High Profit Residential Plumbing and Heating

Not Disclosed, MT

Asking Price: Annual Revenue:
$1,250,000 $1,253,867

Services: Construction, Contractors

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RE: High Profit Residential Plumbing and Heating Broker: Ken Bohenek

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,253,867
Net Profit: Not Disclosed
Cash Flow: $595,401
Total Debt: Not Disclosed
FF&E: $189,476
Real Estate: Not Disclosed
Year Established: 2000
Employees: 8
BBN Listing #: 97894955
Broker Reference #: 8306-14531

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Business Overview:

Beginning operations in 2000, the Company specializes in residential plumbing service/repair along with remodels and new construction. The Company also provides service/repair and replacement along with new installations for hydronic systems. Mechanical piping for LP, natural gas and air systems are also performed. Some light commercial work is performed, but the focus is mostly residential. The Company has excellent customer reviews and a with a loyal and solid customer base.

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Property Features and Assets:

The business is located in property owned by the Company and centrally located in town. The Company leases back the building. The property could be available to purchase or a favorable lease will be made available prior to Closing. Well branded and well stocked trucks, tools and equipment are all in top shape and included with the sale. Total Assets: $204,476

Market Competition and Expansion:

Competitive marketplace but growing and quality shops are not as common. Industry demand continues to grow. According to First Research Reports the industry is expected to grow at a compounded rate of 6% from 2018 through 2022. The demand for the Company continues to grow. Although the Company does offer many modern services, the industry as a whole will continue to see additional growth in "green" plumbing, user friendly/wireless systems and water purity/filtration along with continued efficiencies in heating and water systems.

Reason for Selling:

Pursue other interests.

Additional Details:

  • The property is leased.
  • 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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