Plumbing and Heating Contractor for Sale

Not Disclosed, NJ
Morris County


Asking Price: Annual Revenue:
$800,000 $1,906,293

Services: Home Improvement, Repair, Painting


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RE: Plumbing and Heating Contractor for Sale Broker: Larry Bodner

Quick Facts

Asking Price: $800,000
Annual Revenue: $1,906,293
Net Profit: Not Disclosed
Cash Flow: $260,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 27
Employees: 10
BBN Listing #: 10932979
Broker Reference #: 7670lb

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Business Overview:

SELLER FINANCING TO QUALIFIED BUYERS. Well-established turn-key Heating & Plumbing Contractor services approximately 100 accounts +/- (approximately 90% residential 10% commercial) in the north New Jersey area. Seller will stay to train. Cash flow is based on the re-casted 2020 tax returns and includes an adjustment for rent. The seller owns the building and will give a long-term lease.

2018 Revenues: $1,974,596; 2019 Revenues: $2,046,174; 2020 Revenues $1,906,293

Services Provided:
Faucet Repairs, Home Renovations, Ceramin Tile Work, Radiant Heating Repair, New Construction Plumbing, Boiler Installation & Maintenance, Drain Cleaning, New Water Heater Installation, etc. For further details contact Larry Bodner.

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Property Features and Assets:

Freestanding building with plenty of parking.

Reason for Selling:

Retirement

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 not a franchise resale opportunity.

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