Seller's Contact Information
- RE: Plumbing Heat And AC Seasoned Techs
- Contact: Louis Falzarano
Quick Facts
Asking Price: | $699,000 | |
Annual Revenue: | $1,042,998 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $114,264 | |
Total Debt: | Not Disclosed | |
FF&E: | $14,002 | |
Real Estate: | $294,515 | |
Year Established: | 1943 | |
Employees: | 8 | |
BBN Listing #: | 63854955 | |
Broker Reference #: | 3401-17613 |
Business Overview:
$1MM in sales in 2022. Real Estate Included in sale Price.
This 2nd generation Plumbing, and HVAC company serves both commercial and residential clients. The company does slightly more Residential and Plumbing work. All of the work is from referrals. The company's generational legacy brand requires no advertising with all customers coming from referrals. The business is currently turning customers away so a new owner could grow the business just by adding more staff.
Valuable Real Estate, 5 vehicles plus a substantial amount of equipment is included in sale.
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Property Features and Assets:
Free standing 2 story, 2,650 Square Feet building on a paved 14,000 Square Feet lot provides ample parking, storage space and offices. This valuable property is included in the sale price. The space could handle significantly higher volumes so there is no need to go anywhere. Assets = $328,517
Market Competition and Expansion:
There are several competitors that serve the same market area. Having 80 years of market penetration is a significant asset and competitive advantage that you have to earn. Add staff and don't turn away jobs.
Reason for Selling:
Transfer of the business and then retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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