilers, stoves, fireplaces, sinks, faucets, toilets, and other related HVAC systems.

The licensed and professional staff including refrigeration experts, journeyman plumbers, and accredited mechanical contractors provides reliable service. Products and services are backed by preventative maintenance and extended warranties.

As an essential service provider, the Company remained open during the COVID-19 shutdowns with essential commercial and institutional work. Business has been booming as things have opened back up.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found please email us using the email reply button of this ad.

Once we receive your NDA and answers to some basic questions the Confidential Information Memorandum (CIM) will be sent to you from the project manager.

IF YOU DO NOT RECEIVE A FOLLOW UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email us for support. Thank you in advance!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

8,400 square feet office and showroom for administrative operations and to display products and 20,000 square feet warehouse and sheet metal fabrication shop.

Market Competition and Expansion:

Investment Highlights Include: (1) Well-Established Company with Loyal Customers (2) Full-Service Capabilities & Limited Competition (3) Highly Skilled Staff with Low Turnover (4) Recession Resistant Growth and Expansion Pros and Cons: (1) Introduce Innovative Hiring Methods (2) Favorable Long-term Industry Trend (3) Bolt-on Acquisitions

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.

Relevant Links:

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