Plumbing Heating Contractor With Industry Niche

Not Disclosed, PA
Berks County

Asking Price: Annual Revenue:
$2,100,000 $3,295,000

Services: Construction, Contractors

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RE: Plumbing Heating Contractor With Industry Niche Broker: Jim Eshleman
Owner Financing is Available!
Seller may finance up to 10%.

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $3,295,000
Net Profit: Not Disclosed
Cash Flow: $447,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1954
Employees: 8
BBN Listing #: 16333784
Broker Reference #: 00512

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Business Overview:

Specialty Plumbing Business Generating Excellent Cash Flow
This family owned plumbing and heating business has been in business over 60 years serving residential, commercial, and agricultural customers. The residential/commercial work consists of traditional plumbing and heating services and accounts for approx. 40% of sales. The remainder of the business is a niche specialty the company has developed in the agricultural plumbing business. The agricultural work accounts for approximately 60% of sales and involves installing complete water systems in large farming operations for potable water, recycling, and manure handling and waste systems. The company has developed some proprietary components that go into the agricultural projects. These projects are up and down the east coast an out into the Midwest.

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Property Features and Assets:

The business is operated from a building owned by a related party. It is assumed that the business could be operated from a building at a triple net market rent of $2,500 per month or $30,000 per year. The equipment includes 7 vehicles and tools.

Market Competition and Expansion:

Locally, the company has a long track record for the services it provides and a reputation for quality and reliability at reasonable prices. There is limited competition in the agricultural plumbing market because it requires specialized knowledge, projects can take weeks or months to complete, and the work requires employees that will work out of town. The company does not do air conditioning and this is a simple add-on service that a buyer could offer to the existing customer base. The agricultural business could be grown by adding another crew or leveraging the company's intellectual property and providing service through a consulting arrangement.

Reason for Selling:

Prepare for future 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.

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